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Development News

212-spot Harbourfront parking lot closes, to be replaced by 302-spot underground facility

Last Sunday, the parking lot between York Quay and Queen's Quay closed, the first step in the process that will see its 212 spots replaced by 302 underground spots on three levels.

York Quay Phase II, as the 1.4-hectare project's called by Waterfront Toronto, is one part of the larger scheme that will see the waterfront from east to west transformed, mostly in time for the Pan-American Games in 2015.

"We're burying the lots," says Waterfront spokeswoman Samantha Gileno, "and there will be a public space fronting the lake called Canada Square, and there are plans for a retail cultural village, and a plaza space that will be a new front door for Harbourfront."

Though signs posted at the site say construction was meant to have started in March, there was some delay in organizing funding, which will be coming from both Harbourfront as well as the federal government, the latter of which has committed $25 million to the project. The delay has pushed the project back to the fall, with an expected completion sometime in 2011.

Writer: Bert Archer
Source: Samantha Gileno

Do you know of a new building going up, a business expanding or being renovated, a park in the works or even a cool new house being built in the neighbourhood? Please send your development news tips to bert@yongestreetmedia.ca.

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