Times Group Unveils Uptown Markham

MARKHAM, ON, CANADA, April 10, 2011 (Press-News.org) Times Group Corp. today revealed Uptown Markham, a magnificent master-planned community stretching along a prime 88-acre parcel of land within the confines of the spectacular Rouge River Valley, south of Highway 7 in Markham. One of Canada's largest new residential condominium developments, the $2-billion family friendly community will be built to the highly efficient LEED Gold Standard and is in line with the Ontario government's Places to Grow initiative to build communities that support economic prosperity while achieving a high quality of life.

"With Uptown Markham we are once again raising the bar, strengthening our green commitment to the environment as well as to our purchasers," said Times Group Marketing Director Elmar Busch, noting that close to 50 acres of the breathtaking site will be preserved, including natural parkland, bike trails and the Rouge River Valley.

In designing Uptown Markham, Times Group collaborated closely with the Town of Markham to ensure adherence to principles of sustainability, environmental preservation and smart growth. The result is a legacy community that is expected to positively impact the area for years to come.

"Uptown Markham will significantly contribute to the continued growth of Markham as a leading economic and high tech community," said Markham Mayor Frank Scarpitti, who was on hand for the unveiling and noted that every residence within Uptown Markham will be within 200 metres walking distance of public transit. "It is a well-planned and sustainable community that is a significant part of our vision for Markham Centre," added Mayor Scarpitti.

Located along Highway 7 between Warden Ave. and Birchmount Rd., the project will eventually house 4,500 residential condominium units and 550,000 square feet of commercial space, including an initial 150,000 square feet at "Uptown Square" and a further 400,000 square feet of commercial and office space at the corner of Highway 7 and Warden. Coinciding with today's announcement is the opening of the Uptown Markham sales office at Majestic Court, 60 South Town Centre Boulevard in Markham.

The first phase of Uptown Markham is River Park, a grouping of two high-rise and one mid-rise condominium residences that are European styled, energy efficient, maintenance-free and affordable with prices ranging from $240,000 to $600,000. Pre-sales to VIP clients have already started in Buildings B and C, with Building A to be released shortly.

"Seeing is believing when it comes to River Park," said Busch. "To my knowledge, we are one of the first builders in Canada to provide an indoor/outdoor pre-school play centre where children aged 2-6 can socialize with other children while supervising parents socialize with other parents."

Two stunning full-sized models are now available for viewing at the newly opened sales centre. Additional amenities will include a party room, gourmet kitchen and bar, indoor swimming pool and sauna, fitness facility and yoga studio, business centre, theatre/screening room, billiards and card room.

Also among the first buildings to be built is Uptown Square, a European-style commercial plaza in the heart of the community that will be home to close to 15 vendors. Scheduled for opening prior to the completion of River Park, Uptown Square will house a top class super market, bank, coffee shop, boutique stores and more.

"A key part of our environmental commitment is to ensure that Uptown Markham residents can enjoy all of the comforts of life in a natural paradise," said Busch. "This is a master-planned community that creates a healthy environment for families while promoting a strong conservation culture at the same time."

For more information about Uptown Markham, visit http://www.uptownmarkham.com.

ABOUT TIMES GROUP CORPORATION
Times Group Corp. is one of Canada's most respected names in real estate development. The company has earned numerous design awards while committing itself to fully LEED standards of green design that reflect its environmental conscience and commitment. Founded in 1985, the company is currently considered the premier developer in Richmond Hill and Markham.

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Media Contact: Mark Wessel, Bullpen PR, (705) 445-2733, mwessel@bullpenpr.com