Introduction

Get ready, Toronto! The iconic former downtown Toronto Coach Terminal is set for a spectacular transformation into a vibrant mixed-use property that will not only preserve its rich history but also provide ample affordable housing and essential services for the community.

Project Overview

As part of the City of Toronto's ambitious plans, the site at 610 Bay Street and 130 Elizabeth Street will see new life breathed into it, with the Kilmer Group and Tricon Residential spearheading the project. Exciting new renderings have just been unveiled, showcasing the vision for this historic location.

Historical Significance

For nearly 90 years, the Art Deco building at the corner of Bay and Dundas streets served as a bustling bus terminal before being added to the city’s heritage registry in 1987. Its significance in Toronto's architectural landscape is being honored as it transitions into a space that meets today’s needs.

Features of the New Development

What can we expect from this groundbreaking project? A stunning combination of two towers – a 16-storey and a 41-storey building – will rise at the site, providing a total of 873 purpose-built rental units, with 290 of those designated as affordable. This development also includes a substantial 23,000-square-foot paramedics multi-hub and a state-of-the-art organ repair center operated by University Health Network, focusing on critical transplants for heart, lung, and liver patients. Amazingly, the project will incorporate adaptations of the heritage bus terminal and shed, keeping the spirit of the past alive within a modern context.

Public Space and Design

Connecting the two towers will be a beautifully designed public plaza, featuring a series of outdoor rooms that encourage interaction and community engagement. The creative minds behind the design—Studio Gang, architects-Alliance, Smoke Architecture, and CCxA—are rooted in Indigenous principles, emphasizing the Seven Directions while paying homage to the terminal's historical significance.

Mayor's Statement

Mayor Olivia Chow has expressed her enthusiasm about the project, stating, 'This project sets a high bar for how we can build more homes, while celebrating our City’s history and embracing Indigenous knowledge as we build new communities.' The City of Toronto aims to create a community-centric space that invigorates the surrounding area with tree-lined public spaces that promote connectivity.

Timeline for Completion

The timeline for this immersive redevelopment is equally promising. Construction work is slated to commence, with plans to begin leasing rental homes at 610 Bay Street by the first quarter of 2029. Following that, the completion of the project at 130 Elizabeth Street is anticipated for the next year.

Community Anticipation

Toronto residents eagerly await the rebirth of this historic site, which promises to blend the past and the future, provide affordable housing, and enhance urban living for everyone. Stay tuned as this captivating redevelopment journey unfolds!