It is widely believed that most of Mississauga is built up and little new development is possible in the years to come, but a study shows that more growth is possible.
Over the last few years, Mississauga’s concentration of growth has been present along major future transit corridors or down by the lake, such as Hurontario Street, the Port Credit and Lakeview areas.
Mississauga could add 174,000 new multi-unit homes (with an average size of over 1,000 square feet) via low and medium density intensification, which could translate into housing 435,000 residents.
This is enough to support Mississauga’s population growth into the year 2041, which is 85 per cent of Peel Region’s assigned growth by the province.
Growth can come without consumption of greenfield land, so there is no need to encroach into the Ontario Greenbelt. -CINEWS