News Release
February 21, 2020

The City of Toronto is partnering with the Urban Land Institute (ULI), along with the Tower Renewal Partnership, to host an advisory panel meeting that will explore scaling up retrofits of Toronto’s aging apartment towers. Experts from across North America who form the advisory panel will visit Toronto next week to learn about Toronto’s challenges, meet with stakeholders and host a discussion.

The advisory panel will review the lessons learned from the last 10 years of work on tower renewal and share their reflections. Panel members will focus on solutions that encourage broad investment in improving private apartment towers while maintaining affordability.

Members of the advisory panel will host a discussion at a free event on Friday, February 28 at Munk School of Global Affairs and Public Policy, 1 Devonshire Place. The event will be moderated by Deputy Mayor Ana Bailão (Ward 9 Davenport). Torontonians are encouraged to attend, registering in advance at https://toronto.uli.org/events/detail/B874834F-BCD8-42A4-B27C-CD6749FFA74A/.

The discussion will drive future work on tower renewal in Toronto and the results will be shared at ULI’s global spring meeting, which will be held in Toronto in May.

Quote:

“Retrofitting of our aging apartment towers is one of the biggest resilience challenges our city is facing today. More than 500,000 Torontonians live in more than one thousand highrise buildings that are at least 35 years old. I look forward to having a discussion on how we can best tackle this challenging, critical issue for Toronto.”
– Deputy Mayor Ana Bailão

ULI is a membership-based network of real estate and land use experts. The ULI Advisory Services Panel aims to help communities to find solutions to the most challenging development issues facing today’s urban, suburban, and rural areas.

Toronto is home to more than 2.9 million people whose diversity and experiences make this great city Canada’s leading economic engine and one of the world’s most diverse and livable cities. As the fourth largest city in North America, Toronto is a global leader in technology, finance, film, music, culture and innovation, and consistently places at the top of international rankings due to investments championed by its government, residents and businesses. For more information visit http://www.toronto.ca or follow us on Twitter at http://www.twitter.com/CityofToronto, on Instagram at http://www.instagram.com/cityofto or on Facebook at http://www.facebook.com/cityofto.

Ray Park
Strategic Communications
416-392-7542