705 Warden Avenue and 777 Victoria Park Avenue
Development partners have been selected for Ward 20’s two Housing Now sites that will provide a mix of market and affordable rental units built on City-owned properties. These affordable homes will provide a range of housing options for a variety of incomes and needs to Toronto residents working in professions such as early childhood educators, construction labourers, or registered practical nurses.
Following an extensive RFP process 705 Warden Avenue has been awarded to Greenwin Holdings Inc. and KingSett Affordable Housing LP. The development will include the expansion of Warden Hilltop Park, the renaturalization of land adjacent to Taylor Massey Creek, new public streets, improvements to the public realm, additional retail space as well as a new child care centre.
777 Victoria Park Avenue has been awarded to Alterra Group of Companies and Mahogany Management. The development will also deliver a new child care centre, retail and community space, new publicly accessible open space as well as improvements to the public realm. Across these two Housing Now sites, the developer partners will build more than 1,100 new rental homes, of which nearly 530 will be affordable.
I look forward to hosting future community meetings with City planning and the development partners as their site plan applications are submitted for City review and analysis.