This site uses cookies.

The types of cookies we use, and the way we use them, are explained in our Privacy Policy. By clicking "Accept" or continuing to use our site, you agree to our use of Cookies.
More information


Friday August the 23rd, 2019 
Linda E. Sully
Broker, SRES

Johnston & Daniel, A Division of Royal LePage R.E.S. Ltd.
Brokerage

Waterfront Toronto Receives Government Funding to Undertake Port Lands Flood Protection Project

news from our new blue edge

 

 

 

Waterfront Toronto Receives $1.25 Billion in Government Funding to Undertake Pioneering Project to Flood Protect Port Lands



Prime Minister Justin Trudeau, Ontario Premier Kathleen Wynne, City of Toronto Mayor John Tory, and Waterfront Toronto CEO Will Fleissig gathered today to announce funding for the Port Lands Flood Protection Project. 

One of North America’s largest underused urban areas is poised for extensive revitalization after Waterfront Toronto today received $1.25 billion in shared funding from the governments of Canada, Ontario and Toronto. The Port Lands Flood Protection Project will flood protect the Port Lands and build the necessary infrastructure to unlock the area’s potential for new neighbourhoods and employment areas.

Working together for more than a decade, Waterfront Toronto, the Toronto and Region Conservation Authority (TRCA) and the City of Toronto have developed and refined an innovative solution to protect the Port Lands and adjacent areas from costly damage associated with a major flood, to remediate the area’s contaminated soil, and to better adapt the area to the impacts of climate change. The Port Lands Flood Protection Project will create two new outlets for the Don River – including a wide river valley – that will safely convey flood waters into Lake Ontario, as well as provide new parks, aquatic habitat and infrastructure such as roads, bridges and a transit right-of-way.

Adjacent to Toronto’s growing downtown, the Port Lands is an ideal area to support the city’s continued population and job growth through the creation of new inclusive, sustainable, and resilient communities and employment areas that will make Toronto a more globally competitive destination for talent, investment and jobs.  Surrounded by parks and with substantial water’s edge access, this area will be an attractive area for residents, workers and visitors alike.

To learn more about this milestone announcement and the Port Lands Flood Protection Project, please visit our newsroom

 

 

 

Follow Waterfront Toronto on:

Facebook

Twitter

Youtube

Flickr

RSS Feed

 

 

 

VIEW EMAIL IN BROWSER | UNSUBSCRIBE | UPDATE YOUR PROFILE | FORWARD TO A FRIEND

 

Copyright (C) 2017 Waterfront Toronto All rights reserved.
You are receiving our monthly newsletter because you signed up at www.waterfrontoronto.ca
 

 
 

Toronto

Ontario

Canada

 

Toronto

 

 

 
Home  |  Top  |  Printer Friendly  |  +Bookmark  |  Privacy Policy
 
Linda E. Sully
Broker, SRES

Johnston & Daniel, A Division of Royal LePage R.E.S. Ltd.
Brokerage

477 MT. PLEASANT ROAD , Toronto, Ontario M4S 2L9
Powered by Lone Wolf Real Estate Technologies (CMS6)