North American Development Group (“NADG”) and its development team continue to work with the City of Toronto on the planning approval process for the redevelopment of the 26-acre Agincourt Mall.

Last year, Toronto City Council approved the zoning by-law that permits NADG to proceed with its vision to transform the property into a high-density, mixed-use community with thousands of new residential units, parks, retail venues, public spaces and office uses. Currently, NADG is working with the City to secure approval of its Site Plan application for the first phase of the project as well as the detailed design for the public streets and related servicing and infrastructure.

“We’re pleased with our progress,” said Steve Bishop, NADG’s Vice President of Development Services. “Our original vision of transforming Agincourt Mall into a vibrant community to live, shop and work, is coming to fruition and we are pleased to be advancing our Phase One Site Plan Application with the City of Toronto. The end result will be a great addition to the Agincourt community.”

According to Bishop, “The Site is strategically located within walking distance to the Agincourt GO Station at the northeast corner of Kennedy Road and Sheppard Avenue. The current retail mall, situated on 26 acres of land, will be transformed into a safer, pedestrian-friendly community with wide sidewalks, new bike paths, public spaces and enhanced connections to the surrounding community.”

The recently redeveloped Agincourt GO Station is slated to offer all-day, two-way service as Metrolinx continues its capital investment program and upgrades its infrastructure with new tracks and grade separations. This north/south rail corridor will provide even greater connectivity to both Toronto’s downtown core and surrounding communities in the GTA.

Phase One of the Agincourt Mall redevelopment encompasses two towers of 26 and 42 storeys atop a 6-storey podium complete with complimentary retail uses at the base of each tower.

Highlighting future phases of this new community there will be an eclectic mix of at grade retail complemented by a mix of small and large format shops, a supermarket and restaurants. A new retail promenade will be lined with boulevard cafés, lush landscaping and gathering spots. Two new parks totaling 3.7 acres, equivalent to 3 football fields will be deeded to the City – providing much needed green space for the community.

The approved plan also includes 4 Privately Owned Publicly Accessible Spaces (POP’s) and a Multi-Use Path (MUP) that will enhance the public realm by linking new and existing parks, while enabling residents from the broader community with a pedestrian/cycling connection to the GO Station.

Upon full build out this new residential community will include more than 4,300 units ranging from one-bedroom to three-bedroom units in 10 new towers ranging in height from 11 to 43 storeys based on podiums, as well as 39 new townhouses. In addition, the new community will offer affordable housing units spread throughout the site.

With families in mind, the approved plan also includes a childcare facility complete with indoor and outdoor space, as well as a brand-new community (non-profit organization) space.

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North American Development Group is a tactical and opportunistic real estate platform with over $5.5 billion of assets under management. NADG is vertically-integrated and has been active in the acquisition and development/redevelopment of over 250 shopping centers, mixed-use and residential projects, comprising well over 35 million square feet across the United States and Canada. NADG has sponsored over $2 billion of real estate private equity funds and investment vehicles. In addition to our funds, NADG continues to partner with and invest alongside some of North America’s leading institutional investors and currently manages over $2 billion of institutional investor capital. NADG operates three distinct real estate strategies: NADG Retail, NADG Residential and NADG NNN.

NADG Residential was originally founded as a complement to NADG Retail in order to add proficiency to our retail strategy. It is now core to the NADG platform and a primary growth strategy. Within NADG Residential, NADG operates under three distinct strategies: (i) development of multi-family apartments and for-sale condos, with our projects ranging from traditional garden-style to urban high-rise; (ii) development of single-family rental (SFR) projects; and (iii) land development, where we improve land and sell lots to major/public homebuilders. NADG has completed (or is under development on) over 10,000 residential units, and has improved over 1,000 acres of land, with a pipeline of another ~1,000 acres of land to be developed and sold to homebuilders and end users.

Giannone & Petricone and Associates (architect); Bousfields (planning); BA Group (transportation); Janet Rosenburg Studio (landscape architecture); Sabourin Kimble and Associates, Hammerschlag & Joffe, and RTG Systems (engineering); Central Tree care (arborists); KRCMAR (topographical survey); Opresnik Engineering (energy efficiency report); Pinchin (geotechnical study); RWDI (pedestrian-level wind study); McQuat Partnership (marketing); tcgPR -The Communications Group Inc. (public relations); and MacKinnon Public Affairs (government and stakeholder relations).