In a significant move to reshape urban living, the Government of Ontario has announced plans for six new transit-oriented communities (TOCs) across Toronto and Scarborough. These communities are designed to integrate residential, commercial, and transit spaces, making life more convenient for residents while also reducing the cost of infrastructure. Let's delve into what these TOCs mean for the commercial construction industry.
Five of these communities will be located along the future Ontario Line, including:
- Cosburn TOC: will add 620 new housing units
- Gerrard-Carlaw South TOC: will add 1,310 new units
- Pape TOC: will add 440 new housing units
- Thorncliffe Park TOC: will add 2,660 new units
- Eastern Avenue TOC: will contribute 140 units
The sixth TOC, Lawrence East, will be situated near the future Lawrence Station on the Scarborough Subway Extension. This community will offer around 770 new residential units, retail and office spaces, and an underground parking facility.
"We know the Greater Toronto Area needs more housing, and as part of the government's plan to deliver an expanded transit network, we are seizing a once-in-a-generation opportunity to build vibrant, mixed-use communities that will bring more housing options, jobs, retail and commercial spaces, as well as community amenities, like parks and libraries, close to transit. These new communities will lower the cost of building infrastructure for taxpayers, while making it faster and easier for everyone to access public transit and everyday conveniences, right in their own neighborhoods."
Minister of Infrastructure | Kinga Surma
The sheer scale of these projects offers a plethora of opportunities for the commercial construction industry. From high-rise residential buildings to retail spaces and office complexes, the scope is vast. The TOCs are not just about housing; they will include new retail, office, and commercial spaces, which means a variety of construction jobs will be up for grabs.
Ontario Newsroom states that one of the most significant advantages of TOCs is the cost-saving aspect on infrastructure. By integrating residential and commercial spaces with transit hubs, the need for separate infrastructure diminishes. This is a win-win situation for both the government and the construction industry, as projects can be more streamlined and cost-effective.
Before these TOCs become a reality, the province will seek feedback from the public, stakeholders, and Indigenous partners. This is an excellent opportunity for construction firms to engage in the planning process, offering insights and potentially influencing the project's direction.
The Ontario government has plans for eight more TOCs along the new Ontario Line and Yonge North Subway Extension. These future projects will create approximately 77,000 new jobs and around 48,000 new residential units. For the construction industry, this means sustained growth and job opportunities for years to come.
The announcement of these six new TOCs is a game-changer for urban development in Ontario. For commercial construction professionals, this is the time to gear up for projects that will not only enhance the cityscape but also offer sustainable solutions for urban living.
Call to Action: Are you in the commercial construction field? Now's the time to get involved. Whether it's bidding for a project or contributing to the public consultation process, your expertise is invaluable for shaping these transit-oriented communities. Don't miss out on this golden opportunity to be part of building Ontario's future.