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  Fact sheet: Toronto Waterfront Revitalization
   
November 1, 2001

Subway platform expansion at Union Station   Front Street Extension and Interchange with the F.G. Gardiner Expressway
Restoration of the Mouth of the Don River   Governance Structure for Waterfront Toronto
Toronto Port Lands and West Don Lands   Waterfront Toronto - Figures

The scale of the project proposed would be the city's largest-ever construction project and result in:

  • Ten million square feet of new commercial and industrial space equal to the floor space of five SkyDomes

  • 74 hectares (183 acres) of new parkland

  • up to 35,000 new permanent jobs

  • 165,000 person-years of employment during construction

  • new homes for 68,000 people, at least one-quarter of which would be affordable rental and low-end-of-market housing

  • $100 million in new annual property tax revenue (based on current tax rates)

  • two million more visitors to Toronto each year - an increase of 10 per cent

  • $800 million in transit improvements

  • 100,000 additional TTC trips per day, an eight per cent increase in overall TTC ridership – equivalent to two new 504 King streetcar routes

  • $170 million to extend Front Street west from Bathurst Street to Dufferin Street with a new Gardiner Expressway interchange west of Strachan Avenue

  • $60 million to begin cleanup of contaminated soil and ground water in the Port Lands area

  • $58 million to expand and improve public transit facilities at Union Station

  • $2 million to begin cleanup of contaminated soil and ground water, enhance flood protection and restore the habitat of the mouth of the Don River
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