May 22, 2014
The first phase of the revitalization of Alexandra Park has begun! There are few opportunities left in downtown Toronto where redevelopment can actually change the streetscape of the city. The revitalization of Alexandra Park promises to be one of the most profound – if development goes through as planned, Augusta Ave. one of the few gateways to Kensington Market will be extended through the development allowing through traffic to extend from Queen W. up to College. In addition, more storefronts will be built along the south side of Dundas St. W. as part of the mid-rise market condominium units slated for the location, making the section on Dundas W between Spadina and Bathurst a much more walkable and lively thoroughfare. It is anticipated that the entire project will take up to 10 years to complete.
Tridel, the city’s private partner, will refurbish 473 rental units, replace 333 rental units with new apartments, and build 1,540 new condos, some in buildings up to 13 storeys high. Tridel illustrates how the community will fit in to the surrounding area in their SQ Development website where sales are already taking in place for the first phase at Queen W. More info can also be found at the Toronto Community Housing website.
