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
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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.