Master-Planned Community Proposed for Toronto’s Downtown Core
A rail corridor in downtown Toronto could see some much-needed life with the development of a proposed 16-acre master-planned community that would be home to 3,500 residential units and an elevated railway park. CRAFT Development Group, Kingsmen Group Inc and Fengate Asset Management announced their development partnership for the sprawling community, named the ORCA Project. If the project gets the green light, it would develop a mixed-use community consisting of high-rise residential, affordable housing, open green space, retail, and entertainment venues above 16-acres of rail corridor lands in downtown Toronto, south of Front Street and between Bathurst Street and Blue Jays Way.
CRAFT acquired the air rights for the site in 2013 from the Canadian National Railway and this development would be precedent setting in Canada, in terms of the size of the community efficiently created in previously unused space above rail corridor lands.
The master-planned community pays close attention to urban resident needs for convenience with transit, retail access, and dynamic public spaces including ample green space. With a focus on sustainability, the ORCA Project would also incorporate state-of-the-art technology in support of energy efficiency and a healthy environment throughout the complex.