Cloverdale neighbourhood redevelopment moves another step closer to reality
Area residents, prospective buyers and other interested parties got another glimpse of what the redevelopment of the Cloverdale Mall neighbourhood may look like in a few years, as QuadReal Property Group presented its final plan to the community.
QuadReal is proposing a comprehensive master-plan to redevelop the existing 32-acre Cloverdale mall property into an innovative and dynamic mixed-use urban community. The proposal involves transitioning Cloverdale with a re-envisioned retail offering, residences, parkland and greenspace, community uses and new streets. Existing surface parking will be taken below ground, enabling a vibrant pedestrian-oriented environment at grade.
After recently hosting two open houses, QuadReal and its development partners, Giannone Petricone Architects, held the final Open House in late November, prior to submitting the plan to the City of Toronto planning department this month. Representatives showcased an updated master plan, artistic renderings and discussed community feedback received to date, and how it has been incorporated into the updated design and plan considerations.
The plan represents a major redevelopment for the shopping mall itself, which dates back to 1956 when it first opened as an open-air plaza. QuadReal plans to include a variety of housing types, including rental, condo and affordable units, enabling cross-generational opportunities, with condo units ranging from small to larger, family-style units.