Foster to Design Massive Project on Toronto Lakefront
- Jul 15, 2011
Toronto–3C Lakeshore Inc., a joint venture between New York-based Continental Ventures Realty, Cityzen Development Group and Castlepoint Realty Partners of Toronto, has picked Foster + Partners to design its new Toronto waterfront project, which will include about 2,000 residential units. The 3C Lakeshore development is part of the much larger brownfield redevelopment of about 2,000 acres on Lake Ontario known as Waterfront Toronto.
Created in 2001 by the governments of Canada, Ontario and Toronto, Waterfront Toronto has a 25-year mandate to transform brownfield lands on the waterfront into mixed-use properties and public spaces. Revitalization of the area is expected to take at least 25 years and about $30 billion of private and public funding to complete. Ultimately, Waterfront Toronto will include about 40,000 residential units, 10.7 million square feet of commercial space, and 740 acres of parks and public spaces.
The 13-acre 3C Lakeshore development site is the largest contiguous tract of land on Toronto’s East Bayfront, which is a subsection of the larger Waterfront Toronto project. The 3C Lakeshore site is zoned for 2.5 million square feet of residential, retail, hotel, entertainment and cultural uses. In fact, according to the developers, the site will be the single largest development project in downtown Toronto once it gets underway.
Foster + Partners is headed by renowned architect Norman Foster (Baron Foster of Thames Bank) and has designed numerous trophy properties around the world. Its recent residential designs include 3Beirut in Lebanon, Anfa Place Casablanca in Morocco, City Center DC in the United States, and the West Kowloon Cultural District in Hong Kong.
A joint venture of architects Peter Clewes of Architects Alliance, Bruce Kuwabara of KPMB of Toronto, Eric Kuhne of CivicArts, and Landscape Architect Claude Cormier of Montreal round out the design team. Together with Foster, their plans for the new neighborhood will be unveiled later this year.