Buildings Show 2025: BIAs, developers need to work together to ensure neighbourhood cohesion
AI Article Summary
Toronto's main street shops are experiencing significant challenges due to ongoing construction of new transit lines and residential towers. These disruptions are affecting trade activities in the area. The Greater Toronto Area has 86 Business Improvement Areas (BIAs) that are marked by local businesses and property owners who manage and fund these districts. Collaboration between BIAs and developers is emphasized to maintain neighborhood cohesion amidst these changes.
What This Means for Canadian Contractors
For Canadian builders, this means navigating disruptions due to transit and residential construction requires strategic partnerships with local BIAs. Ensuring neighborhood cohesion can help mitigate negative impacts on commerce, suggesting that early and consistent communication between developers and community representatives is key. This project highlights the importance of integrating construction planning with community needs to manage potential cost increases and timeline adjustments.
