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Bramalea, Ontario
Bramalea (''Bram-a-lee'') is a large suburban district in the City of Brampton, Ontario, Canada. Bramalea was created as an innovative "new town", and developed as a separate community from the city. Located in the former Chinguacousy Township, Ontario, Chinguacousy Township, it was Canada's first satellite community developed by one of the country's largest real estate developers, ''Bramalea Consolidated Developments'' (later ''Bramalea (company), Bramalea Limited''), formerly known as ''Brampton Leasing''. The name "Bramalea" was created by the farmer William Sheard, who integrated the BRAM from Brampton, MAL from Malton, Ontario, Malton (then a neighbouring town which is now a part of Mississauga), and the LEA, an old British word meaning meadow or grassland. He sold the land to Brampton Leasing developers and built one of Bramalea's first houses on the intersection of Bramalea Road and Avondale Boulevard. Mr. Sheard owned a large parcel of cattle grazing land that was pu ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Bramalea (company)
Bramalea Limited, founded in 1957 as Bramalea Consolidated Developments Ltd., was a Canadian real estate developer best known for its development of the town of Bramalea (Canada's first satellite city) which would later become part of Brampton, Ontario. The company name Bramalea was formed by combining the names of local towns Brampton, Malton, and "lea", the Old English word for a meadow. The bulk of the new company's land holdings were purchased from Bayton Holdings Ltd. in 1958 and 1959, at a cost of $1.18 million. Bramalea was first listed on the Toronto Stock Exchange in August 1960, and over the next five years, the company bought up properties and property development companies. In June 1976, the company's name was shortened from Bramalea Consolidated Developments Ltd. to Bramalea Ltd. By 1988 Bramalea's property portfolio had reached 40 million square feet of industry, commercial, and retail space, in addition to its giant housing and land banks. The company declared ban ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
