Oct 29, 2009
Mississauga City Council yesterday
approved the Lease Agreement for a Sheridan College campus in the heart of the City
Were excited that Sheridan will be
our partner in building a state-of-the-art post secondary institution and an integrated
community park in our downtown, said Mayor Hazel McCallion. This is a plan
and partnership that brings our Strategic Plan and
our City Centre to life.
In its first phase of development,
Sheridans Mississauga campus will accommodate 1,760 students when it opens in fall
2011. An additional 3,740 students will follow in Phase Two bringing the potential
student enrolment total to 5,000.
Our City Centre is the ideal location for
a college or university. We look forward to Sheridan College participating in new and
innovative plans to inspire and connect youth to our City, and help our businesses and economy
grow, said Ward 4 Councillor Frank Dale. This partnership with Sheridan also
advances the Citys Downtown21 Plan which will
create vibrant, pedestrian-friendly urban places in the Citys core.
According to the Citys Master Plan, a
conceptual representation of proposed development on the 3.46 ha (8.55 ac.) property just north
of the Living Arts Centre, the site includes approximately 1.07 ha (2.65 ac.) of new
parkland. The plan will be used to prepare the detailed site plan and development
According to the Council Report, the Lease
Agreement for Phase One grants Sheridan a 99-year lease to construct a post-secondary education
facility on 0.45 ha (1.11ac.) of the property, with an option to develop Phase Two on 0.74 ha
(1.84 ac.) within 10 years from the opening of the Phase One building. The City and
Sheridan also reached agreement on sharing costs to service and develop the property as well as
the construction and operation of two municipal parking lots with at least 352 parking
This is a unique partnership that resulted
from a close collaboration between the City and Sheridan staff who share our vision for
expanding education opportunities and bringing a new vibrancy to our downtown, said City
Manager and CAO Janice Baker. This will be the first of many new options for youth,
new immigrants and others to pursue their education in Mississauga as we continue to bring more
post-secondary institutions to our City to meet our strategic plan objectives.
For more information about the Citys new
Strategic Plan, go to www.ourfuturemississauga.ca
As Canadas sixth largest city, Mississauga
is home to 730,000 residents and 55,000 businesses, including 61 Fortune 500 companies with
Canadian head offices or major divisional head offices. A diverse, progressive and
award-winning municipality located on the shores of Lake Ontario in the heart of the Greater
Toronto Area (GTA), Mississauga prides itself on enhancing its citizens quality of life
by providing superior services, revitalizing its infrastructure and conserving the environment.
Mississaugas commitment to innovation, operational excellence and fiscal responsibility
reflects the Citys motto: Leading Today for Tomorrow.
Senior Communications Advisor, Community Services
Phone: 905-615-3200 x5051