No, we expect they will follow a model & timeline like what they are doing for the sites that are currently "on the street" for RFP...
For example, Council approved the "
Housing Now - Bloor-Kipling (Six Points) Block Context Plan" on July 14th, 2021 - and the RFP for Block-1 of those KIPLING lands went out about 3-months later...
For
150 Queens Wharf the public CreateTO documents still have a
Construction Start forecast of Q3 2023 - working with that as a target, and based on the completed RFP's to date, we expect this kind of an estimated schedule -
FEB. 2022 - RFP process for Queen's Wharf begins.
APR. 2022 - RFP process closes.
JUL. 2022 - RFP shortlist assessments.
AUG. 2022 - Term Sheet, Lease Agreements, Due Diligence, Legal, Federal Supports., etc.
FEB. 2023 - RFP partner for Queen's Wharf announced.
AUG. 2023 - Construction Begins for approx 24-30 months.
(*ALL dates subject to change)