Edward Rogers, Mayor
Bonnie Crombie, Urban Capital and
IBI Group unveil 81-storey tower in the heart of M City
MISSISSAUGA, ON, Sept. 24, 2018 /CNW/ - Following the
unprecedented successes of M City's first two towers, M1 and M2,
today Edward Rogers, Mayor
Bonnie Crombie and the M City team
unveiled plans for a third tower along the western edge of
Mississauga's emerging downtown.
Designed by acclaimed Canadian firm IBI Group, M3 will soar to 81
stories, making it the tallest tower in Mississauga by a significant margin, and one
of the tallest buildings in the GTA.
"M City is the first residential development for the Rogers
Family and we are thrilled to once again be partnering with the
City of Mississauga. Our goal is
to develop a world-class community befitting any city in the world.
The unveiling of M3 is a significant step towards that goal," says
Edward Rogers, Chair of Rogers
Communications. "Today's announcement demonstrates our unwavering
belief in this city and continued commitment to delivering
cutting-edge design that resets expectations of what the future of
development looks like in Mississauga."
M3's unveiling comes only a few short months after construction
began on the more than 1,570 units that comprise M City's first two
phases. Rogers Real Estate Development Limited, a private holding
company owned by the Rogers family, enlisted leading Canadian
developer Urban Capital Property Group to help bring their vision
of downtown Mississauga to life.
The 8-tower, 15-acre, 4.3 million sq. ft. master-planned community
was designed by renowned urban designers Cooper Robertson of New York, to reflect the city's own vision for
a new downtown, and introduces two acres of public parkland onto
the site.
"We are working to build a complete, well-planned city.
Today is another important milestone as we shape our City's growing
and thriving downtown core. Once complete, M City will define
the western edge of downtown Mississauga and will perfectly compliment the
Absolute Towers to the east. These significant and ongoing building
investments help strengthen our City's tax base which allows
Council to fund important resident priorities we all rely on
including libraries, community centres and public transit," adds
Mayor Crombie.
M3's stunning, slender design features a subtle twist at the
lower and upper parts of the tower and a dramatic sloped crown at
the top. The design is rooted in the context of Mississauga's downtown and was the result of a
design competition held by Rogers Real Estate Development Limited
and Urban Capital, which received proposals from several of the
country's top architecture firms.
"M3 preserves the spirit of movement and twists that made the M
City 1 and 2 buildings so striking. It was important for our design
to embody this artful dynamism that has become so representative of
Mississauga, but with a subtle,
refined application," says lead architect Mansoor Kazerouni, Global Director of Buildings
at IBI Group. "Mississauga has a
very unique layout and acts almost as a city with two grids. You
have due North and South forming one grid and a streetscape that
runs diagonal to those directions. Our twist is meant to speak
directly to both compositions. The result is a design that is
completely unique to the site and emblematic of the ambitions of M
City."
The tower's verticality is enhanced by a dynamic façade defined
by saw tooth balconies that create a black and white diagonal
pattern up the building, providing scale, texture and materiality.
"The tower form is crowned by a sloped and stepped top that
complements the diagonal balcony pattern and creates incredible
terrace units, giving residents an opportunity to experience the
city like never before," says Kazerouni.
Fronting onto Burnhamthorpe, M3 will provide unfettered access
to abundant green spaces with M City's expansive two-acre parkland
abutting the podium. A wraparound café on the ground level along
with a linear park on the tower's north east side, will activate a
public realm in and around the site. The building's unique design
allows for an extensive amenity pavilion that includes an indoor
pool and gymnasium, providing one-of-a-kind views of the
neighbouring park.
"M3 cements the notion that M City is a catalyst for the
evolution of Mississauga," says
Mark Reeve, Partner at Urban Capital
Property Group. "I'm very proud of our tremendous team, which
includes the owner/developer, Rogers Real Estate Development
Limited, IBI Group, Cecconi Simone, Ellis
Don, Cooper Robertson and our
other leading-edge consultants. Together, we continue to push the
envelope and deliver a dynamic community that Mississauga will be proud of. We want to help
put this city on the map as one of the most progressive,
forward-thinking and creative places in the world."
M3 is Mississauga's tallest
tower at 81 storeys, with 900 units ranging from 480 sq.ft. to
1,000 sq. ft. Register online at mcitycondos.com.
ROGERS REAL ESTATE DEVELOPMENT LIMITED
Rogers Real Estate Development Limited is the owner and
developer of M City. The Company is part of an affiliated
group of companies, which together represent the Rogers family
private holding companies. The Rogers family private holding
companies are the majority and controlling shareholders of Rogers
Communications Inc., a leading diversified public Canadian
communications company created by Ted
Rogers. Rogers Real Estate Development Limited has engaged
the services of Urban Capital to manage the development of M City.
It is our intention for M City to be viewed as a continued catalyst
for downtown Mississauga and we
are honoured to have the opportunity to transform a long-held
family asset into a new, lively community in the burgeoning
downtown.
URBAN CAPITAL PROPERTY GROUP
Urban Capital is one of Canada's leading developers with an
award-winning reputation for architectural design, environmental
sustainability, and a commitment to cities. Working in partnership
with the best architects, designers and planners, the company is
widely recognized for its pioneering role in bringing high-design
urban living across Canada.
Consistently named as a top 10 condo developer in Toronto, Urban Capital has over 5,500
condominium units developed or under development since 1996. With a
reputation as urban regenerators, the company has brought its high
standards and visionary approach to neighbourhood-conscious
development from Toronto to
Halifax, Ottawa, Montreal, Winnipeg, and Saskatoon.
IBI GROUP
IBI Group Inc. (TSX:IBG) is a globally integrated
architecture, planning, engineering, and technology firm with over
2,700 professionals around the world. For more than 40 years, its
dedicated professionals have helped clients create livable,
sustainable, and advanced urban environments. IBI Group believes
that cities must be designed with intelligent systems, sustainable
buildings, efficient infrastructure, and a human touch. Follow us
on Twitter @ibigroup and Instagram @ibi_group.
SOURCE Rogers Real Estate Development Limited