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Waterfront Toronto has become a political lightning rod, facing claims of overspending. But the real story is sunny: In the muck of the waterfront, the agency is delivering great parks, careful development and a vision for Toronto’s future
Via Marianne Lalonde
How Toronto's waterfront redevelopment is going right.
Toronto's Waterfront Redevelopment is developing land south of Front Street. It is made up of former industrial landfill, and the cost to develop this land are very high.
Waterfront Toronto is responsible for revitalizing about 2,000 acres of this waterfront land, an area roughly equal to the entire downtown core.
So far, the agency has spent nearly $1.5-billion on infrastructure, cleaning polluted soil, and creating new parks.
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