Bramalea (company)
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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 bankru ...
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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 ...
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Satellite City
Satellite cities or satellite towns are smaller municipalities that are adjacent to a principal city which is the core of a metropolitan area. They differ from mere suburbs, subdivisions and especially bedroom communities in that they have municipal governments distinct from that of the core metropolis and employment bases sufficient to support their residential populations. Conceptually, satellite cities could be self-sufficient communities outside of their larger metropolitan areas. However, functioning as part of a metropolis, a satellite city experiences cross-commuting (that is, residents commuting out of and employees commuting into the city). Satellite cities versus other types of settlement Satellite cities are different from and are sometimes confused with the following related patterns of development. Suburbs Satellite cities differ from suburbs in that they have distinct employment bases, commutersheds, and cultural offerings from the central metropolis, as well a ...
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Brampton
Brampton ( or ) is a city in the Canadian Provinces and territories of Canada, province of Ontario. Brampton is a city in the Greater Toronto Area (GTA) and is a List of municipalities in Ontario#Lower-tier municipalities, lower-tier municipality within Regional Municipality of Peel, Peel Region. The city has a population of 656,480 as of the 2021 Canadian census, 2021 Census, making it the List of the largest municipalities in Canada by population, ninth most populous municipality in Canada and the third most populous city in the Greater Golden Horseshoe urban area, behind Toronto and Mississauga, Ontario, Mississauga. Indigenous peoples in Canada, Indigenous peoples have inhabited the Brampton area for thousands of years. Named after the town of Brampton, Carlisle, Brampton in Cumberland, England, Brampton was incorporated as a village in 1853 and as a town in 1873, and became a city in 1974. The city was once known as "The Flower Town of Canada", a title referring to its larg ...
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Ontario
Ontario ( ; ) is one of the thirteen provinces and territories of Canada.Ontario is located in the geographic eastern half of Canada, but it has historically and politically been considered to be part of Central Canada. Located in Central Canada, it is Canada's most populous province, with 38.3 percent of the country's population, and is the second-largest province by total area (after Quebec). Ontario is Canada's fourth-largest jurisdiction in total area when the territories of the Northwest Territories and Nunavut are included. It is home to the nation's capital city, Ottawa, and the nation's most populous city, Toronto, which is Ontario's provincial capital. Ontario is bordered by the province of Manitoba to the west, Hudson Bay and James Bay to the north, and Quebec to the east and northeast, and to the south by the U.S. states of (from west to east) Minnesota, Michigan, Ohio, Pennsylvania, and New York. Almost all of Ontario's border with the United States f ...
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Malton, Ontario
Malton is a neighbourhood in the northeastern part of the city of Mississauga, Ontario, Canada, located to the northwest of Toronto. Malton is bounded by Ontario Highway 427, Highway 427 to the east, the Brampton city limits (a Canadian National Railway, Canadian National Railway (CN) rail line) to the north, List of roads in Mississauga#Airport Road, Airport Road to the west, and a second CN line and Toronto Pearson International Airport to the south. Malton is unique in that it does not adjoin any other Mississauga neighbourhood, being separated by the airport and extensive industrial areas. All of the roads in this area are named after cities in the United Kingdom. Mimico Creek flows through Malton. The oldest portion of Malton is located on the northwest corner of Airport and Derry Roads. Together, the Malton and Britannia Woods areas compose Ward 5 (Mississauga), Ward 5. History 1820–1936 The Second Purchase from the Mississauga Indians on Wednesday, October 28, 1818, ...
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Early 1990s Recession
The early 1990s recession describes the period of economic downturn affecting much of the Western world in the early 1990s. The impacts of the recession contributed in part to the 1992 U.S. presidential election victory of Bill Clinton over incumbent president George H. W. Bush. The recession also included the resignation of Canadian prime minister Brian Mulroney, the reduction of active companies by 15% and unemployment up to nearly 20% in Finland, civil disturbances in the United Kingdom and the growth of discount stores in the United States and beyond. Primary factors believed to have led to the recession include the following: restrictive monetary policy enacted by central banks, primarily in response to inflation concerns, the loss of consumer and business confidence as a result of the 1990 oil price shock, the end of the Cold War and the subsequent decrease in defense spending, the savings and loan crisis and a slump in office construction resulting from overbuilding during ...
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Toronto
Toronto ( ; or ) is the capital city of the Canadian province of Ontario. With a recorded population of 2,794,356 in 2021, it is the most populous city in Canada and the fourth most populous city in North America. The city is the anchor of the Golden Horseshoe, an urban agglomeration of 9,765,188 people (as of 2021) surrounding the western end of Lake Ontario, while the Greater Toronto Area proper had a 2021 population of 6,712,341. Toronto is an international centre of business, finance, arts, sports and culture, and is recognized as one of the most multicultural and cosmopolitan cities in the world. Indigenous peoples have travelled through and inhabited the Toronto area, located on a broad sloping plateau interspersed with rivers, deep ravines, and urban forest, for more than 10,000 years. After the broadly disputed Toronto Purchase, when the Mississauga surrendered the area to the British Crown, the British established the town of York in 1793 and later designat ...
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Dallas
Dallas () is the List of municipalities in Texas, third largest city in Texas and the largest city in the Dallas–Fort Worth metroplex, the List of metropolitan statistical areas, fourth-largest metropolitan area in the United States at 7.5 million people. It is the largest city in and County seat, seat of Dallas County, Texas, Dallas County with portions extending into Collin County, Texas, Collin, Denton County, Texas, Denton, Kaufman County, Texas, Kaufman and Rockwall County, Texas, Rockwall counties. With a 2020 United States census, 2020 census population of 1,304,379, it is the List of United States cities by population, ninth most-populous city in the U.S. and the List of cities in Texas by population, third-largest in Texas after Houston and San Antonio. Located in the North Texas region, the city of Dallas is the main core of the largest metropolitan area in the Southern United States and the largest inland metropolitan area in the U.S. that lacks any navigable link ...
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Oakland, California
Oakland is the largest city and the county seat of Alameda County, California, United States. A major West Coast of the United States, West Coast port, Oakland is the largest city in the East Bay region of the San Francisco Bay Area, the third largest city overall in the Bay Area and the List of largest California cities by population, eighth most populated city in California. With a population of 440,646 in 2020, it serves as the Bay Area's trade center and economic engine: the Port of Oakland is the busiest port in Northern California, and the fifth busiest in the United States of America. An act to municipal corporation, incorporate the city was passed on May 4, 1852, and incorporation was later approved on March 25, 1854. Oakland is a charter city. Oakland's territory covers what was once a mosaic of California coastal prairie, California coastal terrace prairie, oak woodland, and north coastal scrub. In the late 18th century, it became part of a large ''rancho'' grant in t ...
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Unicity Mall
Unicity Mall was an enclosed shopping mall in Winnipeg, Manitoba. It was named for the 1972 unicity restructuring of city management. Originally known as Unicity Fashion Square when it opened in September 1975, the mall was anchored by a Woolco and The Bay, and was one of only three malls in the city, along with Polo Park and Grant Park Shopping Centre. Managed by Trizec Corporation, the mall initially prospered despite one wing being almost completely empty. The food court's McDonald's was the first to be placed inside a mall in western Canada. Today, the mall has been redeveloped into the Unicity Shopping Centre, a commercial site with individual buildings. History Unicity Mall was opened in September 1975 as Unicity Fashion Square, and was anchored by a Woolco and The Bay, and was one of only three malls in the city, along with Polo Park and Grant Park Shopping Centre. In the mid 1980s, the local economy was slowing down and the mall began losing tenants. By the 199 ...
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Yorkdale Shopping Centre
Yorkdale Shopping Centre, or simply Yorkdale, is a major retail Shopping center, shopping centre in the North York district of Toronto, Ontario, Canada. Located at the intersection of Ontario Highway 401, Highway 401 and Allen Road, it opened in 1964 as the largest enclosed shopping mall in the world. Yorkdale is currently the third List of largest shopping malls in Canada, largest shopping mall in Canada by floor space and has the highest sales per unit area of any mall in Canada, with current merchandise sales levels at roughly /square foot. At 18 million annual visitors, it is one of the country's busiest malls. Many international retailers have opened their first Canadian locations at Yorkdale. Yorkdale is currently owned by a joint venture between the OMERS, Ontario Municipal Employees Retirement System through its subsidiary Oxford Properties Group and the Alberta Investment Management Corporation. History Construction and design In the 1950s, the department store chain ...
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Scarborough Town Centre
Scarborough Town Centre (STC) is a shopping mall in Toronto, Ontario, Canada. Central to the Scarborough City Centre in the former city of Scarborough, it is adjacent to Scarborough Centre station, the Scarborough Centre Bus Terminal and the CTV Toronto studios (9 Channel Nine Court). Opened in 1973, the mall is the fourth largest shopping mall in Canada and third in Toronto by retail space. Description The mall is located on the north side of Albert Campbell Square, across from the Scarborough Civic Centre. The mall is served by Highway 401 and can also be reached through a turnaround ramp on McCowan Road, Progress Avenue, and Brimley Road. The TTC's Line 3 Scarborough also has a station adjacent to the mall, Scarborough Centre, opened in 1985 with service running southwest to Kennedy station on the Bloor–Danforth line and east to McCowan Station. Scarborough Centre is Toronto's east end's most important transportation hub. In addition to Line 3, Scarborough Centre is a ...
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