Minto Proposes New 40-Storey Development In Mimico

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Minto Proposes New 40-Storey Development In Mimico
MimicoMintoPreconstruction
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Erin Nicole Davis is a born and raised Toronto writer with a passion for the city and its urban affairs and culture.

If all goes according to plan, Mimico could be home to a shiny and new 40-storey development from long-time developer Minto Communities. Located at 29 Portland Street, the development would feature a four-storey podium and contain a total of 413 residential units. It will also feature 630 square metres of non-residential space for ground-level retail.

The location is well serviced by the TTC and GO Transit via Mimico GO Station. In total, the development will house 121 residential parking spaces, 36 residential visitor parking spaces, and six car-share parking spaces. These will be distributed across three underground levels. Additionally, the development will feature a total of 440 long-term and 28 short-term bicycle parking spaces.

Adding value to the surrounding neighbourhood, the new development will bring the creation of a new park, with supporting privately-owned public spaces adjacent to the park. It will also see the widening of some streets. Like many parts of the Greater Toronto Area , Mimico is growing rapidly. Located in the southeast corner of Etobicoke, Mimico was deemed “up-and-coming” in the not-too-distant past, and the area is an increasingly popular one to call home. It’s characterized by a growing population and climbing home prices.would move forward at the Mimico GO station. Dubbed Grand Central Mimico, the upcoming community is set to include over 2,000 new residential units across nine towers, plus a new GO station.

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