The city of Vaughan is poised to enter a new phase in its growth with the development of the Vaughan Metropolitan Centre, a 125-acre commercial downtown development in the area of Highways 400 and 7. This high density hub of offices and homes are sure to catapult Vaughan into the upper tier of great Canadian cities. The key fixture in this new community is Smart Centres Place which will feature 17 million square feet of retail office and residential space. In addition to high-rise condominium buildings this community will also feature a 100,000 square foot YMCA, a hotel, a centre for performing arts and library, a dedicated subway stop and an inter-regional bus terminal.