Northern Light
Superstar
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Site Uses:
•The areas available for development include the entirety of the East Island, the West Island, the mainland, the pod complex, and the Cinesphere cinema. There are no limitations on the use and / or retention of existing assets on Site, with the exception of the Budweiser Stage, as set out below.
•Proposals can request to develop all or a portion of the available Site.•The north and south marinas can be reconfigured, relocated and / or modernized as part of a development concept. Portions of the marina(s) may be removed, however, a marina use must be maintained somewhere on Site.
•Development of the land currently under lease to Live Nation Entertainment (Budweiser Stage area) will not be considered for the duration of their lease. (See below for more information on Live Nation Entertainment lease terms.)
•Across the Site, a minimum of 7.5 acres (3 hectare) of parkland must be provided. Concepts that propose the use of any part of Trillium Park will be required to replace this area with a new contiguous park space of an equivalent size elsewhere on the Site.
•Residential development or casino uses will not be permitted on the Site.
Leased Area:
•Participants may identify all or part of the Site (including the water area) as the leased area. Preference is for Submissions that are comprehensively planned and utilize the entire Site. Refer to Figure 1 for general boundaries of the Leased Area
.Public Access:
•There is no requirement for unrestricted public access. If necessary, access to all or portions of the Site can be controlled and should reflect the commercial requirements of the individual Submissions
.•Depending on the nature of the proposed concept, the Government may be willing to undertake site access enhancements.
Live Nation Entertainment Lease Terms:
Live Nation Entertainment (“LNE”) is one of the world’s leading live entertainment companies, event promoters and venue operators.LNE operates the 16,000 seat event facility (Budweiser Stage) on the Centre Island, hosting more than 50 events a year and welcoming more than 650,000 visitors annually. New in 2019 is the addition of The Lakehouse. A year-round premium lounge located within the Budweiser Stage. LNE operates on Site pursuant to a long-term lease, which if all options are exercised, could extend to 2030. Among other provisions, the lease:
•provides for non-exclusive use of common elements on the East Island to enable safe access for patrons to and from the Budweiser Stage;•exclusive use of specific areas of the East Island from approximately two hours before gate opening for the duration of an event;
•prevents any activities that may be visually or audibly disturbing to, or that might otherwise interfere with, performers or an audience;•requires at least 1,200 parking spaces to be maintained; and
•restricts certain types of events, including commercial contemporary music events, from occurring without Live Nation’s consent across all of Ontario Place.In addition to the leased areas identified above, LNE executes additional live-events on the East Island from time to time through rental agreements, including at Echo Beach.More information on the lease terms is available in the data room. Participants are welcome to engage with representatives from Live Nation Entertainment if the scope and / or scale of their development concept would benefit such discussions with adjacent tenants.
Water:
•Submissions that propose modification to areas of water will be considered, however, modifications should be sensitive and carefully considered.
•Water access to the Site must remain.
Parking
:•Participants should consider the adequacy of parking for their development concept. There are approximately 1,270 surface parking spaces on Site shared between all users. An additional 5,150 surface parking spaces and 1,300 underground spaces are available at Exhibition Place immediately north of the Site. Parking at Exhibition Place is owned and operated by the City of Toronto
2�1Government Contributions
The Government of Ontario is committed to realizing a new future for this high-profile Site. Depending on the nature of what is being proposed, the Government is willing to offer support to its development partner(s) in one or more of the following ways:Non-financial Support:
•Support any necessary government approvals from all levels, i.e., municipally, provincially and federally.
•Work to increase accessibility to the Site, including improving transit connections and / or other infrastructure.
•In recognizing that the lease term may depend on the nature of the development concept and related capital investment, Participants may propose a term that they believe is required to facilitate their proposal. Proposed uses must be conducive to a lease arrangement, as the Government of Ontario will only consider concepts that can be implemented under such an arrangement. A land sale or transfer of ownership will not be considered
Financial Support:
•The Government of Ontario is committed to ensuring that the Site is ready for development. As land owner, the Province will take responsibility for ensuring that adequate utilities and services (electrical, sewer, waters systems) are provided to the Site and that any necessary soil management measures and / or remediation requirements to realize development are undertaken. This level of support, however, is dependent upon an appropriate development concept.
•The Government of Ontario has made a firm commitment to invest $10.9 billion to enhance transit access to the Site with the development of a new subway line and terminus serving the Ontario Place / Exhibition Place area. Construction is to be undertaken on an accelerated schedule, with the new subway line expected to be fully operational as early as 2027.
•The Government will not be making any financial contributions towards the design or construction of any proposed facilities. Proposals that require capital investments for planning, design or construction from the Government will not be considered. •The Government will not be making any financial contributions towards on-going operations or maintenance of any proposed facilities or programming.
•The Government will not be making any financial contribution to the design, construction or maintenance of any public or private realm that is part of the development concept.
•Development concepts should be commercially-viable and self-sustaining. Proposals that require operating grants or funding in any way (other than that set out above for site access and readiness) will not be considered
5.2.2TimelineMilestone
Release of Call for Development May 28, 2019
Submission Deadline Sept 3, 2019
Assessment and Due Diligence Sept - Nov 2019
Commercial Negotiations and Closing 2020
Site Uses:
•The areas available for development include the entirety of the East Island, the West Island, the mainland, the pod complex, and the Cinesphere cinema. There are no limitations on the use and / or retention of existing assets on Site, with the exception of the Budweiser Stage, as set out below.
•Proposals can request to develop all or a portion of the available Site.•The north and south marinas can be reconfigured, relocated and / or modernized as part of a development concept. Portions of the marina(s) may be removed, however, a marina use must be maintained somewhere on Site.
•Development of the land currently under lease to Live Nation Entertainment (Budweiser Stage area) will not be considered for the duration of their lease. (See below for more information on Live Nation Entertainment lease terms.)
•Across the Site, a minimum of 7.5 acres (3 hectare) of parkland must be provided. Concepts that propose the use of any part of Trillium Park will be required to replace this area with a new contiguous park space of an equivalent size elsewhere on the Site.
•Residential development or casino uses will not be permitted on the Site.
Leased Area:
•Participants may identify all or part of the Site (including the water area) as the leased area. Preference is for Submissions that are comprehensively planned and utilize the entire Site. Refer to Figure 1 for general boundaries of the Leased Area
.Public Access:
•There is no requirement for unrestricted public access. If necessary, access to all or portions of the Site can be controlled and should reflect the commercial requirements of the individual Submissions
.•Depending on the nature of the proposed concept, the Government may be willing to undertake site access enhancements.
Live Nation Entertainment Lease Terms:
Live Nation Entertainment (“LNE”) is one of the world’s leading live entertainment companies, event promoters and venue operators.LNE operates the 16,000 seat event facility (Budweiser Stage) on the Centre Island, hosting more than 50 events a year and welcoming more than 650,000 visitors annually. New in 2019 is the addition of The Lakehouse. A year-round premium lounge located within the Budweiser Stage. LNE operates on Site pursuant to a long-term lease, which if all options are exercised, could extend to 2030. Among other provisions, the lease:
•provides for non-exclusive use of common elements on the East Island to enable safe access for patrons to and from the Budweiser Stage;•exclusive use of specific areas of the East Island from approximately two hours before gate opening for the duration of an event;
•prevents any activities that may be visually or audibly disturbing to, or that might otherwise interfere with, performers or an audience;•requires at least 1,200 parking spaces to be maintained; and
•restricts certain types of events, including commercial contemporary music events, from occurring without Live Nation’s consent across all of Ontario Place.In addition to the leased areas identified above, LNE executes additional live-events on the East Island from time to time through rental agreements, including at Echo Beach.More information on the lease terms is available in the data room. Participants are welcome to engage with representatives from Live Nation Entertainment if the scope and / or scale of their development concept would benefit such discussions with adjacent tenants.
Water:
•Submissions that propose modification to areas of water will be considered, however, modifications should be sensitive and carefully considered.
•Water access to the Site must remain.
Parking
:•Participants should consider the adequacy of parking for their development concept. There are approximately 1,270 surface parking spaces on Site shared between all users. An additional 5,150 surface parking spaces and 1,300 underground spaces are available at Exhibition Place immediately north of the Site. Parking at Exhibition Place is owned and operated by the City of Toronto
2�1Government Contributions
The Government of Ontario is committed to realizing a new future for this high-profile Site. Depending on the nature of what is being proposed, the Government is willing to offer support to its development partner(s) in one or more of the following ways:Non-financial Support:
•Support any necessary government approvals from all levels, i.e., municipally, provincially and federally.
•Work to increase accessibility to the Site, including improving transit connections and / or other infrastructure.
•In recognizing that the lease term may depend on the nature of the development concept and related capital investment, Participants may propose a term that they believe is required to facilitate their proposal. Proposed uses must be conducive to a lease arrangement, as the Government of Ontario will only consider concepts that can be implemented under such an arrangement. A land sale or transfer of ownership will not be considered
Financial Support:
•The Government of Ontario is committed to ensuring that the Site is ready for development. As land owner, the Province will take responsibility for ensuring that adequate utilities and services (electrical, sewer, waters systems) are provided to the Site and that any necessary soil management measures and / or remediation requirements to realize development are undertaken. This level of support, however, is dependent upon an appropriate development concept.
•The Government of Ontario has made a firm commitment to invest $10.9 billion to enhance transit access to the Site with the development of a new subway line and terminus serving the Ontario Place / Exhibition Place area. Construction is to be undertaken on an accelerated schedule, with the new subway line expected to be fully operational as early as 2027.
•The Government will not be making any financial contributions towards the design or construction of any proposed facilities. Proposals that require capital investments for planning, design or construction from the Government will not be considered. •The Government will not be making any financial contributions towards on-going operations or maintenance of any proposed facilities or programming.
•The Government will not be making any financial contribution to the design, construction or maintenance of any public or private realm that is part of the development concept.
•Development concepts should be commercially-viable and self-sustaining. Proposals that require operating grants or funding in any way (other than that set out above for site access and readiness) will not be considered
5.2.2TimelineMilestone
Release of Call for Development May 28, 2019
Submission Deadline Sept 3, 2019
Assessment and Due Diligence Sept - Nov 2019
Commercial Negotiations and Closing 2020
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