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Recently Wastell Homes announced a 94 condominium townhouse development will be built at Meadlowlands Way and Callaway Road, near the Tricar Group project.

In 2018, Corlon Properties said it was bringing more than 100 hectares of land around Sunningdale Golf and Country Club, between Richmond Street and Wonderland Road to market for development during several years.

Tricar and Wastell bought land from Corlon and there are several vacant blocks of land remaining for more development, said Pease.

“The prevailing character of these developments is orientation to the street and that is great to see. It creates a walkable street, a more lively, animated street.”

In addition, Domus Developments is in the final stages of site plan approval for a four-storey residential tower at 200 Callaway Road.

“It is a pretty unique area. The residential demand is amazing,” said Pease.

The Tricar Group towers will see one-bedroom and den units costing more than $400,000 but larger, penthouse-style condominiums will cost about $1 million.

“The buildings with fewer units may be more high end. They will all be of a certain quality with excellent finishes. We think this is one of the best locations in the city,” said Carapella.

“It’s a little more boutique. There will be a lot of stone and brick. We want them to complement the area. It will be fabulous.”

Tricar has been busy in the area. It has two 14-storey towers on Sunningdale Road west of Richmond Street, and has approval for a 15-storey building on North Centre Road, just east of Richmond, in Masonville.

The North Centre road development has about 200 units and features an L-shaped design that steps down to 12 and eight-storey buildings.

“We are seeing a lot of mixed style of housing in that area now. There has been low density (single-family homes) and now high density and that mix is highly desirable,” said Coun. Josh Morgan, who represents the area.

“There is a need for this.”

There also is zoning for a “commercial node” at Sunningdale and Richmond that will see office and commercial use to service the growing population in the area, he said.