Dream and Great Gulf Join Forces for Toronto Quayside Development
1.3 min read
Dream Unlimited and Great Gulf Group will soon join forces to spearhead the redevelopment of the high-profile Quayside site on Toronto's waterfront. The two firms were selected amongst four finalists to negotiate development plans for the 12-acre site with Waterfront Toronto.
Situated along Parliament Street and Lakeshore Boulevard East, the site was formerly the home of docks and industrial buildings. A vision to create the first all-electric, net-zero, 3.4 million square foot master-planned community was among some of the proposal's highlights. The proposed project will also comprise; five towers, including Canada's largest residential mass timber building, 800 affordable housing units, a two-acre forested greenspace, an urban farm, and a community care hub that will offer residents a wide range of wellness programs.
Following the announcement, Michael Cooper, Chief Responsible Officer of Dream, stated, "With Quayside, Waterfront Toronto has created the greatest opportunity for impact development in the country, and we believe that the partnership is ideally suited to deliver on this opportunity."
Learn more about the Quayside redevelopment.
Reference
Waterfront Toronto picks dream, great gulf for quayside development: RENX - real estate news exchange. RENX. (2022, February 16). Retrieved February 17, 2022, from https://renx.ca/waterfront-toronto-picks-dream-great-gulf-for-quayside-development/
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