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Ontario Place Revitalization PPP Project in Toronto

Sector: Residential • Location: Ontario, Canada

Source: InfraPPPWorld

Project
Closed

The project scope involves the redevelopment of a 155 acre waterfront property called Ontario Place in the heart of Toronto.Currently, the site features entertainment, park, marina, etc.The private partner will deliver transformational change, aligned with the Government’s vision for the Site as a world-class, year-round destination with global appeal – attracting millions of local, provincial, na

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The project “Ontario Place Revitalization PPP Project in Toronto” is an infrastructure initiative in the Residential sector, located in Ontario, Canada. Taiyo aggregates data on it from InfraPPPWorld.

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Description

Description

The project scope involves the redevelopment of a 155 acre waterfront property called Ontario Place in the heart of Toronto.Currently, the site features entertainment, park, marina, etc.The private partner will deliver transformational change, aligned with the Government’s vision for the Site as a world-class, year-round destination with global appeal – attracting millions of local, provincial, national and international visitors to its landmark entertainment, sports, commercial, recreation and/or leisure attractions. The Site includes up to 68 acres of land and 87 acres of water, which provides the rare opportunity to comprehensively develop and reinvent the entire Site.Development concepts are encouraged to be ambitious and based on the following parameters:Proposals may be for a portion of the Site or for the entire Site.Across the Site, a minimum of 7.5 acres of parkland must be provided. Submissions that propose the use of any part of the existing Trillium Park will be required to develop new park space of equivalent size.Other than residential development and casino uses, which will not be considered, there are no limitationson proposed land uses.Proposals that require building capital or operating grants from the Government will not be considered.Reconfiguration of the Site and/or adaptive re-use of existing structures may be contemplated.

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Source reliability

High

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