Officials in Toronto have announced plans to densify the city's waterfront with a redevelopment effort that stands to create high rises along the lakefront.
"A $3-billion development plan to revitalize a strip of Toronto's central waterfront will do more to dot the area with buildings as high as 40 storeys than create a lakeside playground for city residents."
"In coming up with plans for the shoreline, architects of Toronto's waterfront vision have touted the idea as opening up access to the lake, ensuring the city's waterfront will become a destination for city residents -- especially those who can't afford cottages."
"But officials from Waterfront Toronto, the agency leading efforts to renew the lakefront, yesterday announced they are looking for developers interested in building densely on the East Bayfront, a 22-hectare site, bounded by Jarvis St., Parliament St., Lake Shore Blvd. and the lake. The agency will issue a call for submissions next Friday and select partners to proceed with development by the end of the year."
FULL STORY: Condos Wall the Waterfront
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Without reform, restrictive zoning codes will limit the impact of the city’s planned transit expansion and could exclude some of the residents who depend on transit the most.
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