It will be the commercial and financial district at the center of the city of Markham, and will consist of a mix of residential, office and retail uses.
Downtown Markham will also offer more than 3.4 million square feet of office space in a commercial district adjacent to Highway 407.
Aviva Canada built its second Canadian headquarters on Birchmount Road and a new Cineplex theatre opened on April 4, 2015.
The Marriott hotel and the York condo was constructed on the corner of Enterprise Drive and Birchmount Road.
According to the plan approved by the city council, the community will contain residential condos and townhouses, commercial, and retail buildings.
The community is served by the Warden, Enterprise and Unionville stops on the VIVA bus rapid transit system.
It is scheduled that when Downtown Markham is fully functional and occupied, Viva Green will return to full service.
The community is anticipated to be highly dependent on these transit routes, as part of the planned smart growth.
Other bus routes that serve the area include: GO Transit operates Unionville GO Station on the Stouffville line during peak commuter traffic.