(Source: National Post)
Toronto announced late this afternoon that development executive Lorne Braithwaite will be the first CEO of Build Toronto.
The new agency was created along with Invest Toronto to replace the Toronto Economic Development Corporation. They came into being Jan. 1.
Build Toronto will hold city-owned property and be charged with trying to sell off or develop surplus Toronto lands to generate revenue for the city.
The Mayor is the chair of the board of Build Toronto.
Read Allison Hanes’ full article “The first CEO of Build Toronto is…” in the National Post (April 21, 2009).