The Gupta Group has announced plans to launch ICONA Condominiums in Vaughan, Ont. At 51 and 53 storeys, the taller of the two buildings will become Vaughan’s tallest tower. The development is set to house about 1,140 units and include 20,000 square feet of retail space at the base.
ICONA will be located east of Hwy 400 on Hwy 7. The development will be right at home in the downtown Vaughan region, which is rapidly evolving with shops, restaurants and retail, including the addition of the Vaughan Metropolitan Centre (VMC). ICONA Condominiums will be closely located to the future Vaughan Metropolitan Subway Station, connecting this region to downtown Toronto. It will also be accessible to major highways.
“We are well aware of the incredible potential of this region as our hotel development company, The Easton’s Group of Hotels, owns three successful hotels in Vaughan,” said Steve Gupta, chairman and CEO of The Gupta Group, in a press release. “The size of this project will make it an instant icon in Vaughan and we are proud to be able to contribute to the already phenomenal growth of this area.”
The Gupta Group brought on Page+Steele/IBI Group to complete the architectural design for ICONA Condominiums, while interiors will be designed by Studio Munge.