Hailed as a game-changing development for downtown Mississauga, the Exchange District will bring a reported 2,000 new luxury condominium suites to the city’s eponymous master-planned business and residential node. Camrost Felcorp is spearheading this ambitious project, which will occupy a huge site just south of Mississauga’s world-class Square One shopping and retail complex. GTA real estate insiders are buzzing about its potential, as Camrost Felcorp is well-known for its high-profile successes in the upmarket condominium sphere. The Exchange District will mark a major upgrade for the underutilized, prime plot of centrally located property the master-planned community will occupy.
The Exchange District’s condominium component will consist of four high-rise towers, each soaring 60 storeys into the sky. These lofty heights reflect an overall plan to optimize residential density, as smart, upward-focused growth continues to define Mississauga’s progressive urban development plan. The 60-plus-storey apexes will also vault the complex into rare company among Mississauga’s tallest skyscrapers, and will add an estimated total of 2,000 luxury suites.
Early renderings and artist’s conceptions detail a striking, bold modern design consisting of cubic massing elements arranged in alternating cantilevers. Horizontal block-style lines guide the eye across each tower, creating an impressive and distinctive look reminiscent of the cutting-edge condo towers currently in vogue in Manhattan and other trend-setting urban centres across North America.
Launch dates, floorplan breakdowns, and the unit mix have not yet been announced, as details about the Exchange District have only recently begun to emerge. However, given Camrost Felcorp’s unrivalled reputation as a premium builder of luxury residences, observers expect the Exchange District to deliver unrivalled quality, style, and value. The company’s past developments have featured stylistic touches and lifestyle features like floor-to-ceiling windows, natural hardwood flooring, and open kitchens with premium fixtures and energy-efficient appliances. Insiders expect the Exchange District to offer similar finishes.
Exchange District residences will form a major part of a larger master-planned community, which will fill a sprawling 3-acre (1.21 hectare) site at 151 City Centre Drive. It will incorporate placid landscaped greenery into its sophisticated urban surroundings, creating an optimized balance between city living and the quiet reflections of the natural world. Beyond the four-tower residential component, the Exchange District will feature brand-new hotels along with prime commercial and retail space designed to accommodate the overflow from the fast-growing Square One complex.
Analysts have characterized the Exchange District as further evidence of Mississauga’s strong, sustained growth. It holds excellent appreciation potential, and has thus attracted strong interest not only from prospective residents, but also from investors looking to add premium, centrally
located suites to their portfolios.
The Exchange District’s future location at 151 City Centre Drive puts it right in the heart of downtown Mississauga. Investors and homeowners looking for central properties surrounded by the city’s most complete urban amenities could not ask for more than the Exchange District will deliver. The site boasts a Walk Score of 92/100, which marks one of Mississauga’s highest totals. Everything you’ll need for daily living is within easy walking distance, and the hundreds of shops and services available at Square One only add to the convenience. With more than 360 stores spread across 2.15 million square feet (200,000 square metres), Square One is the second-largest mall in Canada, trailing only the famous West Edmonton Mall.
This location also features a very strong Transit Score of 84/100. Residents of the Exchange District will enjoy immediate access to multiple municipal bus routes, including the rapid-service Mississauga Transitway. The Square One Bus Terminal also features GO Transit bus service, while riders seeking GO Transit train service have their choice of multiple nearby stations, including:
- Cooksville (12 minutes away on public transit)
- Erindale (15 minutes)
- Port Credit (27 minutes)
These GO Transit train stations deliver access to multiple commuter lines, and make for fast, hassle-free trips to and from downtown Toronto. In addition, the Hurontario LRT system is currently under construction, and is slated for completion in 2022. It will add long-awaited rapid transit service across Toronto’s suburban Mississauga-Brampton corridor.
Motorists will enjoy convenient connections to several key routes, with typical travel times to major area highways as follows:
- Highway 403: 4 minutes
- Highway 401: 6 minutes
- Queen Elizabeth Way: 9 minutes
- Highway 407: 15 minutes
Mississauga continues to shake off its long-held reputation as a Toronto bedroom community, with developments like the Exchange District helping propel the city toward a bright and vital future.
Camrost Felcorp has carved out a niche for itself as a leading builder of landmark residential and mixed-use developments. Founded in 1975, Camrost Felcorp is the driving force behind some of the GTA’s most breathtaking and stunning recent residential projects. A quick glance at the company’s project gallery reveals some visionary successes: the Foxbar Collection and Blue Diamond, Cumberland Tower, Yorkville Private Estates, and many more. The Exchange District is widely expected to mark another huge step forward for Camrost Felcorp, which continues to distinguish itself as the GTA’s top luxury builder. JovenHuard, which has recently stormed onto the scene to become one of the hottest and most sought-after interior design studios in Toronto, will also be lending its peerless talents to the project.
IBI Group will serve as the architecture studio for the Exchange District’s residential towers. This acclaimed international firm maintains a presence in more than 60 major cities around the globe, and is headquartered in midtown Toronto. IBI partner Henry Burstyn will be leading the design team working on the Exchange District condominiums, putting the project in skilled and experienced hands.
The first confirmed details about the Exchange District are only now beginning to surface, and Camrost Felcorp has released a limited amount of information about this exciting new project. If you’re interested in learning more as further facts become available, we invite you to register with us for Platinum Insider Access to this landmark Mississauga development.
Platinum Insider Access registrants enjoy a long list of benefits, including up-to-the-minute news and information as the project moves toward completion. Members will be among the first to
receive floorplan and unit mix details when they are officially released, giving you key advantages when planning your purchase. Best of all, you will also be afforded the opportunity to reserve your suite early, during the presale process. This gives you the best chance of
snagging the unit of your choice, all while enabling you to lock in at low prices that are shielded from market speculation.
Register now for your Platinum Insider Access to this once-in-a-generation Mississauga community!
IMPORTANT: If you are currently working with a REALTOR®, please advise us as this service is not intended to interfere and/or solicit buyers represented by another REALTOR®.