GREATER TORONTO AREA’S NEW DOWNTOWN
Jul 06, 2015
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GREATER TORONTO AREA’S NEW DOWNTOWN
TABLE of CONTENTS
The Place to Be 1The Canadian Opportunity 2Canada’s Largest Metropolis - The Greater Toronto Area 3Canada’s High Tech Capital - Markham 4Downtown Markham 6Demographics + Facts 8Retail District Overview 10Development Highlights 12Buildings L+M 14Additional Development Highlights 16Buildings J+K 18Building W 20The Place to Be Green 22The Place to Be Inspired 23About the Developer 24About the Team 25
“Remingtonandthe townhavehashedout adowntowncoreto rivalanyforward- thinkingmetropolis, withhigh-density dwellings,dedicated transitlanes,and amplegreenspace”
– The Toronto Star
THE PLACE TO BE
the plAce TO SHOP + DINE | 2 Million+ Sq. Ft. of retail and dining
the plAce TO LIVE | 10,000 luxury town manors + condos
the plAce TO WORK | 3.4 Million+ Sq. Ft. of premium commercial office space
the plAce TO BE ACTIVE | 100,000+ Sq. Ft. of fitness facilities, plus plenty of trails for walking, biking, or running
the plAce TO STAY | 200+ room Boutique Marriott® Hotel
the plAce TO BE ENTERTAINED | 2,400-seat movie theater including VIP cinemas plus a 20,000-seat sports, special events, and cultural facility
the plAce TO BE INSPIRED | $20 Million+ art program, featuring hand crafted carousel, children’s art park, street art walls and outdoor museum
the plAce TO BE GREEN | part of the largest urban park in North America and the largest LEED registered plan in North America
the plAce TO ARRIVE | 5000+ parking spaces plus integrated transit
the plAce TO BE | with so much to offer, Downtown Markham is the place to come to and the place to come back to
“Oneofthegreatestsuccessstoriesoftheyear”
- The National Post - The Globe and Mail
“Strikingandambitious.”
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ClaringtonOshawa
Whitby
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City of Toronto
Aurora
New-market
Uxbridge
Richmond Hill
East Gwillimbury
King
Vaughan
Brampton
Caledon
Halton Hills
MississaugaMilton
Burlington
Oakville Scale (mile)
Lake Ontario
Lake Scugog
Lake Simcoe
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WhitchurchStouffville
Town of Markham
Regions
Regional Boundaries
Municipal Boundaries
L E G E N D
Highways
Pearson Airport
GO Train Unionville Line
DURHAMYORK
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The Greater Toronto Area (GTA): Canada ’s Economic EngineThe GTa encompasses 7,000 sq. KM (4,350 sq. MI) along the northern shore of lake Ontario. The area consists of 25 municipalities and is home to more than five million people, making it the fourth largest populated area in North america behind only New York, los angeles and chicago. The GTa is proclaimed one of the most multicultural cities in the world with more than 140 languages or dialects spoken here. The GTa is also ranked as the safest large metropolitan area in North america by places Rated almanac.
The GTa generates about one fifth of the GDp of canada and its financial service center is the third largest in North america behind chicago and New York.Source: www.toronto.ca
THE CANADIAN OPPORTuNITY CANADA’S LARGEST METROPOLISThe Greater Toronto area
With Canadian shopping center space at 14.6 Sq. Ft. per capita compared with 23.8 Sq. Ft. for every person in the United States, it is no wonder that canadian shopping malls have been outperforming their U.S. counterparts by almost 50 per cent in sales per square foot. While the average mall performance in the U.S. was slightly above $400USD per square foot in 2011, canadian malls yielded an average of nearly $600USD in sales per square foot, bouncing back faster and higher from the 2009 recession and further increasing the productivity gap between the two markets.Source: Colliers Spring 2012 Report
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Atlantic Ocean
St. John’s
Halifax
New York
Boston
Virginia1.5 HoursAir
Travel
2.5 HoursAir
Travel
3.5 HoursAir
Travel
Cincinnati
DetroitChicago
Minneapolis
WinnipegRegina
Calgary
Edmonton
Vancouver
SeattleVictoria
San FranciscoDenver
Los Angeles Dallas
U S A
Toronto
OttawaMontrealQuebec City
C A N A D A
33% of Canadians live within 100 miles of DowntownMarkham
50% of Canadians live within a 1-day drive of Downtown Markham
4th largest metropolitan area in North America with more than 5.5 Million residents
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CANADA’S HIGH TECH CAPITAL
1. ADC2. AMD3. Scholastic(offmap)4. ColtEngineering5. CGI6. AllstateInsurance7. SUNMicrosystems8. HP9. Ceridian10. TheLinkageGroup11. CAASouthCentral12. EXCO13. TheMillerGroup14. GlobalCredit(offmap)15. EstéeLauderCosmetics16. MACCosmetics17. MarkhamCivicCentre18. HiltonSuites19. IBM20. MarkhamDistrictEnergy21. Motorola,andWorleyParsons22. Honeywell23. Johnson&Johnson,andPfizerCanada24. AMEX25. ACNielsen26. Toshiba27. Apple28. PLMGroup29. RudyBrattyYMCA30. HondaCanada
Source: 2011 York Region Employment Survey
Markham, strategically located in the heart of the Greater Toronto area, is one of the fastest growing municipalities in Ontario with more than 310,000 people. More than 400 corporate head offices and close to 900 high technology and life sciences companies are located in Markham. High quality facilities, a highly educated and diverse workforce and a pro-business environment signify the many attributes that continue to attract world-renowned corporations to Markham.Source: www.markham.ca
Corporations located in Markham include hundreds of major multi-national companies with more than 38,000 employees
400 national corporate campuses located in Markham
900 high tech and life sciences companies located in Markham
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DOWNTOWN MARKHAM - Development at a Glance
Downtown Markham is the newest downtown in canada’s largest metropolis, the Greater Toronto area. It is a vibrant, entertaining, culturally infused mixed-used development with unfathomable intensity. located in canada’s High Tech capital Downtown Markham is the place to live, work and play.
Bubbling with customers who already live and work here, Downtown Markham’s amazing retail complex is next to come to life with Marriott Hotels and cineplex entertainment at the core of phase 1.
and that’s just the beginning. layer in luxury residences, premium office space, a wide array of dining and retail options, unique and compelling entertainment and beautiful art and culture and you get an urban center unlike any other.
2011 ANNuAL AVERAGE DAILY TRAFFIC COuNTS
HIGHWaY 407 60,000 (appROx)(WaRDeN ave - KeNNeDY RD)
HIGHWaY 7 65,487
WaRDeN ave 40,737
KeNNeDY RD 63,400
eNTeRpRISe BlvD 33,287
BIRcHMOUNT RD 28,750
404/Dvp 145,000 (2008)
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LEGEND1. Four corners2. Fountain3. carousel4. Markham central park5. GTa centre6. Regional Transit Hub
Development Size 243 acres Budget $4 BillionTotal Retail 2 Million+ Sq. Ft.Total Parking 5000+
Underground 3500+Total Residential 15,000 residentsTotal Office 3.4 Million+ Sq. Ft.
433,661
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Downtown Markham is one of the fastest growing regions in the Greater Toronto Area. With average household incomes north of $114,000 (in the 4KM radius), daytime population exceeding 1 Million (in the 12KM radius) and household growth nearing 20% in the last 7 years (in the 4KM radius), the DOWNTOWN MaRKHaM trade area represents an established, affluent and growing region.
DEMOGRAPHICS + FACTS CLOSE TO EVERYTHING
ONE OF GTA’S FASTEST GROWING POPuLATIONS
DAYTIME POPuLATION HIGHLY AFFLuENT TRADE AREA
PROXIMITY
TOTAL POPuLATION2013
HOuSEHOLDS2013
HOuSEHOLDS2006
HOuSEHOLDCHANGE2006-2013
DAYTIME POPuLATION2010
2010 AVERAGEHOuSEHOLD INCOME
TOTAL POPuLATION2006
DAYTIME EMPLOYEES 2010
2010 MEDIANHOuSEHOLD INCOME
POPuLATIONCHANGE2006-2013
PROXIMITY4 KM/2.5 M 4 KM/2.5 M
93,268 28,607
23,918
19.60
82,530
166,057 $114,096
127,625 $80,544
13.01
% %% %% %
535,134 166,968
148,524
12.42
494,957
469,446 $99,337
238,040 $72,865
8.12
1,132,554 379,671
331,836
14.42
1,027,081
1,014,180 $94,692
526,329 $68,070
10.27
8 KM/5 M 8 KM/5 M12 KM/7.5 M 12 KM/7.5 M
HOuSEHOLD GROWTH
900 5.5M 13.4M
The number of national corporate campuses in
Markham
The number of High Tech and life Sciences companies in Markham
The number of residents in the Greater Toronto area
The number of residents in Ontario
percentage of canadian within 1-day drive
of Markham
6MIN / 3KM / 2M
TORONTO ZOO
SHOPPES @DON MILLS
25MIN / 18KM / 11M
32MIN / 39KM / 24M
PEARSONINTERNATIONALAIRPORT
27MIN / 32KM / 20MUNION STATION
TORONTO CITY HALL
30MIN / 30KM / 18.5M
TORONTO ISLAND
WOODBINE
CITY AIRPORT30MIN / 24KM / 21M
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HWY 7
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MARKHAMCIVIC CENTRE
BAYVIEWVILLAGE
YORKUNIVERSITY
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“I see economic strategies all over the
world. This is certainly the tightest, the smartest and
the best one I’ve seen
– Dr. Richard Florida, OneofNorthAmerica’sforemosturbanexperts
”
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RETAIL DISTRICT Overview
RETAIL DISTRICT MERCHANDISING PLAN - Street level
Phase 1300,000 Sq. Ft. Fall 2013210,000 Sq. Ft. Spring 2014
Phase 2GTa ceNTRe Fall 2014220,000 Sq. Ft. Fall 2014275,000 Sq. Ft. Spring 2015
Phase 3290,000 Sq. Ft. Fall 2015205,000 Sq. Ft. Spring 2016
Phase 4240,000 Sq. Ft. Fall 2016260,000 Sq. Ft. Spring 2017
www.downtownmarkham.ca
FUTURERESIDENTIAL
TOWER
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Major retail
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Hotel
Cinema
MAY 04 2012 MERCHANDISING PLAN - STREET LEVEL
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MERCHANDISING PLAN - STREET LEVEL
RETAIL DISTRICT MERCHANDISING PLAN - Second level
PARKING
BuILDING GRADE uNDERGROuNDl +M 700 800J+K 350 250W+x 1100 1200N+Q 100 500O+T 100 300Other 150 790
www.downtownmarkham.ca
FUTURERESIDENTIAL
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SIMCOE PROMENADE - VIVA TRANSITWAY
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Hotel
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FUTURERESIDENTIAL
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DEVELOPMENT HIGHLIGHTS
GTA Centre CarouselCineplex Outdoor Museum
The 20,000-seat NHl sized, GTa centre will be the place to go for sports, concerts and community events in Downtown Markham. a bold, ambitious $325 Million project, the GTa centre is steps from transit, retail and delicious dining.
Downtown Markham is proud to present the first solar powered fine art carousel in the world. The carousel will be housed in a beautiful towering glass structure that will allow visitors to celebrate canada’s changing seasons in an unforgettable and whimsical fashion.
Taking the movie-going experience back to the days of decadence, the 62,000 Sq. Ft. 13-screen cineplex cinemas will feature UlTRa avx theaters as well as vIp theaters with licensed seat service for the 19+ crowd.
a stroll through any part of Downtown Markham will be a stroll through your very own outdoor museum. complete with an audio tour, the streets of Downtown Markham allow you to enjoy the seasons and the window-shopping while taking in unique art sculptures and original works of art at every step.
BBB architects
BuILDINGS L+M - Street level
RETAIL GRADE 80,000 Sq. Ft.RETAIL 2ND FLOOR 30,000 Sq. Ft.CINEPLEX THEATRE 62,000 Sq. Ft.OFFICE SPACE 90,000 Sq. Ft.PARKING BELOW GRADE 700 SpotsPARKING ABOVE GRADE 800 Spots
www.downtownmarkham.ca
ENTERPRISE BOULEVARD
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MAY 04 2012 BUILDINGS L & M - STREET LEVEL (NTS)
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BUILDINGS L & M - STREET LEVEL (NTS)
BuILDINGS L+M - Second level
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MAY 04 2012 BUILDINGS L & M - SECOND LEVEL (NTS)
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BUILDINGS L & M - SECOND LEVEL (NTS)
UNDERGROUNDPARKING
GROUND FLOOR
2ND FLOOR
3RD FLOOR
3RD FLOOR
2ND FLOOR
GROUND FLOOR
UNDERGROUNDPARKING
Offices
Major retail
Retail
Food retail
Entertainment
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ADDITIONAL DEVELOPMENT HIGHLIGHTS
Marriott Outdoor SpacesStreet Art Wall VIVA + GO Transit
With close to 50,000 new homes anticipated in or near Downtown Markham in the next ten years, we know that even still not everyone will be able to call Downtown Markham home. For everyone else, Downtown Markham can be home for a night or a week in Marriot’s luxury-boutique hotel. More than simply a place to rest your head, Marriott Downtown Markham will feature first rate conference facilities, spa and wellness treatments and more.
Featuring the work of talented street artists, the art wall will feature new artists throughout the years offering creative perspectives of social issues, current affairs and thought provoking topics in the form of bright, expressive, graffiti art.
Featuring more than 72 acres of natural and landscaped green spaces and connected to North america’s largest urban park system, Downtown Markham offers a multitude of outdoor adventures waiting to be experienced.
Downtown Markham is the place to connect with vIva rapid transit and GO Transit integrated seamlessly throughout the development. vIva’s rapid transit vehicles are roomy, comfortable and best of all, frequent, with current service running every 5 to 15 minutes. GO Transit makes connecting between the various GTa neighbourhoods a breeze.
BuILDINGS J+K - Street level
RETAIL GRADE 45,000 Sq. Ft.LIVE/WORK @ GRADE 9,700 Sq. Ft.RETAIL 2ND FLOOR 21,000 Sq. Ft.HOTEL 130,000 Sq. Ft.RESIDENTIAL (3 FLOORS) 355,000 Sq. Ft.PARKING BELOW GRADE 250 SpotsPARKING ABOVE GRADE 350 Spots
www.downtownmarkham.ca
FUTURERESIDENTIAL
TOWER
FUTURERETAIL
ENTERPRISE BOULEVARD
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SIMCOE PROMENADE - VIVA TRANSITWAY
ENTERPRISE BOULEVARD
SIMCOE PROMENADE - VIVA TRANSITWAY
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MAY 04 2012 BUILDINGS J & K - STREET LEVEL (NTS)
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MERCHANDISING PLAN - GROUND LEVEL
BuILDINGS J+K - Second level
www.downtownmarkham.ca
FUTURERESIDENTIAL
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MAY 04 2012 BUILDINGS J & K - SECOND LEVEL (NTS)
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BUILDINGS L & M - SECOND LEVEL (NTS)
www.downtownmarkham.ca
FUTURERETAIL
ENTERPRISE BOULEVARD
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MAY 04 2012 BUILDING W - STREET & SECOND LEVEL (NTS)
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BUILDING W - STREET & SECOND LEVEL (NTS)
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FUTURERETAIL
ENTERPRISE BOULEVARD
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MAY 04 2012 BUILDING W - STREET & SECOND LEVEL (NTS)
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BUILDING W - STREET & SECOND LEVEL (NTS)
BuILDING W - Street level BuILDING W - Second level
RETAIL GRADE 70,000 Sq. Ft.
RETAIL 2ND FLOOR 70,000 Sq. Ft.
RESIDENTIAL (BLDG) 170,000 Sq. Ft.
PARKING BELOW GRADE 500 Spots
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THE PLACE TO BE GREEN THE PLACE TO BE INSPIRED
Downtown Markham is North america’s largest development of leeD® certified buildings. Take heart that all 243-acres of Downtown Markham have been conceived with the environment in mind. add to that The Remington Group’s exclusive environmental Quality control (eQc) program, and you’ll see why we’ve already been awarded leeD® Gold status for many of our residential and commercial buildings.
The Remington Group and Downtown Markham understand that green commercial developments offer employees and customers alike better working and shopping conditions. Forget stale interior spaces and upgrade to natural light, solar power and fresh air.
Downtown Markham is so much more than homes, offices, shops and dining. It is an urban destination, with art at the heart of it all. Imagine your favorite museum transported outdoors; breathtaking sculptures on street corners, thought provoking art built right into the facades of buildings; even your very own art historian guiding you through it all.
Downtown Markham’s 72 acres of natural and landscaped green spaces are part of the largest urban park in North america making nearly endless opportunities to explore the outdoors while enjoying the sizzle of an urban center aglow with activity.
By investing in research of the best cities in the world, Downtown Markham is designed to capture movement, energy and excitement without being weighed down by traffic and congestion. Dedicated transit-ways means faster, smoother flowing streets. award winning vIva Rapid Transit and GO Transit are integrated throughout the site making Downtown Markham a green and accessible urban destination.
Downtown Markham is about creating memorable experiences. enjoy the thrill of your first carousel ride, falling in love in our art park, or re-kindling a romance while dining al fresco. Downtown Markham is the place TO Be INSpIReD.
www.downtownmarkham.ca
ABOuT THE TEAM
Steve Morris + Greg leopold, Asset Strategies Groupwww.consultasg.com | 614.212.5180
Nick lillo, Bianca Mano Corpwww.nicklillo.com | 317.580.0799
Denis Gervais, GH+A Designwww.ghadesign.com | 514.843.5812
Sheldon levitt, Quadrangle Architectswww.quadrangle.ca | 416.598.1240
Bev Ricks, Retail Property Solutionswww.retailpropertysolutions.com | 404.437.6131
Geoffrey Moore + Kathy pandell,Geoffrey L. Moore Realty Inc. 905.886.9471
To make Downtown Markham a triumphant success, The Remington Group has assembled a team of industry-leading experts.
11669 Victoria Ct.Carmel, IN 46033P 317-580-0799F 317-580-0722C [email protected]
NICHOLAS M LILLOPresident
Restaurant Real Estate ConsultingBianca mano corp
www.nicklillo.com
ABOuT THE DEVELOPER
For more than six decades, the name Remington has been synonymous with community Building throughout Ontario. Known as an ethical company by homeowners and tenants, community groups and business partners, The Remington Group also enjoys strong relationships with municipal, regional, and provincial governments.
By devoting itself to the ideas and practices that together define great communities, The Remington Group has emerged as the preeminent developer, interested not just with erecting buildings, but with bringing neighbourhoods to life. This commitment includes the development of recreational facilities, schools, hospitals, places of worship, and the parks and public spaces where residents take pride in their community, and where visitors feel at home.
“OneOfTheGreatestSuccessStoriesoftheYear”–NationalPost
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LEASING CONTACT INFORMATIONwww.downtownmarkham.ca
905.761.8200