2023 Spring Issue - 60

The Pride of Canada
Carousel was built of
recycled or salvaged
materials gathered from
across Canada, and each of
its riding figures-including
a moose, a hockey skate,
and a crab-symbolizes
Canadian life.
certified buildings, a commitment Remington made
from the outset-giving Downtown Markham a
density that will rival that of downtown Toronto. The
development is powered by district energy, which
reduces community emissions by 50 percent, Remington
says. The area also has been designated as a
regional transit hub, with the refurbished Unionville
GO rail station on its eastern flank and a Viva bus
rapidway traversing the site.
Peddigrew points to the neighborhood's condohotel-an
increasingly common built form in urban
cores, but an absolute rarity in suburbia-as a case
study in the challenges and benefits that come with
building mixed-use development in a nowhere geography.
The design combined a 200-room hotel with
a 300-unit condo development and multiple retail
storefronts, which led to negotiations over who would
be responsible for maintenance of the site's underground
parking.
" The condo owners say it should be the hotel,
and the hotel says it should be the retailers, " says
Peddigrew. When another condo tower, K2, goes up
next door, it will use the same driveways, ramps, and
parking garage as the condo-hotel. " We are being creative
with easements and spreading the costs of that
parking facility across as many users as possible, "
he says.
Financing was another sticking point. " Remington
is not a specialist in retail, so we don't have a
60
URBAN LAND SPRING 2023
stable of companies who will sign leases with us on
spec, " he says. " That led banks to say they wouldn't
finance the retail portion of the building. " Remington
financed the retail segment itself, as it has done
for all its mixed-use buildings to date. Peddigrew
is hopeful that the municipality will be able to help
finance retail space in the future when banks will not.
Regardless, today the building is fully leased and
occupied, home to the Toronto Marriott Markham
and a Ruth's Chris Steak House as well as a selection
of shops owned by local entrepreneurs, such as
the Patisserie Fleur pastry shop and the Thai fusion
restaurant Lanna-the kind of mix that makes Downtown
Markham a unique destination rather than a
franchise arcade.
Downtown Markham even features a flash of Parisian
whimsy: a public carousel. Named the Pride of
Canada Carousel, the solar-powered attraction is a
$30 million piece of public art created by Canadian
junk-art sculptor Patrick Amiot. " We eventually plan to
develop that location, but when we do we'll have to
find a new home for the carousel, " says Peddigrew.
" It's incredibly popular. "
Record Immigration Growth
In the years since Remington broke ground on Downtown
Markham, numerous other Toronto developers
have mimicked the company's transformation
from suburban low-rise expert to vertical community
COURTESY OF BDP QUADRANGLE/THE REMINGTON GROUP

2023 Spring Issue

Table of Contents for the Digital Edition of 2023 Spring Issue

2023 Spring Issue - Cover1
2023 Spring Issue - Cover2
2023 Spring Issue - 1
2023 Spring Issue - 2
2023 Spring Issue - 3
2023 Spring Issue - 4
2023 Spring Issue - 5
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2023 Spring Issue - Cover3
2023 Spring Issue - Cover4
https://www.nxtbook.com/urbanlandinstitute/UrbanLand/2024-fall-issue-of-urban-land
https://www.nxtbook.com/urbanlandinstitute/UrbanLand/-2024-summer-issue-of-urban-land
https://www.nxtbook.com/urbanlandinstitute/UrbanLand/2024-spring-issue-of-urban-land
https://www.nxtbook.com/urbanlandinstitute/UrbanLand/2024-winter-issue-of-urban-land
https://www.nxtbook.com/urbanlandinstitute/UrbanLand/2023-fall-issue-of-urban-land
https://www.nxtbook.com/urbanlandinstitute/UrbanLand/2023-summer-issue-of-urban-land
https://www.nxtbook.com/urbanlandinstitute/UrbanLand/2023-spring-issue
https://www.nxtbook.com/urbanlandinstitute/UrbanLand/2022-winter-issue
https://www.nxtbook.com/urbanlandinstitute/UrbanLand/2022FallIssue
https://www.nxtbook.com/urbanlandinstitute/UrbanLand/2022-summer-issue
https://www.nxtbook.com/urbanlandinstitute/UrbanLand/2022-spring-issue
https://www.nxtbook.com/urbanlandinstitute/UrbanLand/ulm-winter-2022
https://www.nxtbook.com/urbanlandinstitute/UrbanLand/summer-issue-2021
https://www.nxtbook.com/urbanlandinstitute/UrbanLand/uli-spring-2021-issue
https://www.nxtbook.com/urbanlandinstitute/UrbanLand/ULIWinter2021
https://www.nxtbook.com/urbanlandinstitute/UrbanLand/URBANLANDFALL2020
https://www.nxtbook.com/urbanlandinstitute/UrbanLand/URBANLANDSUMMER2020
https://www.nxtbook.com/urbanlandinstitute/UrbanLand/URBANLANDSPRING2020
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