page_title: Line 4 Sheppard
section_title: Residential development
hierarchical_section_title: Line 4 Sheppard / History / Residential development
caption_attribution_description: Bessarion subway and Concord development site
context_page_description: Line 4 Sheppard is the newest and shortest subway line of the Toronto subway system, operated by the Toronto Transit Commission. It opened on November 22, 2002, and has five stations along 5.5 kilometres of track, which is built entirely underground in the district of North York along Sheppard Avenue East between Yonge Street and Don Mills Road. All stations are wheelchair accessible and are decorated with unique public art, such as the scenic mural at Sheppard–Yonge and the illusionary trompe-l'œil sketches at Bayview. The Government of Ontario has announced plans to extend the line east to Sheppard Avenue and McCowan Road in Scarborough.
context_section_description: From its opening in 2002 to 2014, the Sheppard line spurred over $1 billion of construction of new housing, including several high-rise condominium towers, along its route as transit-oriented developments. Since 2000, condominium towers have been built around all five stations on the line, with most of the new developments being centred around Bayview and Bessarion. The Daniels Corporation built a six-tower development, called NY Towers, north of Highway 401 between Bayview and Bessarion; Arc Condominiums on the northeast corner of Bayview/Sheppard; and terraced condos just east of their NY Towers. Shane Baghai built a multi-tower development in the area.
  In 2007, the Leslie and Bessarion stations were the least used stations in the system; in 2015, four of twenty planned buildings of Concord Adex Investments' new condominium complex, Concord Park Place, located between these two stations, have been completed. The complex is being developed on the site of a former Canadian Tire warehouse/distribution centre, though Canadian Tire retains a retail location there. There is also development around Swedish furniture chain IKEA in the immediate area.
caption: Bessarion station in 2008
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