toronto647
Active Member
I am confused... will there one day be a rail deck district? or is the entire plan just for show to settle $ with Metrolinx / Government?
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Superstar
'Never' is a long time, but this 'never' made a lick of financial sense. It's 'always' been a scam.
Northern Light
Superstar
PE is on point, but to phrase it a bit differently.
The motive was to make money w/o building anything...........there was no obvious path to making money by by building anything in the near term.
As PE rightly points out.........if you wait long enough............things might change.............but no one here was banking on the financial situation or real estate values in the 22nd century.
Koops65
Senior Member
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ProjectEnd
Superstar
NIL OMNI
Active Member
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UtakataNoAnnex
Superstar
...but we can still talk about it as a fantasy project, right? Toronto's history is riddled with those. 
ProjectEnd
Superstar
Folks should get both of them, and do not, do not, do not, support Amazon (or anything American, really):...but we can still talk about it as a fantasy project, right? Toronto's history is riddled with those.
Unbuilt Toronto
A website for Mark Osbaldeston’s books, Unbuilt Toronto and Unbuilt Toronto 2.
www.unbuilttoronto.ca
UtakataNoAnnex
Superstar
...and Unbuilt Toronto 3 should include The Rail Deck. 
AlvinofDiaspar
Moderator
Heh, for anyone to believe those initial Moshe Safdie designs have a chance.
AoD
AoD
UtakataNoAnnex
Superstar
...I can't speak for everyone else here, but I have always doubted our ability to create a rail deck, let alone this thing in it's various presented forms whether real, grifted or otherwise.
Mercenary
Active Member
Rail Deck Park was too ambitious for Toronto which clearly shows Toronto is not yet in the big leagues of global Alpha cities. Maybe by 2050
north-of-anything
Active Member
Toronto isn't allergic to ambitious projects: see Ookwemin Minising, the Downsview Airport redevelopment, Regent Park, the Golden Mile, etc. This one is failing because the numbers don't work out.
The closest comparison that comes to mind, Millennium Park in Chicago, had two things Toronto's proposal does not: a huge park next door that could be connected to it, and deep-pocketed philanthropists who wanted to see the park come to life. The Rail Deck area is hemmed in almost entirely by residential developments, and there aren't any big names willing to throw money at this. In the absence of fundraising, land developers and speculators got in and chipped away at the park plan with shoebox condominiums, as if Toronto had the land availability of Hong Kong or Monaco. This development was driven by greed, not ambition.
Northern Light
Superstar
Excuse me for excavating the old heap of rubble that is this thread.....
But a couple of small news items.
1) Strategy Corp, on behalf of the current proponent, Rail Deck Development Corp. has been lobbying a fair bit in the last week or two, chatting up the mayor's office, to what end? Hmmmm
2) In light of the above, I had a look in the AIC, no new docs currently showing. status remains 'under review'.
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3) This made me wonder about the Craft expropriation claim at the OLT...
It was due to go to a Merit Hearing on the third of March , 2026.
That hearing was cancelled, and the case is listed as closed.
But a couple of small news items.
1) Strategy Corp, on behalf of the current proponent, Rail Deck Development Corp. has been lobbying a fair bit in the last week or two, chatting up the mayor's office, to what end? Hmmmm
2) In light of the above, I had a look in the AIC, no new docs currently showing. status remains 'under review'.
***
3) This made me wonder about the Craft expropriation claim at the OLT...
It was due to go to a Merit Hearing on the third of March , 2026.
That hearing was cancelled, and the case is listed as closed.
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toronto647
Active Member
THIS PROJECT IS DEAD IN THIS CURRENT MARKET
CRAFT Should have taken the deal offered by the city / province to build a park, now they are left with nothing and high interest payments on the mortgage for the land/air. Good luck to this developer!