Ahmed Group shares plans for Mississauga rental development

Monday, July 4, 2022

The Ahmed Group has shared plans for a new rental housing development it intends to build at 1000 and 1024 Dundas Street East in Mississauga. If given the green light, the two-tower project will bring 462 rental units to the area, which is lacking in much-needed supply.

Designed by WZMH Architects, the walkable, transit-oriented community will offer a mix of unit sizes, ample green space, improvements to the public realm, community space, an urban farm, and ground-level commercial space for retail and office-use. The Ahmed Group is currently involved in the development of over 1,500,000 square feet of new purpose-built rental construction across Ontario.

“Our city is richly diverse, inclusive, vibrant and growing. It is clear people want to live, work and play in Mississauga,” said Moe Ahmed, President and CEO of Ahmed Group. “My father came to this country as an immigrant to chase his dreams and raise his family here. I was born in Toronto, raised in Mississauga and have never left. My wife and I are proud to live in Mississauga with our families. We want more families, seniors, students and young professionals to have the opportunity to reside here.”

Mississauga is home to more than 717,000 residents, thousands of businesses, 60 Fortune 500 offices, the University of Toronto’s Mississauga campus, Sheridan College, Pearson Airport and much more. With vacancy rates in Peel at an all-time low and the demand for housing at an all-time high, the announcement of the Ahmed Group’s proposed development is welcome news.

“We’re in the midst of a housing supply crisis here in Peel, and frankly all over the province. We see this proposed development of our properties at 1000 and 1024 Dundas as a logical step in doing our part to help tackle the lack of housing availability,” Ahmed said. “Few places have been more impacted by the housing crisis in this country than the GTHA and the Ahmed Group is dedicated to providing quality rental options.”

Advancing the City of Mississauga’s vision

The Ahmed Group’s proposed development comes after a series of important steps taken by the City of Mississauga, the Region of Peel, and the Province to guide future urban growth and intensification of the region.

In June 2018, Mississauga City Council endorsed the Dundas Connects Master Plan to establish a vision for the Dundas Street Corridor, supporting major improvements to transportation, sustainable transit-supportive development, intensification, and the public realm along the 19.5-kilometre corridor of Dundas Street.

In March 2022, the federal, provincial and municipal governments committed $675 million to support three transit initiatives in Mississauga, including the Dundas bus rapid transit system (Dundas BRT) that will run through Mississauga connecting Toronto to Oakville. In addition to the BRT, Mississauga will build the Hurontario Light Rail Transit (LRT) which will connect with the Dundas BRT, creating north-south and east-west transit connectivity across the rapidly growing region. Shortly after, the Region of Peel voted to approve its Official Plan to 2051, expanding the Region’s urban boundary—the area within which landowners and homebuilders are allowed to submit applications for development.

“We are encouraged by the steps that the City, the Region of Peel, and the Province have taken to address the need for more residential housing, mixed-use transit-oriented developments, walkable communities and greenspace,” Ahmed said. “Ahmed Group is committed to creating projects that support the City and Region’s vision and serve as a catalyst for transformative change in Mississauga’s Dundas East community.”

For more info, visit: Ahmed Group – Building a better tomorrow.

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