Mississauga Is Getting A $50M Park And Community Centre

A brand new park and community centre are coming to Mississauga, with an expected completion date of late 2020 or early 2021. The $50 million dollar project will be located at 5320 Ninth Line, between Highway 407, Sixteen Mile Creek and the Churchill Meadows community.

The development will see an all-seasons sporks park, outdoor amenities, natural areas and the upcoming Churchill Meadows Community Centre. Inside the centre, there will be a “triple gymnasium, indoor pool, warm water therapeutic tank, multi-purpose spaces, a teaching kitchen and change rooms,” according to Insauga.com.

READ: Hurontario LRT Already Igniting Development And Growth In Mississauga

On Mondays, city staff gathered in a committee room to discuss the city’s proposed 2020 Budget, which included plans for this project. In addition to the development, attendees learned that there may be a 3.84 per cent increase on the 2020 residential property tax bill. Overall, Mississauga has a $926.1 million operating budget for the year to come, including increased MiWay service hours.

This project aims to be an exciting addition to a growing neighbourhood, bringing in new opportunities for work and play. From year-round recreational activities to neighbourhood amenities, locals will benefit significantly.

As a major development, this project could bring increased real estate opportunities to the area. Mississauga is currently one of the hottest housing markets in the GTA according to a recent Toronto Real Estate Board report. In addition to having a shortage of housing, Mississauga currently also has the fourth highest rental rate nationally for a one-bedroom apartment.

It’s estimated that up to 50 new condo buildings will be build in Mississauga over the next 10 years.

More from Deidre Olsen

Bank of Canada Keeps Rates Steady Amidst Escalating Trade Conflict

Today, the Bank of Canada announced that it will keep its rates...
Read More