Real Estate

Hudson Yards Developer Plans One of Canada’s Biggest Projects

  • Oxford preparing $2.7 billion makeover of Toronto’s skyline
  • Plans call for park over rail yard, offices and apartments
A rendering of the Union Park development.Source: Oxford Properties
Lock
This article is for subscribers only.

Oxford Properties Group is planning a C$3.5 billion ($2.7 billion) development in downtown Toronto that would be one of Canada’s biggest real estate projects.

The property arm of pension fund OMERS aims to build a 4.3 million-square-foot, mixed-use complex on a 4-acre site that’s just north of Toronto’s Rogers Centre and CN Tower. The development, called Union Park, is the largest ever for Oxford outside of Manhattan’s Hudson Yards, the $25 billion project it’s co-developing with Related Cos.