First Gulf Breaks Dirt for FMC3
First Gulf broke ground yesterday on First Meadowvale Centre Phase 3 (FMC3), a four-storey, 100k SF building with space for over 700 workers. The project, a JV with Sun Life Financial, is seeking LEED Gold. Taking part in the dirt-turning festivities (from left): Sun Life Financial managing director Wayne Walton, First Gulf CEO David Gerofsky, Peel Region chair Emil Kolb, Ontario Transportation Minister Steven Del Duca; Mississauga-Streetsville MPP Bob Delaney; and Mississauga Ward 9 Councillor Pat Saito.
The FMC3 office campus (rendered above) will have direct link via a walkway—developed by First Gulf in partnership with Metrolinx—to the Meadowvale GO Transit station (just south of Derry Road). First Gulf chief David Gerofsky notes that developing new office and commercial projects around transit hubs has been a successful strategy for his firm across the GTA. Access to employment via transit is critical, he says, because it “enhances the efficiency of labour markets for both workers and employers.”