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Almega, Brixen Developments partner to build condos near Downsview Park

Almega, Brixen Developments partner to build condos near Downsview Park

TORONTO — Brixen Developments Inc. and Almega Corporation have entered into a joint venture to build new condominiums.

The new midrise condominium building is located at 824 Sheppard Ave. W., rising above the Sheppard West neighbourhood.

The joint venture between Brixen and Almega will capitalize on each company’s unique capabilities in land entitlement, pre-development sales, construction management and property management, indicates a release.

The park is set for extensive development, along with the Sheppard West corridor.

The Sheppard West condominium project is the cornerstone of the new partnership between the two builders.

The Downsview Lands, adjacent to current Downsview Park, formerly the home of DeHavilland Aircraft and the Canadian Military, will become a nature-centred urban oasis for 85,000 residents.

The new city within the city will define the area and showcase modern urban planning with new streets, transit routes, bike paths, walking trails, green space and will all connect to area parks, transit stations, streets and neighbourhoods.

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