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The Greater Toronto Area

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The Greater Toronto Area TheThe GreaterGreater TorontoToronto AreaArea “Canada’s“Canada’s EconomicEconomic Powerhouse”Powerhouse” AnAn OverviewOverview Think Canada, Think Strategically! • Canada is the 2nd largest country in the world at 9.98 million sq. km. • Canada’s Population is 32 million • The Greater Toronto Area is located in the Province of Ontario: Ontario population 12.5 million • Toronto is the capital of Ontario: Toronto Area population is over 5.5 million • Canada’s real increase in GDP: 2.8% in 2004 – the Toronto Region accounts for 20% of Canada’s GDP • Canada exports 80% of its goods to the USA Your destination for international competitiveness Source: www.canada.gc.ca , www.investincanada.gc.ca/en/1788/Canada_Facts.html Think Strategically, Think Toronto Region! Greater Toronto Area is the 5th Largest City-region in the US & Canada, after Los Angeles, New York, Chicago, and Washington. The GTA consist of 25 municipalities, including the City of Toronto and 4 regions. The GTA has a population of over 5.5 million. The area of the GTA is 7,000 Sq. Km. or 2,300 sq. miles. Your destination for international competitiveness Source: 2003 US Census Bureau Estimates, 2003 Municipalities’ Estimates, Greater Washington Initiative and 2003 Statistics Canada Toronto – Heart of the Toronto Region! Your destination for international competitiveness Oshawa –Eastern Gateway Your destination for international competitiveness Burlington – Western Gateway Your destination for international competitiveness Thinking of Investing in or Locating a Business in the GTA? Contact the GREATER TORONTO MARKETING ALLIANCE The Greater Toronto Marketing Alliance (GTMA) is a not-for-profit organization that acts as the key Free & confidential advisory services in: point of contact for prospective international • Corporate legal investors looking to expand or locate their business • Accounting & taxation in the Greater Toronto Area (GTA). • Immigration matters • Staffing and recruitment The GTMA: • Financial services • Real Estate • Is the single point of contact for the GTA • Provides economic, sectoral & community profile information For more information visit: www.greatertoronto.org • Presents the competitive business case for investing in the GTA GREATER TORONTO MARKETING ALLIANCE Suite 2107, Richmond-Adelaide Centre, • Provides introductions to public sector 120 Adelaide Street West, Toronto, ON M5H 1T1 officials and private companies Tel: 416-360-7320 Fax: 416-360-7331 • Coordinates meeting itineraries and Toll Free North America: 1-800-411-4428 visitation programs Toll Free International: 1-800-2255-4862 Email: [email protected] Your destination for international competitiveness Toronto Waterfront Revitalization Corp. • Established 2001 • Tripartite - Government of Canada, Province of Ontario, City of Toronto • Master developer, comprehensive integrated approach Vision - Overall Scope • 300 hectares of parks & public spaces • 40,000 new homes in mixed-use neighbourhoods • 1 million m2 employment space • Major cultural & recreational attractions • Expanded public transit Current Work • West Don Lands • East Bayfront • Port Lands • Parks & Public Realm West Don Lands - Opportunity West Don Lands – Key Elements • 9.3 hectares of parks and public spaces - 25% of precinct • 6,000 residential housing units; 1,200 affordable • One million sq ft commercial • Elementary School • Recreation and 2 childcare centres • Public transit < five minute walk • Bikeways, pedestrian connections • Flood protection • Sustainable development Built Form Implementation Phasing East Bayfront – Existing Conditions East Bayfront - Opportunity East Bayfront Precinct Plan Summary • 22.3 hectares • Continuous water's edge promenade • Well defined public realm - 20% of precinct • Year-round destinations • Low-scale development at water’s edge • Non-residential uses at grade • 4,040 market units; 1,260 affordable rental units • Strong commercial/cultural sector • Queens Quay – urban boulevard • Public transit < five minute walk Built Form Precinct Plan has a diversity of building types to assure: • Terracing of built-form to allow southerly orientation to the lake and sunlight for building faces • A building scale and formation to minimize wind effects on streets and public spaces • Tall buildings are located on a civic design basis, to signify “gateway” sites on major north/south streets, the entries to the precinct Pedestrian Protection and Micro-Climate • Pedestrian Strategy to promote year-round use • Deployment of building form and north/south terracing assures adequate sunlight to the public realm • Winds moderated by building height strategy and podiums on tall buildings • All-weather frontages, convertible colonnades Ground Floor Strategy • Objective to create an animated, public waterfront • Non-residential uses at grade for key frontages: ─ Buildings surrounding major parks and plazas ─ Queens Quay Boulevard and ─ Water’s edge promenade • Need for flexibility in both built form and zoning • Single entity control of ground floor spaces Port Lands Opportunity Planning Start Dates Investment Opportunities • West Don Lands Developer Proposal Call – RFP summer 2006 (Phase 1) – RFP winter 2007 (Phase 2) • East Bayfront Developer Proposal Call – RFP summer 2007 • District Energy • Infrastructure Development www.towaterfront.ca.
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