LRT corridor, within two decades, will accommodate more than 100,000 new residents and office workers.
Builders and property developers along the stretch are salivating at the economic windfall that comes from having better connectivity.
In 2015 itself $1.3 billion worth of building permits were issued and that represents a 10 per cent increase from the previous year.
There is even talk about the city’s own central park along the northern half of the LRT corridor.
Susan Burt, Mississauga’s director of strategic community initiatives, says the LRT will be a catalyst for creating arts and cultural spaces, and fostering social interactions that have been antithetical to the type of isolating development prevalent in North America for far too long: big-box, shopping mall, subdivision planning.
There is no doubt that all along the LRT route there will be something of downtown Toronto feel. Tall buildings, shops, restaurants, cafes and services, with green space, public art and other cultural programming will mushroom.
Square One shopping mall — a quintessential, car-dominated destination from an era that idealized the sprawling suburban dream — is being transformed.
“The Exchange area which lies on the south side of the mall is already transforming the area into a pedestrian-friendly area that will encourage people to ditch the car and walk.
For years critics have mocked Mississauga’s urban sprawl and the over-dependence on cars. But a new chapter is being written and its title includes LRT. – CINEWS