"The province has reached an agreement with the city to ensure the 160-acre property is turned into something that benefits the community.
The plant shut down five years ago and was demolished three years ago, and now the community is ready to reclaim the land.
Mississauga Mayor Hazel McCallion said there's incredible potential.
'This is the last piece of Mississauga,' Mayor McCallion said. 'We have an opportunity here second to none to do something very different.'
Locals would like to see cafes, recreational trails and maybe some waterfront condos.
'To do whatever is necessary to make a community fit together that's walkable,' Jim Judge, president of the Lakeview Ratepayers Association, said. He added that the land will finally be put to good use."
Lakeview could use some trails, even as a beautification project.
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