Yonge-Dundas Project clears final legal hurdle|
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The Ontario Court of Appeal dismissed an application for a further appeal by
three land owners and gave the final go-ahead to the Yonge-Dundas Project. The
project will replace a run-down retail strip with an "urban entertainment
centre" and create Toronto's first new public square since Nathan Phillips
"The rebirth of downtown Toronto has begun," said
Councillor Kyle Rae.
"With today's decision, the square and entertainment centre
The entertainment centre, which is slated for the
will include restaurants, stores and a 30-screen theatre
The square is planned for the south-east corner of Yonge
An international architectural competition for the design
of the one-acre
square is currently underway. The square will be surrounded
square feet of new street-related retail stores framing the
three sides of
the square. Below the square will be 250 new parking
"I love this project!," said Mayor Mel Lastman, "It will do
for Toronto what
the clean-up of Times Square did for New York City. It will
greatest city in the world even greater."
"It's a terrific day for everyone associated with the
project and a terrific
day for Toronto," said Glenn Miller, President and C.E.O.
Management Corporation, the Toronto-based developer of the
"We have cleared the final legal hurdle" said City lawyer
of the law firm Borden & Elliot.
"This project has brought together a wide range of
and community associations, Ryerson Polytechnic University,
developer and city planners and councillors, said Rae. "It
much you can achieve when you put together a great team to
work on a
Construction of the Square will begin in January 1999.
|Gary Wright, Project Coordinator |
|Urban Planning and Development Services, City of Toronto |