Ontario – September 26, 2019 – Starlight Investments (“Starlight”) was honoured to welcome Minister Steven Clark of the Ministry of Municipal Affairs and Housing on September 24, 2019 at Starlight’s newest purpose-built rental development located at 2465 Hurontario Street in Mississauga, Ontario. During his remarks, Minister Steve Clark announced Ontario’s intention to modernize services which are intended to expedite and simplify the new development process in Ontario (read more about the announcement (here).
The Hurontario project is one of more than 40 development projects currently planned by Starlight and is comprised of below and above grade construction totaling six stories, 62,000 square feet and 80 new apartment residences in the City of Mississauga. The project is expected to be completed in the summer 2020.
“Starlight is committed to helping solve the Canadian housing crisis caused by the imbalance between supply and demand. We are honoured to have been a part of this exciting announcement benefiting the community and the multi-family development landscape. Thank you to the Ministry of Municipal Affairs and Housing for including us,” stated Daniel Drimmer, Starlight’s President and Chief Executive Officer.
About Starlight Investments
Starlight Investments is a privately held Toronto-based, full service, multi-family and commercial real estate investment and asset management company driven by an experienced team of over 200 professionals. The company currently manages over $11.0 billion of direct real estate as well as real estate investment securities. Investment vehicles include institutional joint ventures, True North Commercial REIT, Starlight U.S. Multi-Family Funds and Starlight Capital Funds. Starlight Investment’s portfolio consists of approximately 36,000 multi-residential units across Canada and the U.S. and over 6.2 million square feet of commercial properties. Please visit us at www.starlightinvest.com and connect with us on LinkedIn at www.linkedin.com/company/starlight-investments-ltd-
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