The City is partnering with the Province to shape nine Transit Oriented Communities next to five new stations along the Ontario Line: East Harbour, Corktown/First Parliament, Queen/Spadina King/Bathurst and Exhibition.
The City and Province signed a Memorandum of Understanding in February 2020 outlining shared objectives for Transit Oriented Communities. Site-specific memoranda of understanding will be drafted as well, to advance objectives. The inclusion of affordable housing and community services and facilities that will serve new and existing residents are top priorities for the City. At its meeting on April 6, City Council approved the terms for eight Transit Oriented Communities proposals from Exhibition Station to the Corktown station and directed City staff to conclude negotiations with the Province.
City Council also approved the major terms of agreement with the Province and Cadillac Fairview related to East Harbour. The terms include a requirement for 215 affordable rental housing units for a 99-year period, the provision of two child care facilities, and a community recreation centre, along with other investments in community services and infrastructure in the area to support the East Harbour development. When fully developed, East Harbour will be a major mixed-use community, with up to 50,000 jobs and 7,000 residents.
The East Harbour development includes the extension of Broadview Avenue from Eastern Avenue to Lake Shore Boulevard. The City and Province also agreed to cost sharing terms for the Broadview Eastern Flood Protection project, which will address flood vulnerability for a broad area around East Harbour.
Staff will report back to City Council on final details of several implementation agreements related to East Harbour in early 2023.
Information about the Provincial Transit Oriented Communities Program is available here
Information about the Ontario Line is available here
Information about the East Harbour Transit Hub is available here
Information about the Broadview Eastern Flood Protection project is available here
Quote:
“I am excited by the prospect of these nine Transit Oriented Communities adjacent to future transit stations. The City is working in close partnership with the Province to bring about good development and I am confident that together we will be able to increase transit ridership, and provide affordable housing and community services, providing places for people to live, work and play.”
– Mayor John Tory