Mixed Use610 Bay Street
City Council unanimously approves ModernTO plan
City Council unanimously adopted ModernTO, which sets out a new approach to optimize the City’s real estate assets while helping the City modernize its office space and save money, at its October 29, 2019 meeting.
The office optimization plan – developed by CreateTO in partnership with the City’s Corporate Real Estate Management (CREM) group – is a five-year, self-funded strategy that will reduce and revitalize the City’s office footprint through the reduction of third-party leases and the co-location of staff. In addition to reducing City office locations from 52 to 20, the plan is meant to achieve a modernized way of working for staff, while creating a more collaborative and efficient workplace.
ModernTO is the first application of the City-Wide Real Estate Strategy, which was also outlined in the staff report adopted by Council on October 29.
To view the staff report, click here.
About this project
Economic Development
610 Bay StreetProject current phase Pre-development
Located in ward University-Rosedale
Reimagining the Toronto Coach Terminal site at 610 Bay Street presents an exciting opportunity to preserve a heritage asset while enabling the delivery of affordable housing and other city-building benefits.
Economic Development
277 Victoria StreetProject current phase Pre-development
Located in ward Toronto Centre
Steps away from Yonge-Dundas Square, the site at 277 Victoria Street will be repurposed to support city-building priorities including new affordable housing, while also benefiting Toronto Metropolitan University (TMU) and its long-term growth plans.
Economic Development
931 Yonge StreetProject current phase Pre-development
Located in ward University-Rosedale
931 Yonge Street is proposed to be repurposed as a mixed-income, mixed-use, high-rise development that will accommodate 250 new homes, including affordable ownership housing, with enhanced public realm opportunities.
Economic Development
1900 Yonge StreetProject current phase Pre-development
Located in ward Toronto-St. Paul's
The initial vision for 1900 Yonge Street includes a high-rise mixed-use residential development incorporating affordable rental housing, replacement office space, the adaptive re-use of heritage assets and a signature park and amenity space for this growing community.
Economic Development
95 The EsplanadeProject current phase Pre-development
Located in ward Spadina-Fort York
Freeing up the first-floor office space of 95 The Esplanade enables us to repurpose the space for City services, entrepreneurship or incubator space, or for a not-for-profit below market rent tenant.
Economic Development
75-81 Elizabeth StreetProject current phase Pre-development
Located in ward Spadina-Fort York
The preliminary vision for 75-81 Elizabeth Street includes a mixed-use, high-rise building with residential, commercial, community uses, public realm improvements and new parkland, as well as civic and institutional uses.
Economic Development
33 Queen Street EastProject current phase Pre-development
Located in ward Toronto Centre
The future redevelopment of 33 Queen Street East will seek to facilitate multiple city-building benefits including affordable housing, office and employment uses, public realm improvements, replacement parking and the protection of valuable heritage assets.
Economic Development
18 Dyas RoadProject current phase Pre-development
Located in ward Don Valley East
The site at 18 Dyas Road is proposed to be re-purposed for new City uses with a Paramedics Multi-Function Station Hub as the primary use, and a fuel station to be relocated from Oriole Yards to allow for more affordable housing units at that site.
Related Stories
Media Coverage, Project UpdatesNovember 22New development for Toronto’s old bus terminal includes housing for health care workers(Opens in a new window)Media Coverage, Project UpdatesNovember 22The City plans to turn the former Bay Street bus terminal into a mixed-income, mixed-use development that reserves some of its affordable units for first responders and health-care workers, the mayor announced Thursday.- News Releases, Project UpdatesNovember 21City of Toronto and CreateTO announce development partners and vision for the historic Toronto Coach Terminal site(Opens in a new window)News Releases, Project UpdatesNovember 21Today, the City of Toronto and CreateTO announced the Kilmer Group and Tricon Residential (Kilmer-Tricon) as the preferred proponents for the redevelopment of the City-owned sites at 610 Bay St. and 130 Elizabeth St. – home to the decommissioned Toronto Coach Terminal.
Project UpdatesNovember 21Reimagining the Toronto Coach Terminal Site at 610 Bay StreetProject UpdatesNovember 21On November 21, 2024, CreateTO, on behalf of the City of Toronto, announced the Kilmer Group and Tricon Residential (Kilmer-Tricon) as the preferred proponent team to reimagine the ModernTO site at 610 Bay Street and 130 Elizabeth Street, the former home of the Toronto Coach Terminal.
News Releases, Project UpdatesSeptember 18, 2019ModernTO plan optimizes the City’s real estate assets to unlock cost savings and city-building opportunities(Opens in a new window)News Releases, Project UpdatesSeptember 18, 2019A report going to the CreateTO Board on September 24 sets out an office portfolio optimization plan – the first phase of the City-Wide Real Estate Portfolio Strategy.