Canada-based real estate company Dream Unlimited has broken ground on C$2.5bn ($1.86bn) Alpine Park, a mixed-use scheme in Distillery District, Toronto.
The move follows the award of the final construction contract by the province for the completion of the last phase of the Southwest Calgary Ring Road, which is said to be the pivotal access for the project.
The 4,400-acre Alpine Park green-field development was initially planned more than two decades ago.
The first phase of the project includes the development of 120,000 ft2 of retail space and 1,276 residential units. The Alpine Park scheme is designed by HDR/Calthorpe and its partner architect Civitas.