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-- TO Star: Major project for waterfront
TO Star: Major project for waterfront
totally under the radar!
quote:

Nov. 13, 2004. 08:32 AM
Major project for waterfront
Media giant secretly planning $200M headquarters
Queens Quay site would combine newspaper and studios
ROBERT BENZIE AND KERRY GILLESPIE
STAFF REPORTERS
Negotiations to build the largest new venture on Toronto's waterfront in decades � a $200 million television studio and office complex � are quietly underway, the Star has learned.
Media giant CanWest Global is working on a deal with a City of Toronto agency to build a studio and newspaper headquarters next to the Redpath sugar plant on Queens Quay, just east of Jarvis St., sources say.
The development � code-named Project 24/7 � could be announced within a month, and involves leasing city-owned land for at least 50 years to CanWest Global, the Winnipeg-based company that owns Global Television and the National Post.
But some would prefer to see parkland, housing, or a public building on such a prominent lakefront site instead of a large commercial-industrial facility.
"It's a great project. It belongs on the waterfront, but it doesn't necessarily belong on that parcel of land," said one provincial government official familiar with the negotiations.
Not so, say the two deputy mayors who sit on the board of the Toronto Economic Development Corporation (TEDCO), the city's agency, which owns the land and, sources say, has been in negotiations with CanWest Global for months.
While refusing to comment specifically on this project, both Joe Pantalone and Mike Feldman said that any major deal TEDCO was involved in wouldn't be a problem.
"TEDCO is not a freelancer on the waterfront," Pantalone (Ward 19, Trinity-Spadina) said. "Anything TEDCO would propose would fit in perfectly with the waterfront plan."
The waterfront corporation's aim is to transform 46 kilometres of waterfront into vibrant neighbourhoods full of homes, jobs and parks. But whenever there's talk about what will actually be built, concerns about another wall of towers like that west of Yonge St. aren't far behind.
That fear is one reason many people favour a plan that puts nothing but parks and open space along the water.
Feldman knows people like parks, and the waterfront plan calls for hundreds of hectares of them, but he says the city also needs businesses and the income they bring.
"Unless we create a work atmosphere down there, other than our parks ... all we're doing is reversing the rush-hour in this city," Feldman (Ward 10, York Centre) said.
Secret project would bring CanWest Global facilities together on the waterfront
The deal TEDCO is working on, which Feldman said he can't comment on, will "create opportunity for business" and maintain the vision of a waterfront for the people.
"It doesn't interfere with the parks, it doesn't interfere with the trails, it doesn't interfere with the waterfront," he said. "All those things are the domain of the citizens of this city, but we still have to be able to service that citizenry and we need the bucks to service them."
Geoffrey Elliott, vice-president of corporate affairs for CanWest Global, was tight-lipped on the top-secret project. "As far as we're concerned it's speculative, and we don't comment on speculation," he said in an interview from Winnipeg.
Asked if the company was planning to converge its television and newspaper operations under one roof, Elliott was circumspect: "Obviously CanWest has operations in various physical locations in Toronto and it's certainly reasonable to look at whether that's the most efficient way of doing things."
A source familiar with the deal said CanWest Global was concerned some employees wouldn't want to work downtown and at one point had been considering Mississauga.
Getting a major employer to build a headquarters on the waterfront is a feather in the mayor's cap, the source said. Politically, Mayor David Miller needs action on the waterfront.
In 2001, Ottawa, Queen's Park and the city announced a grand plan to revitalize the waterfront and created the Toronto Waterfront Revitalization Corporation. Since then, little but planning has happened and many wonder if that's all that will ever happen.
Earlier this week � on Miller's first anniversary as mayor � Miller announced he wanted to lead the waterfront corporation so he could get "shovels in the ground" next year.
The mayor's comments came after a barrage of criticism in recent weeks that he hasn't taken enough action on his election promise to improve the waterfront. Yesterday, Miller also said he couldn't talk about any deal TEDCO might be involved in, but spoke about waterfront revitalization.
"What we need on the waterfront are jobs, jobs that are information-age kind of jobs. One of Toronto's great strengths is that we have tremendous potential in those kinds of industries and the waterfront can be a catalyst, if we do it right," Miller said.
Jeffrey Steiner, president and CEO of TEDCO, wasn't willing to comment on the CanWest Global deal. "We hear rumours, too, all the time, but I can't confirm or deny or make a comment on what you've heard," he said.
Insiders say Global's television production centre on Barber Greene Rd. in Don Mills and CanWest's nearby newspaper and magazine publishing offices on Don Mills Rd. � home of the Post � would be moved to the new site.
WITH FILES FROM RICHARD BRENNAN
source:
http://www.thestar.com/NASApp/cs/Co...tacodalogin=yes
it's all about the dinero...
"But some would prefer to see parkland, housing, or a public building on such a prominent lakefront site instead of a large commercial-industrial facility."
SURE
adn then those fuckin residents would complain about the noise form guv and send a legendary nightspot to the ground
Well they aint getting a park... GOOD. People dont use them anyways.
Id rather see something lucrative than a park that serves as nothing more than a doggy toilet.
Boo!
Time to email the mayor and city councilors.
The last thing the waterfront needs is more commercial construction.
| quote: |
| Originally posted by rabbitjoker Boo! Time to email the mayor and city councilors. The last thing the waterfront needs is more commercial construction. |
| quote: |
| Originally posted by Jayx1 what do you suggest? |
| quote: |
| Originally posted by rabbitjoker Anything but office buildings. parks mid-densit housing recreation facilities additional marina space IMO the waterfront should be for the public to use and enjoy - not for corporations to impress their clients with waterfront views. |
| quote: |
| Originally posted by Jayx1 The portlands would become a second entertainment district. Id make it mixed restaurants and nightclubs as well as parks and outdoor theatres. Id make pedestrian walkways and outdoor malls and integrate access with the gardiner and and LRT/subway line that ran all night from wed-sat to get people home by transit. I'd also put an aquarium and some outdoor ice rinks there. Any residential built would be to a minumum and would come with an ironclad waiver stating that the tenants/owners understand that there will be noise associated with living in that area. Just so that everyone is clear. |
i'd like to atleast see a chance that we could have to encourage city council to organize events with a park rather than no chance at all ..
who the hell uses parks in this city anyway? half of the time it's too cold to be hanging out at one, and the other half of the time people are hanging out somewhere else (bars, clubs, restaurants, indoor facilities in general).
Maybe if it was an 'indoor' park (enclosed in a glass house or something), then it might be interesting...
| quote: |
| Originally posted by Crazy Serb who the hell uses parks in this city anyway? half of the time it's too cold to be hanging out at one, and the other half of the time people are hanging out somewhere else (bars, clubs, restaurants, indoor facilities in general). Maybe if it was an 'indoor' park (enclosed in a glass house or something), then it might be interesting... |
| quote: |
| Originally posted by Crazy Serb who the hell uses parks in this city anyway? half of the time it's too cold to be hanging out at one, and the other half of the time people are hanging out somewhere else (bars, clubs, restaurants, indoor facilities in general). Maybe if it was an 'indoor' park (enclosed in a glass house or something), then it might be interesting... |
| quote: |
| Originally posted by Crazy Serb who the hell uses parks in this city anyway? half of the time it's too cold to be hanging out at one, and the other half of the time people are hanging out somewhere else (bars, clubs, restaurants, indoor facilities in general). Maybe if it was an 'indoor' park (enclosed in a glass house or something), then it might be interesting... |
| quote: |
| Originally posted by dEsidEL indoor park in summer would suck .. |
| quote: |
| Originally posted by Crazy Serb summer? what summer? oh, you mean those 2 months in july and august when we actually get to enjoy all the smog and humidity this city has to offer? yea, i get your point... NOT! |
| quote: |
| Originally posted by dEsidEL sure let's just import Valkana Beach and its climate then ! |
| quote: |
| Originally posted by Crazy Serb who the hell uses parks in this city anyway? |
better then a steel mill like hamilton
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