Urban redevelopment advances with new mixed-use towers
AI Article Summary
CentreCourt has commenced construction on two residential towers at Pickering City Centre in Ontario, part of a larger mixed-use master plan. The towers, 40 and 45 storeys tall, will add approximately 974 homes to the city's downtown. The development also includes over $25 million in infrastructure improvements, such as new roads and utilities, supporting future community phases. The complete project will eventually feature 6,000 homes across more than 10 towers and a landmark 55-storey tower.
What This Means for Canadian Contractors
This project shows how mixed-use developments can transform urban centers and stimulate economic growth. For Canadian builders, this means new opportunities in residential construction and infrastructure development, with increased demand for diverse skill sets and services. The scale of this project may also influence supply chains, requiring efficient logistics and possibly impacting construction timelines.
