The waterfront is a special place in our city. It’s a destination for visitors, a place to work and learn, and a home for more people every day. Now is the time to commit to the next phase of waterfront revitalization to help us deliver more housing, more parks, and better transit in our new waterfront city.
I’m proud to be the Mayor’s designate on the Board of Waterfront Toronto. I've worked closely with staff, the board, and community members and associations to advance our shared interest in waterfront revitalization. Some of the key things I’ve advocated for include funding the East Waterfront LRT, more affordable and purpose built rental housing, and new green spaces.
I want to hear from you. Share your thoughts in a 2 minute survey on the next phase of waterfront revitalization.
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A Legacy of Waterfront Building
Since Waterfront Toronto began its work, investments have created:
- 9,600 new homes in the Lower Yonge, East Bayfront and West Don Lands precincts
- 58.5 hectares (144.6 acres) of new or improved public parks and public realm
- 20,785 years of construction employment
- 5,000 permanent jobs
- Added $2.7 billion of economic activity into the Canadian economy
- Generated almost $1.1 billion in tax revenues
- Triggered over $13.2 billion of private sector investment in the waterfront.
Now is the time for a new phase of waterfront revitalization.
Our Next Phase of Waterfront Revitalization
On December 17, the City endorsed a plan to keep momentum going and build an incredible waterfront for everyone, with more homes, transit, and destinations:
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A renewed mandate for Waterfront Toronto as the development lead for revitalization to 2035 and possible extension to 2040
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Investment in infrastructure that enables 4700 housing units (869 affordable) at Quayside and 4500 housing units (goal of 30% affordable) at Ookwemin Minising
- The completion of Biidaasige Park and early activation
- A study of waterfront destinations and attractions
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Funding to advance the Marine Use Strategy and wider waterfront initiatives
But we aren’t stopping there. We also approved:
- Purpose-built rental housing incentives to fast track 1,250 new rental and 550 affordable units at Quayside, with construction set to begin in 2026.
- Implementation of a dedicated bus lane along Queens Quay East between Bay St. and Parliament St.
The City can’t do this work alone. Like all work through Waterfront Toronto, we need the provincial and federal governments to commit to the current package and to housing investments on Ookwemin Minising and a phased build-out of the Waterfront East LRT.