July 29, 2021 | Real Estate News EXchange
Edenshaw Developments has partnered with Windsor Private Capital to acquire a prime transit-oriented development site in what might be called Edenshaw’s own backyard . . . at the Metrolinx Port Credit Mobility Hub in Mississauga.
The 1.48-acre piece of land is currently a parking lot on the west side of Hurontario Street, adjacent to the transit station, at 30 Queen St. E. The site has already been designated by the City of Mississauga for high-density infill development because of its proximity to transit.
“This is my home for 20 years and it’s nice to be a part of the growth in a small community,” said David McComb, president and CEO of Edenshaw, in an interview with RENX. “For us, it’s a personal triumph. A majority of our staff are Mississauga and Port Credit residents. Our office is a two-minute walk from this location. We can virtually live and work within the same block.”
Edenshaw also has several other developments on the go in the area, including more than 340 sold-out condo units at Westport, which is right across the road from the transit hub.
“We have over 2,700 units in development and the majority of them are within a three-minute walk of our office,” McComb said.
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