An aerial photo of the Quayside Development Area


The Quayside development area is bounded by 
Bonnycastle Street in the west from
Queens Quay East north to Lake Shore Boulevard,
and the Victory Soya Mills Silos in the east,
from Lake Shore Boulevard south
to Lake Ontario and the Water’s Edge. 

Quayside will be a dynamic, inclusive and resilient community that plays a pivotal role in reorienting the city towards Lake Ontario.

This area of our waterfront represents an extraordinary opportunity to create one of Canada’s most sustainable low-carbon communities, serving people of all ages, backgrounds, abilities and incomes. A place that is inviting and lively year-round, providing retail, restaurants, entertainment and cultural experiences to seamlessly fuse the city to the water. 

Quayside is a 4.9-hectare area of land at the foot of Parliament Street. It’s well positioned to be a vibrant hub, linking St. Lawrence, the West Don Lands, the Distillery District, Bayside, and the future Villiers Island. Quayside is the geographic heart of this cluster of neighbourhoods and the gateway to the Parliament Slip, and will help the area become more than the sum of its parts.

On March 10, 2021, Waterfront Toronto initiated its search for a development partner for Quayside. The first step was to issue a Request for Qualifications (RFQ) to identify potential development proponents with the necessary experience, design portfolio and financial resources. You can read this backgrounder for more information about the RFQ or download the RFQ and addenda here.


From the pool of firms that responded to the RFQ, Waterfront Toronto selected four proponents to participate in a second stage and submit full proposals for the development of Quayside through a Request for Proposals process. On February 15, 2022, Waterfront Toronto announced the selection of Quayside Impact Limited Partnership – led by Dream Unlimited and Great Gulf Group – as the Preferred Proponent to develop Quayside and negotiations on a project agreement are underway. 

Quick Facts


Quayside is an approximate 4.9 hectare (12 acre) development area situated along Toronto’s waterfront, within walking distance of the vibrant central business district.


1.5 km from Toronto’s downtown

The proposal from the Dream and Great Gulf team was most strongly aligned with our requirements and what we heard from the public in terms of priorities. Among the highlights, the proposal includes more than 800 affordable housing units, with a strong emphasis on family-sized units, with many delivered in the earliest stages. The proposal also includes a two-acre forested green space and a significant urban farm atop one of Canada’s largest residential mass timber buildings – all in addition to Silo Park and the public realm to be delivered by Waterfront Toronto. Quayside will demonstrate climate leadership as Canada’s first zero-carbon neighbourhood at this scale (3.4 million square feet). And, a multi-arts venue bringing together space for the performing arts, Indigenous centered cultural celebrations and flexible education space.


The project agreement is expected to be completed in fall 2022, at which time more information will be shared with the public. Like all projects, the development will be subject to municipal approvals, including development approvals as well as review by Waterfront Toronto's Design Review Panel and public consultation.