District is within Lakeview Village in the city of Mississauga, a 177-acre mixed-use waterfront community, and aims to become the largest hub for technology, innovation and research in Canada.
An innovation district within the Lakeview Village smart city development in the Canadian city of Mississauga is aiming to bring 9,000 long-term jobs and top technology talent to Ontario’s Innovation Corridor.
Lakeview Community Partners (LCPL), the developer behind the 177-acre mixed-use waterfront community, said its innovation district aims to become the largest hub for technology, innovation and research in Canada.
LCPL said that job creation within higher-paying, knowledge-based sectors that draw and keep talent continues to be important to the economic recovery of Mississauga and the surrounding region, along with a variety of housing options to address the supply crisis.
“We believe that an investment in infrastructure is an investment in talent, industry and business”
Bringing more than 8,050 units of diverse housing to the region and an anticipated 9,000 long-term jobs in partnership with the City of Mississauga’s Economic Development Office, Lakeview Village believes it is well-positioned to deliver on these key priorities.
Centrally located within the region’s Innovation Corridor and integrated into the broader Lakeview Village community, the Lakeview Innovation District builds upon the community’s sustainable foundation to create an ecosystem that facilitates collaboration, research and innovation with the potential to compete alongside the top technology hubs in the world.
LCPL is exploring leading green technologies which would be used for the first time in Canada at scale to power the district and broader Lakeview Village community.
By creating an open-innovation ecosystem, the district plans to transform land that was once occupied by the Four Sisters coal plant into “a living, breathing green space” with the opportunity for use and development of sustainable technology solutions focused on energy, waste and water industries.
It offers 1.9 million square feet for office space, tech and research facilities and employment, 20 acres for campus, culture and innovation and more than 200,000 square feet for new retail and restaurant opportunities. It is also connected to the broader pedestrian, transit, and bike networks and located close to Canada’s largest airport, Pearson International, and sited only 19km away from Billy Bishop Toronto City Airport.
“We believe that an investment in infrastructure is an investment in talent, industry and business,” said Brian Sutherland, vice-president of development, Argo Development Corporation and development lead for Lakeview Village.
“With flexible office space, co-working space, and state-of-the-art facilities, the Innovation District is not only integral to our vision for the future of the community, but a critically important element that supports the growing city of Mississauga, the broader region and Canada at large.”
“The Innovation District is deeply important to Mississauga’s economic recovery and future prosperity”
Collaboration has been central to the strategy behind the Innovation District’s design, with open concept co-working spaces, flexible office use and event spaces available to innovators to work together and connect with investors, experts and potential partners from around the world.
“The Innovation District is deeply important to Mississauga’s economic recovery and future prosperity – it will stimulate the economy and bring meaningful new employment opportunities, positioning Mississauga as a competitive, global hub for business, right on the waterfront,” continued Sutherland.
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How will the innovation district create 9,000 long-term jobs in Ontario?What green technologies will power the Lakeview Innovation District sustainably?How does the district integrate with existing transit and pedestrian networks?What types of flexible office and co-working spaces will be available?How will diverse housing options address the regional supply crisis?