interchange42 said:
Ground breaking for this took place this morning. From the City's Media Relations office:
​
News Release​
​
August 9, 2023​
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City of Toronto celebrates the ground-breaking of 725 new rental homes on City land at 5207 Dundas Street West​
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Earlier today, Mayor Olivia Chow celebrated the start of construction of 725 new rental homes, including 218 new affordable rental homes, at the first Housing Now site to break ground that will create new mixed-income, complete communities on City-owned land.​
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The Mayor was joined by Councillor Brad Bradford (Beaches-East York, Chair of the Planning and Housing Committee and CreateTO Board Director), Councillor Paula Fletcher (Toronto-Danforth, Board Director, CreateTO), Abi Bond (Executive Director, Housing Secretariat, City of Toronto), Gregg Lintern ( Chief Planner and Executive Director, City Planning, City of Toronto), Vic Gupta (Chief Executive Officer, CreateTO), Ken Tanenbaum (Vice-Chairman, Kilmer Group) and Andrew Joyner (Managing Director, Tricon Residential).​
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The development of 5207 Dundas Street West has been awarded to the Kilmer Group and Tricon Residential. The City, in partnership with CreateTO, Kilmer Group and Tricon Residential, is supporting the delivery of this project as part of the Housing Now Initiative, which Toronto City Council approved in January 2019 to activate City-owned lands to stimulate the development of affordable rental housing within transit-oriented, mixed-income, mixed-use and complete communities.​
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About the development​
The site will deliver 725 residential homes, including 30 per cent affordable rental homes, 218 units, and 507 market rental homes. Rents for affordable homes will range from 40 per cent to 100 per cent of the Average Market Rent (AMR). This means that the homes will be affordable to a range of households, including those in need of deeply affordable rental housing.​
​
The development will include a mix of unit types from one-bedroom to four-bedrooms. It will also include retail uses providing amenities and services to support residents’ needs and public spaces for community gatherings and events. In addition, the development will support the City’s climate action objectives and target Toronto Green Standard Version 3, Tier 3, with zero carbon certification.​
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Investments​
The City has invested $77 million to decommission the former Six-Points Interchange, also known as the ‘Spaghetti Junction’ in Etobicoke. Six-Points was replaced by a new network of streets, unlocking almost 18 acres of land and creating seven blocks for redevelopment. The 5207 Dundas Street West development is one of five blocks identified for additional rental housing development through Housing Now. Other blocks include the proposed Etobicoke Civic Centre (ECC) location, a new Toronto Public Library branch, and new City parks. The five development blocks will include at least 2,781 residential homes, 904 of which will be affordable rental homes.​
​
Housing Now​
Housing Now is a signature affordable housing program in Toronto and across Canada. It is also a key housing supply program that supports the City’s HousingTO 2020-2030 Action Plan target of 40,000 new affordable rental homes and Housing Action Plan 2022-2026 target of 285,000 homes by 2031. To date, the City has committed more than $1.3 billion in land value, capital funding and financial incentives to the program, making Housing Now one of the most significant municipal financial investments in housing underway today.​
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Since Housing Now was approved in January 2019, City Council has allocated 21 prime transit-oriented sites. To date, 10 of these sites have been re-zoned and market offerings have been completed for six of them. Construction at two other shovel-ready sites, 50 Wilson Heights Blvd. and 140 Merton St., is expected to begin before the end of this year.​
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Overall, Housing Now aims to deliver 10,000 affordable rental homes within mixed-income, mixed-use and complete communities by 2030. However, new and enhanced investments from all orders of government and the non-profit and private sectors are critical to meeting this target. Implementation of Housing Now will support the City, Government of Ontario and Government of Canada in meeting their respective housing supply, economic and population growth targets and, most importantly, provide the types of housing needed for individuals and communities to thrive.​
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On May 11, Council adopted the Housing Now 2023 Progress Update report. The report provided an update on Housing Now. It recommended urgent actions for all orders of government to unlock purpose-built affordable and market rental housing supply in all neighbourhoods across Toronto.​
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View the full Housing Now 2023 Progress Update report on the City’s website: http://www.toronto.ca/legdocs/mmis/2023/ph/bgrd/backgroundfile-235837.pdf.​
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Information about the City’s 2020-2030 HousingTO Action Plan is also available on the City’s website: http://www.toronto.ca/community-peo...sing-partners/housingto-2020-2030-action-plan.​
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The City’s Housing Action Plan 2022-2026: Priorities and Work Plan report to Executive Committee is also available on the City’s website: https://secure.toronto.ca/council/agenda-item.do?item=2023.EX3.1.​

42
Click to expand...
Photos from Councillor Bradford --- (on maybe his LAST day as Chair of Planning & Housing)....

https://twitter.com/x/status/1689290005145939969
 
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It doesn't look like any of them took public transit, based on all the cars in the shot. I read the press release and it was pretty light on completion dates for this building . Do we know what the projected date is for 5207?
 
Tim MacDonald said:
It doesn't look like any of them took public transit, based on all the cars in the shot. I read the press release and it was pretty light on completion dates for this building . Do we know what the projected date is for 5207?
Click to expand...

Full honesty, I first read your comment as a joke that based on the lack of completion dates, you expect the buildings to be completed by year 5207!! :D :D

@HousingNowTO any insights on when this can be expected to be completed?
 
Just heard the 4pm 680news story and ill answer my own question.. Apparently four years from now before first occupancy.
 
Tim MacDonald said:
Just heard the 4pm 680news story and ill answer my own question.. Apparently four years from now before first occupancy.
Click to expand...
4 years ? May be, if all possible corners are cut just to get the first building ready.
Or builders may put shovels into ground ... and leave them there for long time.
My guess, 5-6 years for the first building, 12-15 years for the whole block.
 
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Can anyone explain the illegal parking by 5207 Dundas Street? When I travel down this street I get stuck if there is a car coming from the opposite direction.

I have seen these cars ticketed by parking enforcement only once and the illegal parking has been happening a long time. Hmmmmmm...

Enjoy the pictures and more to come!
 
Last edited:
Renx article on this development:

renx.ca

Tricon, Kilmer get Toronto's Housing Now initiative off the ground

Tricon Residential and Kilmer Group have broken ground on the first Housing Now project to move forward since the initiative was approved in January 2019. Housing Now utilizes City of Toronto-owned lands to stimulate the development of affordable rental housing.
renx.ca renx.ca
 
I spotted mobile/remote operated security cameras on site today.

I'm going to speculate that any day now the construction equipment/trailers will be set up on site to begin the big dig.
 
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