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October 23, 2013
How Does the City Grow: third annual development project review bulletin released
  
At yesterday's Planning and Growth Management Committee meeting, the City Planning Division presented "How Does the City Grow," an annual publication now in its third year, which provides an overview of development projects received by the City Planning Division between January 1, 2008 and December 31, 2012. The publication also illustrates how Toronto has grown since the Official Plan came into force in June 2006 and how it will continue to develop over time.

"Toronto is the focal point for growth and development in the GTA. Our vibrancy and diversity attract investment, and we have been successful in directing this into intensification of the city using our Official Plan," said Councillor Peter Milczyn (Ward 5 Etobicoke Lakeshore), Chair of the Planning and Growth Management Committee. "The city is home to almost 40 per cent of all residential units built from 2008 to 2012 in the GTA, and downtown accounts for about one quarter of all the office space currently under construction in Canada. This shows that Toronto has strong development prospects, bringing more people and jobs to the city."

Between 2008 and 2012, the City of Toronto received proposals for over 148,000 residential units and 4.25 million square metres of non-residential space, about 40 per cent of which is in the downtown.

Toronto's development industry is strong and continues to produce new projects. The majority of development proposed in the city is occurring in areas the Official Plan has targeted for growth. Since the Official Plan came into force, 82 per cent of the residential units proposed will be built in the downtown, in the four centres of Scarborough, Etobicoke, North York and Yonge-Eglinton, along the avenues and in other mixed-use areas of the city.

Approximately two-thirds of the non-residential space was also proposed in these same areas, with the remainder proposed in the employment districts or other employment areas, which the Official Plan also targets for growth.

The Official Plan's employment districts will help the city reach its forecasted growth potential by the year 2041; the employment districts have 1.1 million square metres of the non-residential space proposed.

This latest edition of How Does the City Grow, along with previous issues, can be found on the City of Toronto’s website at http://www.toronto.ca/planning/grow.htm.

To sign up for City Planning email updates, please visit http://www.toronto.ca/e-updates.

Toronto is Canada's largest city and sixth largest government, and home to a diverse population of about 2.8 million people. Toronto's government is dedicated to delivering customer service excellence, creating a transparent and accountable government, reducing the size and cost of government and building a transportation city. For information on non-emergency City services and programs, Toronto residents, businesses and visitors can dial 311, 24 hours a day, 7 days a week.




Media Contact
Bruce Hawkins
Senior Communications Co-ordinator, Strategic Communications
416-392-3496
bhawkin@toronto.ca

 

 

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