TORONTO — The Ontario government has launched an open market process to find a building partner for a transit-oriented community (TOC) at the Ontario Line’s Queen-Spadina station.
The TOC will result in about 214 new housing units and 60 new jobs, states a release.
The proposed 14- and 15-storey mixed-use residential towers will connect to the underground subway station on the Ontario Line and TTC streetcar service.
“The design will incorporate the architectural features of the existing building with the new transit hub, housing, office and retail space,” the province reports. “Residents will also benefit from over 215 spaces for bicycle parking, as well as convenient access to Kensington Market, Chinatown, concerts, sporting events and restaurants.”
Potential partners have until July 22 to submit an expression of interest through Infrastructure Ontario.
The Ontario government is planning TOCs at 12 future subway stations along the Ontario Line, Yonge North Subway Extension and Scarborough Subway Extension.
In total, these TOCs will create space for 56,000 new residential units, including affordable housing, as well as office and retail space to support approximately 75,000 new jobs, the province states.
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