CPPIB is about to develop a Toronto Christie property


“First Capital (FCR-T) and Canada Pension Plan Investment Board (CPPIB) each contributed $26 million to acquire the former site of a Christie cookie-making facility from Mondelez Canada in 2016.

CPPIB is about to develop a Toronto Christie property

The proposal includes one million square feet of retail, restaurants, neighborhood services, office and commercial opportunities, and six million square feet of residential space, with a range of housing options. It is anticipated business at the development will employ up to 3,500.

The proposal also includes a new GO station, on-site Toronto Transit Commission (TTC) bus and streetcar service, and a significant investment in road, cycling and pedestrian infrastructure. Discussions are ongoing with Metrolinx regarding the proposed GO station.”

Read the full article by Steve McLean for Renx.ca

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