Developers Team Up to Offer Luxury Urban Oasis in Vaughan

Developers Team Up to Offer Luxury Urban Oasis in Vaughan
Rendering of a residence at Pebble Creek. Courtesy Falconcrest Homes
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Imagine a bucolic refuge nestled in the proliferating urban milieu that is Vaughan. That’s exactly what The Residences at Pebble Creek, a 59-unit luxury boutique townhouse development, promises to offer residents looking for superlative finishes without having to break the bank.

Located in a pastoral enclave off Highway 7, The Residences at Pebble Creek might also be one of the last townhouse projects the city sanctions in the area. The joint development between builder Falconcrest Homes and developer Graywood Developments—the companies have collaborated on projects going back 15 years—is slated for May 2017 occupancy in an area brimming with amenities.

Falconcrest, established in 1989, is a family-run business helmed by brothers James and Paul Di Luca that has built in excess of 1,600 homes. Among its most noteworthy developments are Credit Ridge in Brampton, Main Street Village in Milton, Vasari Towns in Vaughan, and Sonoma Heights in Vaughan.

Founded in 1985, Graywood has built over 25,000 units of housing and hotels. Among the notable are the Ritz-Carlton Toronto, The Mercer, and Ocean Club. Two other recent projects include Five—located on St. Joseph Street, just south of Yonge and Bloor—and the Mississauga luxury townhouse development, Shipp Place.

James Di Luca of Falconcrest Homes and Barry Stern, director of development and project management for Graywood Developments. (Courtesy of Falconcrest Homes)
James Di Luca of Falconcrest Homes and Barry Stern, director of development and project management for Graywood Developments. Courtesy of Falconcrest Homes