SmartVMC, the massive 100-acre development at the Vaughan Metropolitan Centre located at Highways 7 and 400 near Toronto, is the crown jewel of SmartCentres REIT’s evolution ‘from shopping centres to city centres’. Redevelopment in the area will result in the creation of a vibrant new downtown Vaughan which will be a centre of culture, recreation, commerce, open spaces, and urban life.
The area was first identified for intensification and development in 2006 with the announcement of the extension of the TTC Subway Line 1 from Toronto. Construction on the TTC’s Vaughan Metropolitan Centre station was completed in 2017.
Full Article: retail-insider.com