Phase 1 of VANDYK’s Master-Planned Development Breaks Ground
Etobicoke, Ontario – October 26, 2016 – Six gold ceremonial shovels dug into the soil at 150 Berry Road on Thursday, October 20th, marking the commencement of construction of The Shoppes at Stonegate, a new 32,000 sq.ft. two-storey retail building being developed and constructed by VANDYK group of companies.
Located at the corner of Berry Road and Stephen Drive in the Sunnylea-Stonegate community of south Etobicoke, The Shoppes at Stonegate will be the retail anchor of VANDYK’s master-planned redevelopment, Backyard Neighbourhood Condos, which launched with much interest and success earlier this year.
The groundbreaking ceremony was held on the property where over 70 people attended the catered celebration, including VANDYK staff members, tenants and trade partners as well as purchasers of The Humberside, the first residential building in the Backyard Condos community, which is now over 80% sold.
The community has been anticipating the start of construction at this historic site, which in its heyday was a neighbourhood plaza and community hub for area residents. VANDYK purchased the property when it was made available in 2013 and after much consultation with the City and community, created a vision to reintegrate a new and improved anchor to the community that would include local shopping, medical services and housing.
The first group of key stakeholders to hold the gold shovels were John C. Vandyk; President & CEO of VANDYK, Justin Di Ciano; Ward 5 City Councillor, Peter Milczyn; MPP Etobicoke-Lakeshore, Domenic Zita; Executive VP at VANDYK, Richard Ma; Chief Financial Officer at VANDYK, and Sherman Chan; VP of Acquisitions and Development at VANDYK.
Left to right: Domenic Zita, Richard Ma, Justin Di Ciano, Vanessa Vandyk, John C. Vandyk, Peter Milczyn, Sherman Chan
Mr. Vandyk shared some words about the significance of this milestone celebration, saying “This is a momentous occasion, not only for VANDYK group of companies but for the long-standing Sunnylea-Stonegate neighbourhood. It’s the start of something really special for this community.”
The Shoppes at Stonegate offers ground level retail units starting from 1,200 sq.ft. Already leased on the ground floor is IDA Pharmacy & Clinic as well as the Berry Road Food Co-op, an initiative highly endorsed by Councillor Di Ciano and MPP Milczyn. The Berry Road Food Co-op, lead by a volunteer Board of Directors, is a not-for-profit food grocer that will focus on providing local and affordable food options to the surrounding community.
“I’ve been a member of the Sunnylea community and a resident of this area for almost 25 years,” says Armand Conant, Secretary and Board Member of the Berry Road Food Co-op. “The Berry Road Food Co-op in a nutshell represents a tremendous opportunity for the local community to get quality products at an affordable price. It’s going to be more than just a grocer, it’s going to be a grocer for the people.”
The food co-operative is an anchor tenant to The Shoppes at Stonegate, along with the Stonegate Community Health Centre (SCHC), which has leased the entire second floor of the building. The food co-op and SCHC will be working together to bring healthy, accessible food options and wellness programming to the area.
“The Stonegate Community Health Centre has been in the community for 26 years providing a full range of health care to the community,” says Beverly Leaver, Executive Director of the Stonegate CHC. “We’re really excited about moving into our new home at The Shoppes at Stonegate because it will give us a chance to have a health centre that is the size that we need it to be. We will be able to offer medical care to far more people.”
VANDYK has received great interest and The Shoppes at Stonegate is over 90% leased. Tenant occupancy is expected for summer 2017. Interested tenants can inquire about availability in this exciting new retail leasing opportunity by contacting Domenic Zita at 905-823-4606. For more information, visit vandykretail.com.