Choice Properties Real Estate Investment Trust announced a new partnership with The Daniels Corporation (“Daniels”) to revitalize and redevelop Phase One of its 19-acre Golden Mile Shopping Centre at 1880 Eglinton Ave. E, Toronto, adjacent to the new Eglinton Crosstown LRT. The partnership will see the two industry leaders transform the 67-year-old shopping centre into a mixed-use, mixed-income, multi-generational and transit-oriented community. Phase One will include two condominium towers, a purpose-built market rental building, ground floor retail uses, institutional uses and office spaces. All of these uses will surround a pedestrian mews that will create a vibrant new gateway to the Golden Mile community. The 280-acre Greater Golden Mile area, which will become home to 40,000 new residents over the next 20 years will be largely supported by the Eglinton Crosstown LRT. This significant public investment is an opportunity to drive both a physical transformation as well as a multi-sector collaborative approach to inclusive development. Choice Properties and Daniels are poised to kick-start this transformation through the introduction of the Golden Mile Community Innovation District. Working hand-in-hand with community organizations, Local Councillor, financial and post-secondary educational institutions, the Community Innovation District will bring together the wisdom, expertise and best practices of all stakeholders. Among the collaborators are the University of Toronto Scarborough (“UTSC”) and Centennial College. UTSC will be creating a physical home in Phase One for an innovative, collaborative, and integrated college-community-university partnership - the Communiversity. Through this unique concept of the Communiversity, UTSC and Centennial College would work with community partners to enhance access to post-secondary education, foster co-learning opportunities, and facilitate the co-creation of sustainable and inclusive communities. The UTSC Institute for Globalization, Transnationalism and the Advancement of Resilient and Inclusive Suburbs and Economies (GTA-RISE) will serve as an intellectual hub where faculty, staff, students and community members will explore issues and share ideas that stimulate inclusive cultural and socio-economic development. Centennial College has a rich history of supporting the Scarborough community, including the Golden Mile area, with its Ashtonbee Campus which opened in 1968. The Campus currently serves close to 5,000 students each academic year and is home to the School of Transportation (one of the automotive training centres in Canada), as well as programming from the School of Community and Health Studies. Centennial will partner with UTSC’s Communiversity to create program pathways and unique training opportunities to support the vision of the Community Innovation District. Additional Innovation District collaborations include a 9,000 square foot BMO branch, representing a for financial services for the Greater Golden Mile community. This branch will serve as a hub for helping entrepreneurs finance new businesses, assisting customers with growing their financial literacy, and connecting members of the community with the financial products and services that enable them to make real financial progress. Choice Properties is a leading Real Estate Investment Trust that creates enduring value through the ownership, operation and development of high-quality commercial and residential properties. Choice Properties believes in creating healthy, resilient communities and being a long-term partner to the tenants and communities it serves. Daniels is a recognized ‘city builder’ and industry leader with over 37 years developing communities and homes for people of all ages and income levels. This collaboration with Choice Properties will leverage best practices from Daniels’ fifteen years of experience leading the Regent Park Revitalization. This is the second development partnership between Choice Properties and Daniels. The first joint venture community is under construction at the Mount Pleasant GO Station in Brampton. Called MPV, this transit-oriented community is comprised of a 25-storey market rental tower, and 147 condominium suites and townhomes that will be going on sale in fall 2021.