Quayside Project Moves Ahead with Request For Qualifications for Development Partner
Quayside is a central project in Waterfront Toronto’s mission to revitalize and reclaim our city’s waterfront. Since day one, our objective with Quayside has been to develop a new model for how we can build a 21st century neighbourhood – one that is truly affordable, liveable, and sustainable. It is critical that we get it right.
Today Waterfront Toronto launched an international competition to secure a development partner for the Quayside lands. The first step in this effort is to issue a Request for Qualifications (RFQ), to identify potential development proponents with the necessary experience, design portfolio, financial resources, and shared vision necessary to bring Quayside to reality.
A shortlist of proponents will be invited to submit their plans through a Request for Proposals (RFP) to be issued this summer. A development partner is expected to be in place before the end of 2021.
Three years ago, Waterfront Toronto set out to create an ambitious plan for a next-generation sustainable community at Quayside. Through planning work and thoughtful public discussion, Quayside was envisioned as an opportunity to build a neighbourhood that serves everyone, while addressing the urban challenges of housing affordability, active transportation, and climate change.
Over the past year, Waterfront Toronto asked the public to weigh in on the renewed goals for the project- Inclusive, Resilient, Dynamic. The feedback provided in this process reinforced the need for ambitious planning and to deliver a successful project.
Our task today is the same as it was yesterday, last month, and last year: to build a liveable, sustainable, and affordable neighbourhood.
Toronto began as a waterfront City. It was our point of origin. Over the years we lost our connection to the waterfront. We lost it to a railway, an elevated expressway, to complex ownership, and to inaction from governments. In recent decades, under the leadership of Waterfront Toronto, we have finally begun to revitalize and reclaim it. We are returning to our original place as a waterfront city.
Quayside represents the next important step towards waterfront revitalization. Quayside also represents an opportunity – an opportunity to build a neighbourhood that serves everyone, while addressing the urban challenges of housing affordability, active transportation, and climate change.