Historic Toronto Coach Terminal to Become Vibrant Mixed-Use Development

Toronto, ON – The City of Toronto and CreateTO have announced an ambitious redevelopment plan for the decommissioned Toronto Coach Terminal at 610 Bay St. and 130 Elizabeth St., selecting Kilmer Group and Tricon Residential as the preferred development partners. This transformation will see the historic site evolve into a mixed-income, mixed-use community designed to address affordable housing, healthcare, and sustainability needs.

The development will feature two purpose-built rental towers providing 873 homes, including 290 affordable rental units. Designed by the acclaimed architectural teams of Studio Gang, architects-Alliance, Smoke Architecture, and CCxA, the project embraces the Indigenous principle of the Seven Directions, emphasizing community, sustainability, and connection.

Key Features of the Redevelopment

• Affordable Housing Focus: Partnerships with organizations such as the University Health Network, Woodgreen Community Services, and the Hospital Workers’ Housing Co-operative will ensure housing for essential workers and vulnerable populations.
• Heritage Conservation: The iconic Toronto Coach Terminal building will undergo adaptive reuse, blending historical preservation with modern functionality.
• Paramedic Services Hub: A new 23,000-square-foot facility will support emergency medical services in nearby neighborhoods.
• Healthcare Innovation: The University Health Network plans to operate a cutting-edge organ repair center on-site.
• Public Spaces: A central plaza will create a tree-lined urban oasis with ‘outdoor rooms’ for community interaction.

The development will also incorporate a geothermal district energy system, adhering to Toronto Green Standard and Zero Carbon Building Design Certification guidelines, highlighting its commitment to sustainability.

Timeline and Background

Construction is scheduled for completion in early 2029 for the Bay Street site and 2030 for the Elizabeth Street property. This initiative is part of the City’s ModernTO program, which repurposes underutilized municipal sites to address pressing urban needs such as housing and infrastructure.

Mayor Olivia Chow highlighted the project’s transformative potential, noting its ability to address the housing crisis while celebrating the city’s heritage and Indigenous principles.

For more details on the redevelopment, visit CreateTO’s website.