I am extremely excited to let you know about a great new project coming to Richmond Hill in Fall. This project, by Great Lands Corporation (builder of Mona Lisa, Monet, Altamont, etc.), is one of the largest condominium projects in the GTA. “The Beverly Hills”, to be built on Yonge Street, south of Sixteenth Avenue, is planned as an upscale, resort development, which will incorporate, for the first time in Richmond Hill, a “woonerf” street with ground floor shops, four towers and associated podiums above.
FYI, “woonerf” is a European style landscaped road shared between cars and pedestrians, without any asphalt or curbs, but rather uses patterns in the interlocking stones and landscaping to define pathways, on-street parking and driving areas.
Even greater news is that these luxury buildings will be affordable to the average consumer or first time buyer, as the Developer will be capping the down payment at only 15% spread over two years, plus 5% on occupancy. That is simply fantastic.
The 4 condominium towers will be ranging in height from 11 to 24 storeys (apx.) with retail and service commercial uses at grade facing Yonge Street, containing over 900 dwelling units, and approximately 14,000 square feet (apx.) of retail and office space.
The Town of Richmond Hill and Region will also be benefiting from the development, as Great Lands will be dedicating a portion of its land for a new public neighbourhood park, and easement for the planned subway route and nearby station. Great Lands has estimated the development will provide over two million man hours of work for the local economy, and over $25 million in levies, parkland, and fees to Richmond Hill, York Region and the school boards.
To be FIRST in line for VIP pricing, access to floor plans, and other VIP incentives, please contact me to be placed on my list. Thank you.