The ORCA Project Toronto

11/27/2017

Two competing visions for Rail Deck Park
- CityNews Toronto
"'John Tory blindsided the developer, went in there and thought he controlled everything. He controlled the air rights. I’m sorry that’s not the way it works,' Ford said.

'Let’s look here at what the developer is proposing. Work with them and save the tax payers a couple billion dollars.'"

Watch here:

It’s Mayor John Tory’s “field of dreams” – a large, 21-acre park built over the GO Transit and Via Rail tracks from Blue Jays Way to Bathurst Street. The price tag for the Central Park-style project is expected to be in the billions. But one Toronto-based developer has a different vision. Craft Deve...

11/24/2017

ORCA or Rail Deck Park: One Site with Two Competing Proposals

"According to the newly launched website, the P.I.T.S. proposal, which they have dubbed the "ORCA Project," would take approximately ten years to build out, split over four phases...The website notes that in 2013, CRAFT Developments—one of the four companies which make up the P.I.T.S. consortium—acquired the air rights over the rail corridor from Toronto Terminals Railway and CN Rail."
- Urban Toronto

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The City of Toronto held a public consultation recently regarding Rail Deck Park in the city's burgeoning area west of the financial core, while a ...

11/23/2017

Battle brews over conflicting plans for Rail Deck Park

"A showdown is brewing at city hall over two competing plans: one a 21-acre park pitched by the mayor and local councillors; and another, a 12-acre park bordered by eight office and condo towers, pitched by a group of developers who say they will soon own the air rights to build on the space above the rail tracks south of Front St., between Bathurst St. and Blue Jays Way."
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Read More: http://bit.ly/2B5Nvtw

Developers’ vision for eight condo and office towers on a deck over the rail corridor is at odds with the city’s plan to build a 21-acre “Rail Deck Park.”

11/22/2017

Toronto Sun reported that City’s capital budgeting process not working for taxpayers

"The documents revealed that in early September, 2016, staff were referring to their own numbers as “vague, not helpful” and that “no one really has good costs or a detailed assessment of how this could be financed. It’s way too early for that.”
The city’s cost estimate didn’t include the price of buying air rights over the rail corridor, or fees for potential track relocation, or contingencies."

read more:

When it comes to building municipal projects, one of the most important issues for property taxpayers is cost.The problem, as revealed in documents...

11/21/2017

ICYMI: Councillor Cressy responds to counter proposal of rail deck park by Toronto-based developer on AM640

"But now there is a counter proposal thats apparently being put forward by the people who own those air rights and they say, you know what? We have a plan that would cost the city practically nothing."

Listen here:

Councillor Joe Cressy, Ward 20 - Trinity-Spadina

11/20/2017

Have you seen this article from Bisnow

"This is the ongoing story in Toronto, where Craft Development Corp. has been engaged in a conflict with the city for more than a year regarding the ownership of the air above a proposed mixed-use development situated in the same place the city wants to build a park."

read more:

The contentious battle over air rights continues to heat up, leaving commercial projects up in the air.

11/18/2017

Looking for recent articles pertaining to the development of the rail corridor area? Here are some that may be of interest.
More coming soon so be sure to check back

News A showdown is brewing at city hall over two competing plans: one a 21-acre park pitched by the mayor and local councillors; and another, a 12-...

11/16/2017

Get to know the ORCA Project and our vision
Tell is what you think

Vision The ORCA Project is a more socially conscious, true mixed-use development that endeavors to collaborate and expand on City Building Possibilities by: Being Open, Responsible and Fair to the City and Taxpayer Focusing on Complete Communities and the Urban Family Experience Being Innovative wit...

11/15/2017

Striving for a complete community.

What Is The ORCA Project? The ORCA project is a rare opportunity for growth and reurbanization, in that it can deliver change to an urban structure that is not so easily changed. For the first time in over 150 years, the City can reclaim the land it lost to the rail corridor and can achieve this wit...

11/14/2017

We want to know what you think of The ORCA Project. You can leave your comments on facebook, twitter, or send a message on our website:

Get in Touch The ORCA Team is committed to engaging the public in a way that is transparent, inclusive, contemporary and authentic. It is our desire to make it easy for the public to learn about the ORCA Project and provide feedback to help refine the proposed Mixed Use development and enhance key c...

11/13/2017

The ORCA Project- Over the Rail Corridor Area- where families can live, connect and grow. Learn more at orcatoronto.com

11/12/2017

The ORCA Project is here check out our website to have all your questions answered orcatoronto.com