Plan to redevelop Canada's oldest public housing community approved.TORONTO -- Toronto City Council The Toronto City Council is the governing body of the city of Toronto, Ontario, Canada. Members represent wards throughout the city, and are known as councillors. approved amendments to the Official Plan and Zoning By-law that permits the redevelopment of Regent Park Coordinates:
Regent Park is a neighbourhood located in downtown Toronto, Ontario, Canada. , Canada's oldest public housing project into a mixed-use, mixed-income neighbourhood. The Toronto Community Housing Corporation Metro Toronto Housing Authority, or MTHA, was created in the late 1940s and early 1950s to deal with housing for the poor and to eliminate the development of slums in the City of Toronto and adjacent suburbs. will begin the first of six phases in the redevelopment of the 70-acre area which will be spread over 12 years. In the first stage Phase 1 demolition will begin in the autumn of 2005. The residents will be relocated to comparable housing in other TCHC TCHC Tri-City Homeless Coalition (Fremont, CA) locations. The total cost is estimated at $1 billion by TCHC in which the private sector and all three levels of government will participate. TCHC is looking to senior governments for just under $50 million for infrastructure and community facilities. TCHC will cover the $412-million cost of replacing all its 2,083 units of social housing and to contribute to a central energy system. Real estate developers are expected to invest $500-million in market oriented o·ri·ent n. 1. Orient The countries of Asia, especially of eastern Asia. 2. a. The luster characteristic of a pearl of high quality. b. A pearl having exceptional luster. 3. units. The Regent Park Revitalization re·vi·tal·ize tr.v. re·vi·tal·ized, re·vi·tal·iz·ing, re·vi·tal·iz·es To impart new life or vigor to: plans to revitalize inner-city neighborhoods; tried to revitalize a flagging economy. Plan has been worked out in consultation with the community services and the government for future generations. The plan includes: * residential, commercial, community and institutional space, * market and social housing, including at least a minimum of 300 affordable ownership homes, * the integration of rent-geared -to income and affordable market units within buildings, * restoring the historic street pattern, thereby integrating the area with the city. All relocated residents are guaranteed the right to return to rent-geared to income housing in Regent Park. 416-981-4349 |
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