A City of Toronto staff report going before the General Government and Licensing Committee on September 14 provides an update on the ongoing Union Station Revitalization Project and the impact of COVID-19 as the City and partners continue to work toward project completion this year.
The project, now in its tenth year, is one of the most complicated projects in Canada, with the station continuing to operate as the country’s busiest transportation hub throughout construction. Built in 1927, there are also significant complexities around infrastructure and historical significance that must be worked through.
The report notes that the project is progressing within the approved budget, but with risks to the completion schedule. Earlier contractor performance issues and the recent impacts of the COVID-19 pandemic – including physical distancing requirements and limited construction crews – have caused delays in opening additional retail space and completing Bay Concourse renovations. The team is requesting four contract amendments to ensure the project is completed as intended; amendments do not increase the approved project budget of $824 million.
The revitalization team is working with stakeholders, including Metrolinx and retail developer Osmington, to expedite ongoing construction and complete the Union Station Revitalization Project this year. Once complete, the Bay Concourse will be handed over to Metrolinx and retail space handed over to Osmington to complete retail tenant work prior to public opening.
When fully complete, Union Station will have more than 160,000 square feet of retail space. Twenty per cent of the total retail space is now fully leased and operational. The retail component has driven financial benefits for the City, allowed for art and cultural partnerships, and been well received by travellers and residents.
The Union Station Revitalization Project – Status Report and Contract Amendments are available online.
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 the City’s website or follow us on Twitter, Instagram or Facebook.