Festival Condos is a new pre-construction project located at đ1 Commerce St, Commerce St & Interchange Way In Vaughan. Developed by Menkes. Menkeâs newest master-planned community located at the heart of the âVaughan Metropolitan Centreâ the epicentre of convenience, connectivity and innovation. This is the FIRST PHASE of the community offering unparalleled value to all buyers.
Menkesâ master-planned development in VMC spans over 100 acres, with new developments planned annually to create thoughtful residential and commercial density. The importance of transit-oriented developments in a growing city centre like VMC will take a new life with Menkesâ first release of FESTIVAL.
FESTIVAL will consist of multiple, high-rise towers that are set to become the tallest condominium development in South VMC. Designed with proximity to new retail shopping, amenities and steps from the VMC subway, FESTIVAL will redefine the VMC landscape for urban families and professionals. This will be the beginning of what will become the first mixed-use development within the entertainment capital of Vaughan â setting a new standard and era in city development.
For PLATINUM ACCESS, please contact Kee Park
Email: kee@condoanalyst.ca
Call: 416-493-3955
Festival Condos Highlights:
- Located at Commerce St & Interchange Way, in the heart of the brand new Vaughan Metropolitan Centre - Steps to the Brand New Subway station that connect you to Downtown Toronto - Multi-Billion Dollar re-development of a brand new downtown that will include new office towers, hotels, entertainment district, convention centres and much much more - Incredible opportunity to invest in an emerging downtown before it is developed.
The consistent growth and developments in Vaughan have been initiated by the Municipal and Provincial Government through the cityâs Secondary Plan, focused on developing VMCâs residential and employment hubs. Mobilio, the first phase of a Master Planned Community by the acclaimed developer, Â Menkes, is supported by major mobility hubs (VMC & 407) and will boost the housing diversity (condominiums and townhomes) and lifestyle amenities within the heart of VMC.
Menkesâ inspiration for developing such a landmark community was thoughtfully designed, catering to VMCâs growing population, with the core expected to house an additional 25,000 residences over the next few years. The continued rise in population by families, single professionals and academics have been further encouraged due to VMCâs residential property tax of 0.7%, making it one of the lowest in the GTA, thus encouraging homeownership.
With the City of Vaughanâs Community Improvement Plan (CIP), which is offering competitive incentives to encourage office development, VMCâs demographics of skilled professionals continue to be a catalyst behind Vaughanâs title as the largest employment hub in the York region. The CIP has fostered the development of 1.5 million sq. ft. of office space, attracting globally-recognized employers to VMC. Furthermore, the close proximity to York Universityâs Keele campus, one of the biggest university campuses in Canada with over 60,000 registered students and 7,000 faculty staff.
In addition, Mackenzie Health Hospital is on track for a 2020 Â completion, which will offer the countryâs first fully integrated smart technology, and further support the health and employment needs of the city.
Complemented by the renowned shopping centres (Vaughan Mills, Yorkdale), entertainment (Canadaâs Wonderland, Skyzone, Cineplex Colossus) and recreational centres (Trio Sportsplex, YMCA & Vaughan Sportsplex II), Â Festival in VMC offers unparalleled variety for the entire family.
Anchored with vast green space, Festival is walking distance to parks and trails, including a purposefully designed vertical park and outdoor amenities, Mobilio is offering residents the essential connection to nature.
With the city of Vaughanâs commitment to developing a downtown metropolitan area, Festival condos will boost the entertainment, employment, and outdoor connection to truly define it is a balanced neighbourhood in a blossoming urban centre.
For PLATINUM ACCESS, please contact Kee Park
Email: kee@condoanalyst.ca
Call: 416-493-3955
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