Toronto City Council approves funds to build over 10,800 new homes

Toronto Council Approves 8 Proposals From Altree, Hullmark, Devron & More

Toronto City Council held its July session last week, where councillors gave the go-ahead on around 20 housing development proposals and refused just three. Among the more notable projects was a 63-storey tower headed for Church-Wellesley Village and a 50-storey tower to replace a parking lot and vacant lands in the Fashion District.All together, the approved projects are expected to add almost 9,400 new housing units to the city, and will hopef…

Toronto City Council approves funds to build over 10,800 new homes

Toronto – Toronto City Council approved recommendations from the City of Toronto staff report, From Concept to Construction: Creating More Homes Across the Housing Continuum, advancing key City-led initiatives to increase the supply of affordable homes in Toronto.   The report outlines City actions and investments to support 39 projects in 13 wards across the city to build approximately 10,815 new ... Read MoreThe post Toronto City Council appro…