Toronto, January 14, 2021 – The purchase of the YMCA in Mississauga, Ontario by RGF (Mississauga) Developments Inc. (led by HBNG Holborn Group) was officially closed on December 15, 2020. The 4.5-acre property comprising both the YMCA building and adjacent parking lot, is ideally situated on the north east corner of Burnhamthorpe Rd. W. and Confederation Pkwy.
The future development of this signature property will take place over several phases and will potentially consist of multiple mixed-use towers atop of ground floor retail. This project is expected to be a statement addition to the City of Mississauga’s unique and burgeoning skyline.
By virtue of this exceptional location, future residents will enjoy access to not only world class shopping but also cultural amenities such as The Living Arts Centre and The Art Gallery of Mississauga as well as easy access to parks and conservation areas.
Ontario Premier Doug Ford was in attendance to mark the official start of the Mayfield West development project in Caledon, Ontario.
The residential portion of the development will create 7,600 new homes in the area as well as 550 new jobs. This development has been in the works since 2002.
RGF Real Estate Fund L.P. is partnered with Mattamy Homes on approximately 100 acres of land and 700 homes. Home builder Poetry Living of HBNG Holborn Group has been contracted as the official builder for RGF on this project and recently completed Phase 1 sales ahead of schedule.
A. D’Angelo, Joseph Maio and Claudio Memme of HBNG Holborn Group
are recognized by the Honourable Maurizio Bevilacqua
All funds raised will be directed to the Spirit of Generosity, which continues its meaningful support of over 150 not-for-profit and community organizations including children and youth groups, health care initiatives, seniors’ organizations and special needs programs. To date, more than $30 million has been raised through the Spirit of Generosity.
On Septembrer 25th, John A. D’Angelo, Giuseppe Maio and Claudio Memme of leading Canadian real estate investment company HBNG Holborn Group (HBNG) announced a $2-million gift towards the new Mackenzie Vaughan Hospital. This gift will help build the main courtyard with cascading gardens, designed for patients and families as an essential therapeutic space for recreation, socialization and respite.
“As we gain more knowledge around the delivery of health care, there is an understanding that a holistic approach, one that also recognizes mental and social factors in addition to the physical symptoms of a disease, leads to better outcomes,” shared John, Giuseppe and Claudio. “It is our hope that with this gift we can help contribute to the well-being of not only patients but also their families.”
On July 16, 2018 RGF Real Estate Fund L.P. finalized the purchase of 348, 350, 352 and 354 Yonge Street, Toronto and secured the air rights above 356 Yonge Street. This constitutes a strategic addition to the previously acquired three-storey “heritage” office building at 8 Elm Street. The current designation is mixed-use in the City of Toronto’s Official Plan and ideally located just north of the Yonge and Dundas intersection.
This site is considered a prime location for a high-rise development.
This project has been purchased in partnership with Muzzo Group, one of Canada’s most diversified developers and builders.
UPDATE: The purchase of The Country Club Golf Course ranked as one of the ten largest in the GTA for 2017.
The purchase of The Country Club Golf Course in Woodbridge led by the RGF Real Estate Fund L.P. was officially completed on May 3, 2017. The 290-acre property is a coveted parcel of prime land along the Humber River within the exclusive community of Woodbridge in Vaughan. The potential area for development is approximately one third of the acreage.
Clubhouse Developments Inc. plans to create a residential enclave with a blend of family homes and a significant amount of green space accessible to the community.
RGF President John A. D’Angelo says, “Low-rise housing inventory is down 65% year over year in the GTA. With this shortage and an 8% population increase in Woodbridge alone in the last five years, this rare land opportunity can help fulfill the growing need for desirable housing in Ontario.”
Future residents can look forward to life in the thriving community of Woodbridge, with excellent schools, business and employment opportunities; exceptional shopping, restaurants and entertainment; and easy access to the great outdoors in parks and conservation areas.
Development is not slated to commence immediately. Current status of development can be found at countryclubvillageplan.com