The City of Toronto and CreateTO have announced Kilmer Group and Tricon Residential as development partners for the transformative redevelopment of the former Toronto Coach Terminal at 610 Bay St. and 130 Elizabeth St. The project will deliver a vibrant mixed-use, mixed-income community centred in Toronto’s Discovery District.

The redevelopment will feature two residential towers and a central public plaza, combining heritage preservation with contemporary urban design. A total of 873 purpose-built rental homes are planned, including 290 affordable units.

Image via City of Toronto.

We need to build more affordable homes in Toronto. That’s why I am so pleased that this project will transform the former Toronto Coach Terminal into not only new rental and affordable housing, but a thriving hub with healthcare facilities and space for small business to start and grow.”, said Toronto Mayor Olivia Chow, “This project sets a high bar for how we can build more homes, while celebrating our City’s history and embracing Indigenous knowledge as we build new communities.

The eastern half of the site at 610 Bay Street will feature a 15-storey tower designed by Chicago-based Studio Gang Architects. The western half at 130 Elizabeth Street will include a 41-storey tower designed by Toronto’s architects—Alliance.

Image via City of Toronto.

In addition to new housing, the project will feature a 23,000 ft² Paramedic Services Hub, and a cutting-edge organ repair centre in partnership with the University Health Network. A new public plaza is also planned, designed Montreal-based CCxA, that will be framed by tree-lined corridors that improve connectivity between Bay, Edward, and Elizabeth streets.

Image via City of Toronto.

Built in 1931 and designed by British-Canadian architect Charles Dolphin, the Toronto Coach Terminal is a hallmark of Art Deco design and was added to the City’s heritage registry in 1987. The redevelopment will preserve and adaptively reuse this historic structure, maintaining its role as a place of connection.

The Toronto Coach Terminal has always been a place of connections and CreateTO is proud to see that continue as this beautiful heritage building is redeveloped as part of a mixed-use community. “ said Vic Gupta, Chief Executive Officer, CreateTO, “Our team has worked with our colleagues at the City and Kilmer-Tricon to ensure this project honours the site’s history, enriches the downtown core and makes Toronto a better place to live, work and enjoy.

The project is part of Toronto’s ModernTO program, which aims to transform underutilized City-owned properties into vibrant, functional spaces.

Construction is expected to completed on first tower at 610 Bay St. by early 2029, and the second tower at 130 Elizabeth St. in 2030.