Building Communities for the Future
York Region’s four urban growth centres totaling 1,700 acres of mixed-use, transit-oriented development projects will accommodate 135,000 new residents, 100,000 jobs, and world-class amenities by 2032. York Region is amongst the top 10 Canadian cities in construction activity at $3.3 billion of total construction value and the second largest construction cluster in Ontario with over 13,000 construction and real estate industry businesses. Many of Canada’s leading construction, infrastructure, engineering, and real estate development companies call York Region home, including Brookfield, Condrain, Flato, Greenpark, Liberty Development, Miller Group, Remington, SmartCentres, to name a few.
- Second largest construction market in Ontario; 6th largest in Canada, with $3.3 billion new construction value (2018)
- Nearly 50,000 new homes sold in York Region since 2014 of which over 25,000 were condo apartments – GTA’s 2nd highest sales volume
- Canadian headquarters and major office locations of leading consulting engineering firms such as AECOM, Associated Engineering, Black & Macdonald, GHD, Morrison Hershfield, Stantec, WSP, and WorleyParsons
- Multi-billion-dollar public transportation infrastructure investments of the completed Toronto-York subway extension line, including the approved Yonge North Subway Extension construction plan, and a 36-kilometre York Region bus rapid transit corridor
Data sources: Statistics Canada, Canadian Business Counts, December 2018
$3.3B New Construction
Second largest construction market in Ontario; sixth largest in Canada
50,000 New Homes
Sold in York Region since 2014 of which 25,000+ were condos
4 Urban Growth Centres
Designed as walkable, high-transit live/work destinations
Latest York Region Construction Business News
- Festival Condominiums phase 1 rising, phase 2 reaches ground level in south VMC
As the development duo continues chipping away at a handful of projects in South VMC, the four-tower Festival Condominiums development is leading the way. - Main Street Newmarket hotel on track for June opening
Business owners described some local buzz around the hotel’s arrival. Wine on Main owner Jordan Mills, located close to the hotel, said many customers have expressed excitement. - York University’s new Markham campus marks ‘topping out’ milestone with ceremony
Markham mayor Frank Scarpitti congratulated on York University for this latest milestone, “The new campus will complement our growing downtown with its beautifully designed architecture and inviting entrance. We look forward to the official opening in 2024.”