Developed by Urban Capital, the $300 million project will be located in the north eastern quadrant of the neighbourhood. River City’s five buildings will include more than 900 loft-styled condominium and townhouse units as well as boutiques, stores and restaurants, to be built out in four phases. River City has a range of beautifully designed suites and amenities that include stunning landscaping throughout the complex, an outdoor pool and dining area, a two-storey glass “lightbox” lounge and party room, two fully-equipped exercise rooms and a furnished guest suite. Phase one is now under construction with occupancy planned for early 2013.

Sales have launch for the second phase of River City which includes 248 units contained in

three connected 12-storey mini towers. Phase two’s sleek white exterior is designed to be a dramatic contrast to the edgy dark exteriors of buildings in the project’s first phase.

Designed by Saucier + Perrotte Architects and ZAS Architects, two of Canada’s most respected and award-winning design firms, River City’s buildings will be like no other buildings in Toronto. The development will be an innovative, environmentally friendly collection of bold forms and inventive spaces. River City was named the 2010 Best Hi-rise Building by BILD, the Building Industry and Land Development Association.

In keeping with Waterfront Toronto’s sustainable development goals, River City will be a LEED Gold carbon-neutral development, the first such residential building in Canada. Buildings will have green roofs, and the development will feature a hybrid car and bike share program, plus parking garages will be wired for electric-car charging stations.

Urban Capital Development Group was chosen as Waterfront Toronto’s first private sector development partner in April 2008 following a competitive selection process. A two-stage request for qualifications and request for proposals process was conducted, guided by a Steering Committee composed of Waterfront Toronto staff and subject matter experts in design, sustainability, and real estate. The entire process was overseen by a Fairness Advisor, The Honourable Justice Coulter A. Osbourne.

Urban Capital was chosen because their submission best responded to Waterfront Toronto’s criteria for sustainability and design excellence. It also provided the best overall value. Their proposal also embraced Waterfront Toronto's public policy objectives of creating inclusive communities, reducing urban sprawl, taking a transit first approach and leveraging the use of parks and public spaces to create engaging new green urban neighbourhoods.
 

Montreal-based Saucier + Perrotte’s bold and innovative architectural designs have garnered the firm over 45 national and international awards, including five Governor General’s Awards for Architecture and was awarded “Best Firm in Canada” by the Royal Architectural Institute of Canada in 2009. Saucier + Perrotte is regarded by many to be the premier architectural design firm in Canada.

Toronto-based ZAS Architects has a long history in Toronto civic architecture, creating buildings that play key roles in bringing communities together.