Cllrs Fletcher, Perks, Malik all waxing eloquent on a major waterfront development, many years in the works, including thousands of units of affordable units: https://secure.toronto.ca/council/agenda-item.do?item=2026.PH30.1
Ookwemin Minising is now anticipated to deliver homes for approximately 21,000 people (12,000 units) and jobs for approximately 2,900 workers over the next 25 years, through both the updated Precinct Plan as well as private development sites. This includes approximately 10,000 units on public lands, with a target of 30 percent of units on public lands as new affordable rental housing. It represents an approximate 27 percent increase in gross floor area (GFA) on public lands compared to the 2024 approvals. It also delivers an estimated additional 300-800 affordable housing units compared to what was presented to Council in the 2024 plan, with the prior range of approximately 2,200 to 2,700 units replaced by up to 3,000 units.
#TOcouncil #TOpoli