Waterfront Toronto is the public advocate and steward of waterfront revitalization. Created by the Governments of Canada and Ontario and the City of Toronto, Waterfront Toronto is mandated to deliver a revitalized waterfront.
Following the release of the Toronto Waterfront Revitalization Task Force's report in March 2000, the three orders of government jointly announced their support for the creation of Waterfront Toronto (formerly Toronto Waterfront Revitalization Corporation) to oversee, lead and implement the waterfront’s renewal.
Formally created in 2001, Waterfront Toronto has a 25-year mandate to transform 800 hectares (2,000 acres) of brownfield lands on the waterfront into beautiful, sustainable mixed-use communities and dynamic public spaces.
The project is one of the largest infrastructure projects in North America and one of the largest waterfront redevelopment initiatives ever undertaken in the world. However, it is not just the sheer scale of the project that makes it unique. Waterfront Toronto is delivering a leading edge city-building model that seeks to place Toronto at the forefront of global cities in the 21st century.
A primary objective of waterfront revitalization is to leverage the infrastructure project to deliver key economic and social benefits that enable Toronto to compete aggressively with other top tier global cities for investment, jobs and people. To do this, Waterfront Toronto brings together the most innovative approaches to sustainable development, excellence in urban design, real estate development, and advanced technology infrastructure.
Discover how we are transforming the long neglected waterfront into our new blue edge.
Working with the community and public and private sector partners, the Corporation will create waterfront parks, public spaces, cultural institutions and diverse and sustainable commercial and residential communities. We will strive to ensure that Toronto becomes the city where the world desires to live.
To put Toronto at the forefront of global cities in the 21st century by transforming the waterfront into beautiful, sustainable new communities, parks and public spaces, fostering economic growth in knowledge-based, creative industries and ultimately: re-defining how the city, province and country are perceived by the world.
Waterfront Toronto's approach is strategic revitalization as opposed to simple real estate development.
Successful revitalization of our waterfront requires bringing together the most innovative approaches to sustainable development, excellence in urban design, real estate development, leading technology infrastructure and the delivery of important public policy objectives.
The revitalization of our waterfront represents an unparalleled opportunity to re-establish a positive and meaningful relationship with the waterfront and to transform the waterfront into a marvellous water-related public destination with vibrant public and cultural spaces capable of providing a variety of experiences and amenities. At the same time, the waterfront must be a highly local environment featuring dynamic, sustainable, mixed-use neighbourhoods with strong connections to adjacent communities. The quality of life experience on the waterfront will be geared to drawing a new generation of employment to it thereby to ensure that Toronto’s waterfront is recognized locally and internationally as a premier environment within which to live, work and play.
The revitalization of Toronto’s waterfront represents nothing less than an unprecedented opportunity to change, literally, the face of Toronto and ultimately, to re-define how the city, province and country are perceived by the world.