Waterfront Toronto together with the TTC and the City of Toronto began an Environmental Assessment (EA) in March 2006 to determine the appropriate transit facilities for East Bayfront and future waterfront communities in the Port Lands. The study, which was designed to analyze the long term residential, employment, tourism and waterfront access needs for the area, began as an Individual EA for the entire eastern waterfront and was converted to a Class EA process specific to East Bayfront transit in October 2007.

Queens Quay is the main east-west thoroughfare along the waterfront and as such, it will be the "main street" for the new East Bayfront community.

Corus Quay, the corporate headquarters for Corus Entertainment, is a 46,500 square metre (500,000 square foot) office and broadcast centre located at the water’s edge in East Bayfront.
 

The iconic building was developed by  the Toronto Port Lands Company (TPLC) formerly TEDCO, the City of Toronto’s Economic Development Corporation, and is owned by H&R REIT.
 

Monde Condominiums (formerly the Parkside development) located north of Queens Quay, just east of Sherbourne Common, was the first private sector development in East Bayfront. Developed by Great Gulf and designed by world-renowned architect Moshe Safdie.