Brampton mega mall proposal sparks retail turf war

A proposal for a 1.2-million-square-foot mega mall in the city’s north end has sparked a turf war in Brampton’s retail sector.

Representatives of Osmington mall appeared before planning committee Monday on a proposal for a new high-density development on 37 hectares (92 acres) at Bovaird Drive and Mississauga Road.

The development would be anchored by a new mall and movie theatre.

The project has been on the books since 2010, but is currently stuck in a legal battle at the Ontario Municipal Board (OMB).

Morguard, owner of Bramalea City Centre, has appealed the official plan amendment on the grounds that the mall is not “adequately supported by the retail market demand.”

Morguard took aim at a market study completed by Malone Givens Parsons in 2014 as part of a special Official Plan Amendment proposal.

The amendment would create a special designation for the development to make it part of the existing Mount Pleasant area, rather than Heritage Heights, which is still under planning.

A report to council lists several objections voiced by Morguard about the project including that it is “not currently warranted” and would “usurp retail support for Mount Pleasant.”

Morguard also mentions that the new mall would undermine the massive investment made to expand retail space at Bramalea City Centre.

During Monday’s presentation, Paul Lowes, a planner who spoke on behalf of Osmington, said the project “is located in an area that is not represented by major retail, fair distance to the other major retail locations.”

A hearing is set for Sept. 13, 2016. Because it is under appeal, the final application decision is up to the OMB tribunal.

A recent presentation offered the public an opportunity to provide input and ask questions.

Residents raised concerns about urban sprawl, connectivity and traffic.

The Osmington development would be done over three phases with Phase 1, calling for a 1.2-million sq. ft. (111,485-square-metre) enclosed mall and additional retail spaces.

Subsequent phases would see the addition of office buildings as well as a hotel and apartments.

Parks, squares, and other public spaces are also planned for the site.

The project, at a cost of nearly $1 billion to build, is expected to create 4,600 jobs and bring 6,000 inhabitants to the area.

Also complicating the Osmington development is the uncertain status of the GTA-West corridor and highway proposal, which the province suspended later last year.

Plenty of Brampton New Home Builders to Choose From and Realtor Dale Mundi will Help

Situated in Southern Ontario, Brampton is a beautiful suburban city that is growing every day. In many ways, the Brampton community and housing sector is mushrooming and isn’t likely to slow down in the near future. In fact, Realtor Dale Mundi is working with the leading Brampton new home builders; Lakeview Homes, Mayfield Village and Townwood Homes among others and they’re already in the process of establishing some of the finest luxury townhomes and village style communities for homeowners from all walks of life.

 

Homeowners in Canada, who are planning on purchasing high-quality real estate investment’s or the ones who are looking for a new and unique abode for themselves should head nowhere else, but Brampton. Dale Mundi has spent his entire career helping families get into the home of their dreams and he’s ready to help you as well! The city is growing at a rapid pace both financially and community-wise. Today, Brampton offers a host of shopping and recreation facilities in addition to schools, retail outlets, green and well developed spaces, gardens, linear parks, highways, curved and beautiful streets, theaters, public transit and entertainment spaces. The city offers a perfect combination of modern and urban lifestyle, where you can enjoy and cherish a lifetime of memories. Given that the Brampton community is diverse and unique in terms of its population, it is very likely that newer demographic patterns as well as trends will reshape the city.

 

Brampton home builders incorporate the latest technological innovations and leading edge designs in their homes, each home builder is focusing on exceeding the expectations of the homeowners and providing them with their dream home as well as access to all parks, pools, healthcare, entertainment and much more.

 

The beauty of these new developments is that each is well-planned and offer the comfort that new home buyers have grown to expect. Brampton’s new home builders are designing homes to address the ever changing requirements of the homeowners today and since Dale Mundi has such a great relationship with these builder you will too! Enjoy top choice of hundreds and thousands of new homes that have been built in the past couple of years, as the new generation is entering the city with their own set of dreams and desires.

 

Builders are specifically concentrating on constructing homes that are true reflection of the owners and their vivid personality. Thus, the new models of houses are being designed in accordance with the specific demands of the homeowners. The new age builders and Realtor Dale Mundi are paying a great deal of attention towards commitment and detailing when it comes to creating homes.

 

As owners, you will simply love to walk into your house, which is not merely a place where you reside but a space where luxury, comfort, beauty and serenity awaits you.

 

Don’t miss your opportunity to own in Brampton give Dale Mundi and Realtor Hut Realty a call!

Steps To Financial Security by #dale #mundi

 

Steps To Financial Security;

Being able to be financially secure enough to enjoy your life in retirement is every ones dream. But can it be done by just anyone or everyone. Retiring financially should be everyone’s dream. When we are young the stress of purchasing a car, buying a house and starting a family becomes our life. It’s hard to even think about saving for the future.

We must work toward financial security but no need to exercise self-deprivation. A lot of people assume in order to save money they cannot enjoy life. It is not impossible to achieve long-term financial security without sacrificing your short-term goals?

Here are some tips to help you secure your long term goals;

-must enjoy little things while you can (exmp; #family#vacations#friends)

-know your strengths and knowledge and how to use them

-Make a plan and work the plan

-set realistic goals as well as long and short term goals

-start with small goals and grow them gradually

-start planning for retirement at early age

-save money and make it grow

-take calculated risks

-get a mortgage or line of credit for investments not for vacations

You must understand your priorities to achieve your financial freedom goals

Give me a call to discuss how I can help you secure your future investments