6 NEW MAJOR DEVELOPMENTS COMING TO TORONTO
There are six major projects which are planned for Toronto some already underway and some planned for the near future. These projects will alter the appearance of several Toronto landscapes and provide new life to a couple of neglected areas of the city. Happily some of the units to be built will include both low income and rental space.
Regent Park Revitalization { 1 }
Anyone who drives from the east end along Queen or Gerrard streets knows that Regent Park is being torn down. In its place is an exciting revitalization plan. The redevelopment is 69 acres and combines low income housing with market rate units, a far better solution than Regent Park ever was.
Many of the condos will include commercial space and office space. Already completed is the Regent Park Aquatic Centre, a six-acre park with playground, squash pad, off leash area, community gardens, bake oven, greenhouse and walkways. The project will also house the 2.8-acre Regent Park Athletic Grounds. This is a five phase project in its third phase.
Daniels Waterfront – City of Arts { 2 }
To be located at lower Jarvis and Queen’s Quay this redevelopment is a 2.8 acre site once housing the Guvernment and Koolhaus Entertainment Complex. There will be over 900 suites in two new condo towers as well as two office towers which will contain commercial space and retail. Both George Brown and OCAD are considering expanding to these spaces. The extremely enjoyable Sugar Beach will also be extended.
Honest Ed’s { 3 }
At Bloor and Bathurst a site of 4.4 acres will house over 1000 rental units plus retail space with a focus on small retail. There will be 40 or so buildings on the site with plans to save some of the charming Victorian houses on Markham Street. The developer, Westbank Properties, will be submitting their development application this fall.
The Well { 4 }
At Spadina and Wellington Street West, taking up the space occupied by The Globe and Mail and a car dealership, this 7.7 acre site will include roughly 1.1 million square feet of condos and townhomes as well as 1.1 million square feet of office space and 600 million square feet of retail space, open air retail and restaurants.
West Donlands { 5 }
From Parliament Street to the Don River and King Street to the Rail corridor, West Donlands will encompass 80 acres. 6,000 residential units and 23 acres of parkland including 243 affordable residential rental units in three buildings. There will be two large market value developments. Currently Urban Capital is working on the Four phase River City project which will include 1100 condos and townhomes.
As many people know, the Pan Am/Para Games will take place this year and part of this new community will house 10,000 athletes and officials. After the games 805 condos will be built with 5% being affordable ownership units. Commercial and Retail space will also be included as well as a new YMCA facility and George Brown College student residence.
Already completed are playgrounds, a splash pad, athletic field, open lawns, a marsh, tables, benches, a barbecue, a fireplace, bike paths, a boardwalk and an off-leash dog area.
Much of this will be completed prior to the opening of the Pan Am games this year.
Downsview { 6 }
Between Jane Street and Bathurst Street to the west and east, and Finch Avenue and Highway 401 to the north and south, Downsview development will be 572 acres in total of which 294 acres is to remain as park space. The area will have five neighbourhoods: The Stanley Greene Neighbourhood, The William Baker Neighbourhood, The Sheppard Neighbourhood, The Chesswood Neighbourhood and The Allen Neighbourhood (see map). The Sheppard Neighbourhood features the new TTC/GO station, scheduled to open this fall.
Interested in any of these developments? Call me at 416-708-0556 or email me at mfpowell@sympatico.ca.
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