The waves are coming back in at Quayside. This 12-acre site in Toronto’s Port Lands will see construction begin next year on its western portion, in a development that will soon deliver 1,100 market-rental apartments and 550 affordable rentals.
Last week, Toronto City Council approved the plan from Waterfront Toronto and developers Dream Unlimited and Great Gulf. It delivers a large quantity of housing and some remarkable urban design. It also offers a lesson on what a major national rollout of housing – as the federal government has promised – is going to cost.
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The development will feature high-rise towers along Lake Shore Boulevard and, to the south, three mid-rise buildings for affordable housing.Supplied
“We’re making a huge housing pivot at Quayside,” Joe Cressy, Waterfront Toronto’s chief of staff, said in a recent interview. “We think this pivot has made the housing better, and it’s only been possible through huge government investment.”