First Capital submits proposal for master-planned Toronto neighbourhood

0
50

Ontario Construction News staff writer

First Capital Realty has submitted an official plan application to the City of Toronto for its 28-acre site at Park Lawn Rd.

The development site at 2150 Lake Shore Blvd. W. at Park Lawn Road.  First Capital and its partner acquired the development site in 2016.

The proposal includes seven million sq. ft. of density comprised of one million sq. ft. of retail, office and service-based uses and six million sq. ft.  of residential. Importantly, more than 25 per cent of the site has been dedicated to parks and open community gathering areas.

First Capital’s urban planning and development team includes UK-based, master-plan architects Allies and Morrison, which will transform the site “into an exciting, sustainable and thriving urban neighbourhood,” according to a First Capital’s statement.

The proposal also includes a new GO Station, TTC bus and streetcar service on-site and a significant investment in road infrastructure. The company is engaged in ongoing discussions with Metrolinx regarding the proposed GO Station.

LEAVE A REPLY

Please enter your comment!
Please enter your name here

This site uses Akismet to reduce spam. Learn how your comment data is processed.