Multitower Project Pushed for Downtown Toronto
A consortium of developers hopes to create a multitower, mixed-use project for a 16-acre rail corridor site in downtown Toronto, the Council on Tall Buildings and Urban Habitat reported on April 9. Under the proposal, the master-planned community would be home to 3,500 residential units, an office tower and an elevated railway park. Developers CRAFT Development Group, Kingsmen Group Inc. and Fengate Asset Management announced that, if approved, the development would cover a sprawling community named the ORCA Project. It would consist of high-rise residential towers, affordable housing, open green space, retail and entertainment venues in downtown Toronto. Documents submitted to the city show the ORCA Development including six residential towers plus a 36-story office building and approximately 48,499 ft2of retail space.