Construction begins at Vaughan's Vincent Condominiums
July 24, 2022
Ground has been broken for Vincent Condominiums, a 766-unit, two-tower condominium, following an eight-month selling program.
Vincent is among the largest condominium projects underway in the GTA. This makes the extremely fast market absorption notable, and a vote of confidence in the building, the developers and its location in the new Vaughan Metropolitan Centre.
Dynamic downtown core
“I am pleased to welcome Vincent Condominiums to the Vaughan Metropolitan Centre (VMC), the city’s dynamic downtown core,” says Vaughan Mayor Maurizio Bevilacqua. “The VMC continues to rise to new and unprecedented heights, growing well beyond projected growth rates, at 267 per cent. The heart of Vaughan’s downtown is home to several transformational projects, including the VMC Subway, highrise towers, and commercial office buildings, which have created thousands of jobs, public art projects and community event spaces.
“As a result, Vaughan is outpacing national, provincial and regional growth rates, with real GDP growth at seven per cent. Since 2010, the city has issued more than $15 billion in building permits and 70,000 additional jobs have been created. I want to congratulate the development team of Rosehaven Homes, Townwood Homes and Guglietti Brothers Investments, and express my sincerest gratitude for their meaningful city-building contributions. By making investments, creating jobs and giving back to the community, you are making a positive difference and demonstrating the spirit of generosity that radiates in Vaughan.”
Financial, innovation and cultural centre
Created by a development team comprising Rosehaven Homes, Townwood Homes and Guglietti Brothers Investments, each of these companies is owned by members of the extended Guglietti family, a group with a long history of building and development in Vaughan, and across the GTA. With Vincent, the project’s name, and the vision behind it, was more than business. Vincent is an expression of their family history.
Located near Jane Street and Hwy. 7, VMC is a new financial, innovation and cultural centre. Major corporations, retailers, small businesses and other industries are located in the VMC, as it is a major transit hub with direct subway connections to York University and downtown Toronto as well as VIVANEXT and local bus routes across Vaughan and Richmond Hill.
Left to right, Vaughan Mayor Maurizio Bevilaqua; Silvio Guglietti, principal of Guglietti Brothers Investments; and Vaughan Councillor Sandra Yeung-Racco.