Project News

You might be wondering what’s been going on at College Park these days, so we’ve got an update for you!

Later this year, the City of Toronto hopes to start a multi-million dollar revitalization of College Park’s existing Barbara Ann Scott Park and its surrounding open space, approximately 0.75 hectares. College Park is located in the core of downtown Toronto surrounded by College St., Gerrard St., Bay St. and Yonge St. Plans for a beautiful and sustainable public open space is the main goal for this major park revitalization.

Canderel will be providing $3 million towards the redevelopment of this unique city park. We were informed a few months ago that the previously approved park design had been revisited by the city. A revised design with added scope has now been produced. We are currently waiting for decisions to be made by the City and its stakeholders regarding the reconstruction and redesign of the public space, and timing for the requisite re-tendering of some of the work. Once agreements are in place, construction on the park can begin. The first step is to replace the waterproofing materials of the parking garage that is situated underneath the park. Waterproofing the garage deck is an important first step that will play an important role in the longevity of the park. Construction of the new park will begin after the waterproofing stage. The Barbara Ann Scott ice rink is also getting a makeover. The city’s revised design now includes a welcoming and vibrant new skating trail feature that will allow for leisurely public skating during the winter, and for lazy strolls along its tree-lined paths in the spring and summer seasons. This exciting new park is expected to be substantially complete by the Fall of 2016. Canderel is anxious and excited to finally be able to move this project forward towards completion, for the benefit of the College Park community and beyond.

Residents of Aura and future residents of YC Condos can look forward to enjoying their very own green space right in the heart of the city. As soon as we know more we’ll be sure to give another update.