While the developer and hotelier has spent the interevening years watching amenities trickle into the area, buyers at Mr. Gupta’s newest project won’t have to do the same. The hotel is being torn down and a new hotel will be built to replace it – along with two other residential towers – in a new project called Icona at the heart of what is now Vaughan’s emerging downtown district.
“Vaughan itself is growing so quickly,” Gupta Group chief operating officer Reetu Gupta says. “We acquired this land maybe 15 years ago, when Mr. Gupta had a vision one day this would become a very central location, and it’s interesting now, in 2017, it will have a subway next door.”
Full Article: www.theglobeandmail.com