Landmark initiative builds upon expansion in the Vaughan Metropolitan Centre
Image
Ministry
of Environment approves City-led Black Creek environmental assessment to spur
continued sustainable development
The City of Vaughan is pleased to announce that the Ministry of the Environment, Conservation and Parks, is moving ahead with the City’s flood prevention initiative in the Vaughan Metropolitan Centre (VMC). Known as the Black Creek Renewal Municipal Class Environmental Assessment Project (Black Creek Renewal Class EA Study), this new action plan is essential in continuing the development in Vaughan’s downtown core.
The approved
study will allow the City to implement effective flood control
measures, enhance the natural heritage system and beautify the public realm
through the renewal of the VMC’s Black Creek valley corridor between Highway 7
and Highway 407.
The VMC
continues to attract transformational investments,including the arrival of Niagara
University – Vaughan’s first post-secondary institution. The PwC-YMCA Tower, Transit City, The
MET and the KPMG Tower are among some of the many other developments shaping
Vaughan’s rapidly growing and distinctive skyline. The implementation of this
project will also further contribute to the mandate of the VMC Sub-Committee,
chaired by Mayor Maurizio Bevilacqua, to transform this area into a vibrant
urban core. It will serve as a key catalyst in positioning Vaughan as a
destination of choice for economic prosperity.
QUOTE
“The new
Black Creek corridor will be a defining feature of the Vaughan Metropolitan
Centre (VMC) and will represent another transformational milestone for our
thriving, dynamic and emerging downtown. We are taking an innovative approach
to flood control and mitigation, while delivering on our commitment to position
Vaughan as a leader in municipal sustainability. Not only will the Black Creek
corridor align with our environmental goals, as outlined in the City’s 2018-2022 Service Excellence Strategic Plan, it will also
serve to attract further investment, support urban growth and establish an
identity for the VMC that is uniquely Vaughan.”
- Mayor
Maurizio Bevilacqua
QUICK FACTS
- The VMC is projected to include:
- 1.5 million square feet of office space by 2031
- 750,000 square feet of retail space
- 12,000 residential units to be home to 25,000 people
- employment targets of 11,500 jobs, of which 5,000 will be new office jobs
LEARN MORE
-30-