Saturday, March 8, 2008

Toronto is set to take the next step in transforming “some of the best real estate in Canada”

Waterfront Toronto is now turning its attention to two additional sections called Parkside and Bayside, worth about $1-billion, to the east of Dockside. The agency will release a “request for a qualifications” on Friday, in the hopes of shortlisting a team of developers and architects who will then be asked to submit a detailed designed proposal. A winner will be announced by the end of the year.

Developers from as far away as the Middle East, Australia and the United Kingdom, along with local talent, have already expressed an interest in Bayside and Parkside, Mr. Campbell told reporters today.

“We think this is probably some of the best real estate in Canada, so it deserves a real good look from developers around the world,” he said.
Waterfront Toronto has not stipulated how much of East Bayfront.

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