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Times Group unveils plans for $2-billion, 88-acre Uptown Markham residential development

Markham is getting a new master-planned community with some genuine urban touches.

On April 11, the Times Group Corporation unveiled the plans for the 88-acre residential development they're calling Uptown Markham.

"Uptown Markham will significantly contribute to the continued growth of Markham as a leading economic and high-tech community," Markham's mayor, Frank Scarpitti, said in a press release for the occasion. "It is a well-planned and sustainable community that is a significant part of our vision for Markham Centre."

The intention, according to the developer, is for none of the residences to be farther than 200 metres from public transit.

The development is between Birchmount and Warden along Highway 7, and will ultimately consist of about 4,500 condo units and more than half a million square feet of commercial space.

The first phase of the development, dubbed River Park, will comprise three towers, two high-rise and one mid-rise, ranging in sale price from $240,000 to $600,000, as well as the first commercial space, called Uptown Square, with space for 15 retailers. The plan is for the plaza to be ready in time to receive the first occupants of the towers.

Writer: Bert Archer
Source: Mark Wessel

Do you know of a new building going up, a business expanding or being renovated, a park in the works or even a new house being built in the neighbourhood? Please send your development news tips to bert@yongestreetmedia.ca.

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