The Preservationist
Active Member
Hmm ... a large pedestrian friendly interactive residential development in Toronto .... who would have thought?
For now.As has been mentioned several times before, the Food Terminal was recognized in 2019 by the Ontario government as being provincially significant, and it cannot now be rezoned.
42
It is zoned as employment lands, which is not the same as saying it can't be redeveloped.
Extremely unlikely. As there's no rush to bring skyscraping office towers to the area, and there is no indication that there ever will be, there's little chance of redeveloping the Food Terminal with other employment uses. Meanwhile, the political will is directed towards preserving the Food Terminal as is, therefore the provincial designation. Give it up.For now.
When all phases of this development is complete by 2040 then things will move forward to get the Food Terminal re-developed. It will also be another 20 year project.
The food terminal can be easily integrated in a new development and can even increase its capacity.Extremely unlikely. As there's no rush to bring skyscraping office towers to the area, and there is no indication that there ever will be, there's little chance of redeveloping the Food Terminal with other employment uses. Meanwhile, the political will is directed towards preserving the Food Terminal as is, therefore the provincial designation. Give it up.
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It's probably going to take that long.This updated proposal is spectacular and really sets a high bar for other major projects, including East Harbour and the Port Lands. Hopefully it doesn't take 20 years to build it out.
Ugh? since when do you have to finish one phase to start the next one, and why 5 years to get started?It's probably going to take that long.
Construction won't start here until 2025. 6 phases. Let's say 3 year per phase. So looking at a 18-20 year construction timeframe.
Most likely will be finished by 2045.