Mixed-Use Building Designs — The Ongoing Trend For Toronto’s Skyline

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Toronto Skyline Aerial View
Toronto Skyline Aerial View

It used to be that commercial buildings were just commercial buildings, whether office, retail or industrial, and residential buildings just residential buildings whether apartments, houses or condominiums. But more and more, we see developers marrying the commercial building with residential developments to create new entities now known as mixed-use building designs.

Why the trend?

Well, originally it was in response to the influx of people returning to the urban centres to live closer to where they work. This fostered increased development in condominiums in certain areas of the down-town core, but with land space being limited, developers had to find a new `space` to continue their development projects. That is when mixed-use building designs were brought into being.

With mixed-use building designs, both the business or retail world and the residential world can co-inhabit the same real estate. For businesses, it creates an opportunity to be close to their potential clients or their ideal employees. For residents, it offers the conveniences of everyday living, playing, shopping and working close to home.

Now, developers see mixed-use building designs creating two new opportunities:

  1. The opportunity to establish community within the urban setting. Not only can mixed-use building designs bring general communities together, but they can bring people with common interests together. For example, in an effort to bring people with an interest in making a career in the arts, there is a mixed-use development arts and entertainment tower slated for completion in the fall of 2015 in the heart of Toronto’s Entertainment District, which will include a 43-storey condominium development strictly for arts-focused tenants atop a 6,000 sq ft arts and event venue which the arts-focused tenants can decorate using their talents as well as use for their fine arts, music, dance or drama events.1
  2. The opportunity to preserve the past and blend it with the present. With several older commercial buildings built in the 1920s still standing today throughout Toronto, some deemed historical sites are scheduled for restoration. The plans for these historical retail and commercial sites not only includes restoring these sites to their former glory, but also turning those sites into mixed-use building designs by adding brand new multilevel high-rise condominium buildings atop each site. Some of those sites are slated for completion in 2017.

And it won’t stop there. With a mandate to improve the physical appeal of Toronto for both tourists and urban dwellers, and with nowhere to build but up, more and more mixed-use building designs are certain to permeate the skyline of Toronto.

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DJ McGauley and Associates Inc. is your Office Move, Reconstruction and Reconfiguration Project Management Company of choice for the Toronto, GTA and surrounding areas. If an office move or reconstruction of your 2000 – 25,000 sqft office space is a remote possibility, consider contacting us to arrange a no-obligation site meeting. We guarantee that by the end of that meeting you will know all that would be required to make your office move/reconstruction project a successful reality.

Call 416-239-1931 , email info@djmcgauleyandassociates.com, or visit our website to complete our contact form.

 

1 Artscape, Artscape Sandbox, torontoartscape.org/artscape-sandbox

Williams, Patricia, Daily Commercial News, $300 million Yonge Sheppard Centre upgrade planned, http://dailycommercialnews.com/Projects/News/2015/8/300-million-Yonge-Sheppard-Centre-upgrade-planned-1009361W/

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