Lakeview in Mississauga is one of the larger master-planned developments in the Greater Toronto Area. Proposed by Lakeview Community Partners, Lakeview Village will bring residential, retail, office, hotel, cultural spaces, and schools to the site.
Lakeview Village aims to create a legitimate city neighbourhood out of ‘nothing’. The original master plan was approved by Mississauga City Council in July, 2018, after which tweaks and changes to the plan have come about, and site preparation has begun.
The development is coming to the site of the former Lakeview Generating Station, known to some as the ‘Four Sisters’ coal power plant, decommissioned in 2005 as Ontario Governmental policy pushed for greener energy production. As such, site remediation has been necessary to prepare the brownfield site. Excavation of the footings and substructure of the former power station has taken place over the last year, working towards levelling the site for eventual construction.
The project also includes the creation of the Jim Tovey Conservation area to the southeast of the main Lakeview Village area along its frontage on Lake Ontario, a public sector revitalization where construction has been underway since November 2016.
The scale of the project has expanded significantly since October, 2018, including total long-term jobs, square feet available for employment, and square feet available for retail increasing by roughly 50%.
The Serson Innovation Corridor, an office and institutional component on the east side of the property, retail spaces within the Lakeview Square district, and educational spaces for on-site schools will provide the majority of the post-construction jobs.