Waterfront Toronto has released a Request for Qualifications (RFQ) for a development partner to build the first residential buildings in a planned complete, mixed-income waterfront community on Ookwemin Minising, a 98-acre artificial island in Toronto’s Port Lands.
The first development block is expected to deliver approximately 700 units, with a target of 30% affordable rental units. This is part of the Toronto Builds portfolio, which enables the creation of mixed-income communities on city-owned lands.
Waterfront Toronto is the revitalization corporation leading the transformation of Toronto’s waterfront. The RFQ is made possible with $1.4 billion in investments from the federal, provincial and city governments into flood protection infrastructure, new parks and bridges, and $975 million towards building streets, utilities and public spaces to support up to 14,000 new homes on Ookwemin Minising and nearby at Quayside.
“The revitalization of Toronto’s waterfront is one of the most significant infrastructure projects in Canada, made possible through the longstanding partnership of all three orders of government,” said Housing Minister Gregor Robertson. “Together, our investments are supporting new opportunities for housing, economic growth, and community development. This is an important step toward delivering the very first homes on the island with the launch of this Request for Qualifications.”
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