Festival Condominiums in Vaughan Metropolitan Centre (VMC) is the latest new project from developers QuadReal Property Group and Menkes Developments. The development is part of a 75-acre master- planned community called Assembly Park, which is transforming the area in Vaughan into a new downtown, anchored by transit and a linear park. Located in South VMC, the neighbourhood is set between Highways 7 and 407 and runs east-west from Highway 400 to Jane Street.