Resubmission Reworks Quayside Multi-Tower Plans in Toronto's East Bayfront

AI Article Summary
Quayside Impact Limited Partnership, comprising Dream Unlimited, Great Gulf, and Waterfront Toronto, has submitted a revised master plan for the Quayside project in Toronto's East Bayfront. The revision aims to accelerate rental and affordable housing by deferring condominiums, altering the design and number of buildings, and replacing a proposed 70-storey tower with two shorter towers. The project includes rental, affordable, and condominium units, community facilities, and a publicly accessible community forest. The revised plan is undergoing zoning amendments and site plan approvals to move forward.
What This Means for Canadian Contractors
This project shows how adaptive design and planning can address housing shortages by prioritizing rental and affordable housing in a phased approach. For Canadian builders, this means a growing need for expertise in mixed-use developments and a focus on collaborative partnerships with municipal planning to navigate regulatory processes. These changes could extend timelines but may also streamline the process for future phases by resolving major zoning issues upfront.