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October 9, 2001
City of Toronto launches plan to transform central waterfront
Today, Chair of the Waterfront Reference Group Councillor Joe Pantalone
released the City's draft plan to renew the central waterfront. Making Waves:
Principles for Building Toronto's Waterfront puts forward "23 Big Moves" for
successful renewal of the 10-kilometre area between Dowling and Coxwell
Avenues. The Big Moves include a grand waterfront boulevard for Lake Shore
Boulevard, a series of new waterfront communities, a spectacular pier and
public plaza at the foot of Yonge Street and new parks for the East Bayfront,
Port Lands and Fort York.

"Waterfront renewal is a great opportunity for our city economically, socially
and financially," said Councillor Joe Pantalone, who is also Chair of the
City's Planning and Transportation Committee. "We have started down a road that
is going to make a difference to people for generations to come. The Central
Waterfront Plan is the next step on this exciting journey."

Renewing Toronto's waterfront represents an investment in the future of
Canada's largest city and an important means of achieving key social, economic
and environmental objectives. Each of the three levels of government has
committed $500 million - $1.5 billion in total- to the initiative.

"Toronto is demonstrating the smart sustainable way to grow urban centres in
this plan," said Councillor Pantalone.

Members of the public are encouraged to comment on the Central Waterfront Plan
in community meetings to be held in November. Following public consultation,
the report will be presented to the Waterfront Reference Group, the Planning
and Transportation Committee and Council for approval.

While City Council maintains authority over all land use decisions, the Toronto
Waterfront Revitalization Corporation headed by Robert Fung is responsible for
overseeing the renewal of Toronto¬°¦s waterfront over the next 20 years in
consultation with the three governments. In the coming months, the corporation
will develop a comprehensive business strategy for waterfront renewal that is
consistent with the Central Waterfront Part II Plan. The City will then work
with the corporation, major stakeholders and the public to develop
area-specific precinct development strategies that detail street and block
patterns, building heights, urban design and housing targets.

Community meetings are scheduled for November 5, 13, 15 and 17, 2001 in each of
four city districts. The location of the meetings will be announced shortly.

Making Waves: Principles for Building Toronto's Waterfront will soon be
available in PDF file format on this site

Backgroun d: Governance structure for Toronto waterfront revitalization
Fa ct sheet: Toronto Waterfront Revitalization
Fact sheet: Waterfront Revitalization Chronology

Media Contact
Councillor Joe Pantalone
Councillor Ward 19



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