Made for Modern Living

This is a long-term project with many phases and we are in the early stages of the planning process. Our aim is to deliver the community benefits in the first phase of the project. A construction plan will be developed as part of the planning process. We'll work with the Town of Oakville and Oakville Transit to help deliver the hub as soon as possible. The 407 Transitway Station is a Metrolinx project, and we will work closely with them on the integration of this transit station.

This is a proposed plan that has yet to be reviewed or approved by the Town of Oakville. It will go through the formal application submission process as required by the Planning Act.

Palermo will be a complete community, with new employment opportunities and a range of amenities and services proposed such as:

• A New Community Centre/Library
• A New Daycare space
• Neighbourhood retail: small and large commercial/retail opportunities to support this growing community and meet the needs of existing and future residents. The size of the commercial areas has not yet been finalized.
• And, a new urban square and central pedestrian main street with patios, eateries, shops, and health & wellness-based services. The Urban Square will serve as a central gathering place with markets, festivals, public art, and local events for all ages.

Situated between the Glenorchy Conservation Area to the east and 14 Mile Creek to the west, Palermo is ensconced in nature. The project will provide over 20 acres of parks, ponds, privately-owned publicly accessible spaces, natural heritage system and trails, two transit hubs. With a new neighbourhood park and a large modern park, this new community will enable an active lifestyle with four-season programming and uses for everyday outdoor living, such as walking trails, shaded areas to read and rest, and sporting and recreation opportunities for all ages and seasons. Bike, walk, or run along over 6 kms of trails, with access to over 1,000 acres of natural heritage system and the Glenorchy Conservation Area, supporting a lifestyle of health and wellbeing.

The designated heritage homes are not located on the site for this project.

We are building a broad range of housing types and unit sizes including townhomes, single detached, and condos. This new set of homes are made for all ages and life stages, including young families and professionals in Oakville.

There is a shortage of housing supply in the GTA, which has made access to housing difficult for many. Palermo will do its part to ease the pressure on housing by building a number of homes suitable for first time owners, families needing more space, and downsizers looking to age in place. We know it’s important for people who call Oakville home, to be able to continue to do so as their needs change – as well as to have children and grandchildren able to live close by, and continue to enjoy all that Oakville has to offer.

The Transit Hub will allow residents and neighbouring communities to get to surrounding Regions in the GTA, such as Burlington, Hamilton, and downtown Toronto. The transit hub aims to bring new connections to existing transit options, such as GO, TTC, and UP Express, and connect riders to Union Station, Bronte GO, and Pearson International Airport.

We will be working closely with the Town of Oakville and Halton Region to see how we can integrate transportation improvements at Palermo and within surrounding areas to reduce traffic and congestion, and include additional road safety improvements such as integrating the proposed development into the Bronte Road Widening design process currently underway. We are looking forward to further discussions with the Region and Town about how to integrate the proposed development into the Bronte Road Widening design process.

Safe pedestrian circulation is a key aspect of the design process. Potential design interventions such as pedestrian refuges / two-stage crossings are being contemplated in order to improve pedestrian travel across major roadways.

Learn more here: Halton - Regional Road 25 Corridor Study – Speers Road to Derry Road (Regional Road 7)

Palermo will bring new jobs to Oakville, with a focus on high-calibre employment opportunities to attract top talent to Oakville. Located in close proximity to Trafalgar Memorial Hospital, Palermo aims to provide a range of co-op and educational opportunities, with a potential for employment opportunities focused on medical science training, bio science research, and medical advancements.

The Palermo site is owned by Palermo Village Corporation, which includes ARGO Development Corp and Newmark Developments Ltd. ARGO, a local community developer with experience in mixed-use, transit-oriented and future-ready communities, is the majority landowner.