Population Growth & Economic Outlook in Markham
Markham, a thriving city, currently boasts a population of over 350,000 residents. However, this number is projected to surge to over 416,000 individuals by 2031. Moreover, the city’s employment opportunities are expected to expand, with employment numbers forecasted to rise to over 223,700 within the same time frame. These substantial population growth and increased job prospects will make Markham an even more desirable place to live, further fueling the demand for housing.
The City of Markham takes pride in its comprehensive transportation network, providing residents with various convenient options for getting around. With the presence of major arteries such as Highways 407 and 404, alongside efficient public transportation systems like York Region Transit and GO Transit, navigating throughout the Greater Toronto Area (GTA) becomes effortless, ensuring seamless connectivity for all.
Employment Opportunities & Educational Excellence
Markham has rightfully earned the reputation of being the “high-tech capital of Canada,” positioned at the epicenter of the country’s second-largest technology cluster. With over 650 corporate head offices and a flourishing community of more than 1,500 high-tech and life science companies, including prominent names like IBM, Lenovo, Toshiba, Johnson & Johnson, Pfizer, and many others, the city offers abundant employment opportunities. Additionally, the upcoming York University Markham Campus, slated to open its doors in 2024, will cater to 4,200 students, further enhancing the educational landscape of the city.
A Trusted Developer at the Helm
Metropia, the esteemed developer behind UnionCity, is led by Howard Sokolowski, a renowned figure in residential development. With a remarkable history of over 25 years as the co-founder and CEO of Tribute Communities, Howard spearheaded the creation of more than 30,000 homes. Metropia has already established its credentials by successfully planning, building, and managing over 14,000 residential units across 21 communities. Their diverse portfolio includes a mix of high-rise, low-rise, and master-planned developments, encompassing over 13 million square feet of residential, retail, and corporate space.