![\"\"](\"https:\/\/www.livabl.com\/articles\/wp-content\/uploads\/2022\/02\/curve-quayside.jpg\")
<\/a>Western Curve Building. Alison Brooks Architect.\u00a0Image courtesy of Waterfront Toronto<\/em><\/p>\nTwo big-name developers have been selected to develop Quayside<\/a>, as announced by Waterfront Toronto today.<\/p>\n In a press release, the government organization said that it will begin negotiations with \u200b\u200bDream Unlimited Corp. (Dream)<\/a> and Great Gulf Group<\/a> to develop Toronto\u2019s Quayside site.<\/p>\n The team, called Quayside Impact Limited Partnership, would include the two developers plus Adjaye Associates<\/a>, Alison Brooks Architects<\/a> and Henning Larsen<\/a> as the lead architects.<\/p>\n\n \u201cToday we take an important next step in unlocking the full potential of the city\u2019s waterfront. Dream Unlimited and Great Gulf together with their team of architects and local partners have a strong proposal to make Quayside and Toronto\u2019s waterfront among the best in the world,\u201d said Jack Winberg, chair of Waterfront Toronto\u2019s Investment and Real Estate Committee (IREC), in the press release.<\/p>\n \u201cAs we begin negotiations on a project agreement, we are more confident than ever in the transformative power of the Quayside project to the economic and social recovery of Toronto, Ontario, and Canada,\u201d he added.<\/p>\n The Quayside Development Opportunity, as it is called, is a 12-acre site located at Parliament Street and Lake Shore Boulevard East near Toronto\u2019s waterfront.<\/p>\n According to past reporting<\/a> by Livabl<\/em>, Sidewalk Labs announced the Quayside project with Waterfront Toronto in the fall of 2017, but was criticized for its lack of privacy and intellectual property protections. Sidewalk Labs, which is owned by Google\u2019s parent company, Alphabet Inc., pulled out of the Quayside waterfront project in May 2020, citing \u201cunprecedented economic uncertainty around the world and in Toronto\u2019s real estate market.\u201d<\/p>\n In March 2021, Waterfront Toronto launched an international competition that invited development teams to respond to a Request for Qualifications for the Quayside site, an opportunity to \u201cdesign, finance, and deliver a phased, master-planned development on one of the last remaining expanses of waterfront land.\u201d By July, a shortlist of four potential proponent teams were announced and invited to participate in the ensuing Request for Proposals stage.<\/p>\n In the next steps of the process, Waterfront Toronto will negotiate a project agreement with Quayside Impact Limited Partnership, which is expected to wrap up by this fall. At that time, more details will be shared publicly as Waterfront Toronto and the developers finalize the development plans and secure approvals.<\/p>\n Dream and Great Gulf\u2019s winning submission details the creation of more than 800 affordable housing units, alongside market housing. There will be an emphasis on family-sized units. The five-tower project will include one of Canada\u2019s largest residential mass timber buildings, which a large urban farm will be built on top of.<\/p>\n In addition to a two-acre forested green space, a multi-use arts venue that would provide space for the performing arts, Indigenous-centered cultural celebrations and flexible education spaces would also be incorporated. Quayside is anticipated to be the first all-electric, zero-carbon community at this scale, which spans 3.4 million square feet. The project is designed to be barrier-free and accessible, with social, workforce and capacity-building opportunities for Indigenous peoples and equity-deserving communities.<\/p>\n<\/a>Community Forest public space. SLA. Image courtesy of Waterfront Toronto<\/em><\/p>\n<\/a>Quayside Aerial.\u00a0Image courtesy of Waterfront Toronto<\/em><\/p>\n