Headed by Freed Developments and ELAD Canada, the project will see eight residential towers constructed on the site comprising a total of 2,846 residential units. Grade-level retail will be incorporated along the new street grid to activate the public realm, with a new community centre and improved streetscape design rounding out the neighborhood. Recognizing the importance of the mall as a gathering place and focal point of the local community, the design wanted to recreate this sense of community in the new master plan. Streets are designed with a pedestrian-first approach, while Point Plaza represents a new gathering place and focal point for the community.
A total of eight towers will be constructed, rising to heights of 35, 32, 29, 26, 25, 23, 21, and 18 storeys. The retail-lined streets will provide necessary services and amenities for locals, enhancing and improving the retail presence that is currently on the site. As well, 150 affordable housing units are included in the master plan, while 50% of all residential units are planned to be two bedrooms or larger, thereby providing an option for families. the new community centre being constructed during the first phase of development before all residential towers are built out. There will be no interruption in operation of the community centre between the existing and new buildings, and existing key retail tenants will be able to remain open during construction to maintain continuity of services.
