Only one tower crane remains in use above Exchange District Condos in downtown Mississauga as the 72-story EX3 becomes the tallest of the project’s four towers. UrbanToronto’s last update of the mixed-use development south of Square One Shopping Center, designed by Arcadis for Camrost-Felcorp, was in September 2025. Since then, attention has turned to EX3, which at 72 stories will become Mississauga’s second-tallest tower, behind the 77-story M3 at M City.
In October, EX3 is several stories taller than the completed 30-story EXS to the south (front right) and, with its yellow-glazed mechanical penthouse, approaches the height of the expanded 42-story EX2 to the north (back left). To the east is the 60-story EX1 (back right). The tower crane remains above EX3, next to a red concrete boom pump.
An elevated view looking southeast on EX3 passing EXS and approaching EX2, image by UrbanToronto forum contributor drum118
A month later, we see the 60-story EX1 at the southeast end, its magenta-glazed mechanical penthouse complete and a construction elevator still running up the south facade. To the west, EX3 continues its rise, featuring the stacked box massing that mirrors EX1’s offset volumes in raw concrete, awaiting its future blue-accented crown and full cladding.
Looking east at the four towers and magenta crown of EX1, image by UrbanToronto Forum contributor Lake Ontario
Podium and road landscaping work progresses along the gradient between EX1 (left) and EX2 (right) along Burnhamthorpe Road West in December. A patterned sidewalk will be installed with alternating dark and light rectangular modules framed by a contrasting reddish band. The podium is largely enclosed, combining curtain wall glazing, black metal panel cladding and lighter stone tone precast elements with entrance canopies over the retail fronts. Further along the base between the two towers, insulation panels and blue weather protection films are visible.
Podium and streetscape work along Burnhamthorpe Road West, looking northeast, image by Drum118, UrbanToronto Forum contributor
As of January 2026, EX3 has climbed to approximately the 46th floor. The first three stacked six-story structures are largely enclosed with alternating white and black metal panels and exposed glazing. Strips of blue weatherstripping mark exposed panel edges where additional cladding is available. To the left stands the 42-story EX2 with its completed yellow mechanical penthouse, while the top residential floor below continues to feature exposed concrete with blue weatherproofing, awaiting final paneling and glazing.
Looking southwest at EX3 rising above EX2 as cladding installation on the lower levels is underway, image by UrbanToronto Forum contributor Dan416
In this close-up, EX3’s upper floors are wrapped in external scaffolding. The active floor slab in the upper area is defined by ceiling edge formwork and shoring posts. Two construction elevators travel along the visible elevations.
Looking southwest at the upper level formwork and construction elevators at EX3, image by drum118, UrbanToronto Forum contributor
On the slope, work focuses on the podium of EX3, where the curved ceiling of the third floor extends above the second level, forming a curved canopy line. Tall, rounded concrete columns wrapped in blue weatherproofing support the overhang, while a steel frame is in place to accommodate the curved curtain wall glazing. The first two floors remain mostly exposed concrete, in contrast to the dark metal panels and glazing already installed above. Work platforms and construction equipment are lined up along the fenced-in facade.
The curved podium panel and curtain wall frame of the EX3 at elevation, looking east, image by drum118, UrbanToronto forum contributor
A drone shot from this month shows the Exchange District within the skyline of downtown Mississauga. In the West, the 72-story EX3 continues its rise and is expected to peak later this year. The staggered massing and contrasting crown colors create a distinct identity in the district.
A drone view looking northeast toward the Exchange District in downtown Mississauga, image by Stapler, a contributor to the UrbanToronto Forum
The Exchange District towers will range in height from 96m (EXS) to 232m (EX3), with the elevated M3 being the tallest in the city at 260.29m.
Looking northeast at the Exchange District Condos, designed by Arcadis for Camrost-Felcorp
UrbanToronto will continue to monitor the progress of this development, but in the meantime you can learn more in our database file linked below. If you’d like, you can join the discussion in the associated Project Forum thread or leave a comment in the designated area on this page.
* * *
UrbanToronto’s research and data service, UTPro, provides comprehensive data on construction projects in the Greater Golden Horseshoe – from proposal to completion. Other services include instant reports, downloadable snapshots based on location, and a daily subscription newsletter, New Development Insider, that tracks projects from the first application.​