They didn’t mention the Island Airport.
Here's the economic impact statement they include:
I mentioned this in the Billy Bishop thread but I'll repeat here with additional thoughts
The question to ask about this is: How much of that GDP/jobs would be lost if the airlines move their operations to Pearson? Does Pearson have capacity to absorb those trips, and if so would that economic impact remain, but just arrive via Pearson?
What about the potential GDP/jobs impact of other potential uses of that land? Even in you lost 25% of the economic impact by moving the trips to Pearson, could a big destination on the central waterfront make up for that or even exceed it?
These types of numbers seem huge, but they need to be put in context of alternative uses.
Also, when you look at their principles,
every single one would support eliminating the airport to achieve the stated goals.
1. Get on the water-- Billy Bishop lands currently stands between downtown and Hanlan's the best beach in the city
2. Become a true destination and 3. Create centres of gravity -- This land is the opportunity to create a car-free, walkable, attractive destination that would be a draw for tourists and locals alike away
4. Become permeable -- A pedestrian/cycling connection here would be a gateway from downtown to the islands. Billy Bishop is a barrier.
5. Waterfront for everyone -- most people aren't "business travellers," this would a free way to access the city's best asset, the islands.
6. Lead on sustainability -- air travel is a carbon nightmare
7. Redefine the waterfront -- this would become the defining element of the waterfront
8. Make the waterfront a team effort -- Can PortsToronto admit that they need to give this up for the benefit of the wider city?
9. Unify the region narrative -- a Car-free, Walkable, multi-use, recreation and tourism focused district would say "Toronto is a place you want to be"
I really think if done right this would a game changer for the waterfront and the city's image. It could be the pride of Toronto.
But some people would rather have a slightly faster way to escape. I'll never understand it.
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