Jul 2, 2014
AQUAVISTA – A NEW MODEL FOR AFFORDABLE HOUSING Or: HOW TO LIVE WITH ART (LITERALLY)
By: John Fox
Last week the City of Toronto gave the green light to a completely unique project – the creation of 80 units of affordable rental housing to be built right into the Tridel’s new AquaVista condominium. AquaVista, which is expected to go to market in the summer, is in the “Bayside Lands” located between Lower Sherbourne and Parliament Streets. The affordable units will be owned by the City and run by Artscape as residences for artists. The creation of affordable units in AquaVista helps Tridel, who, with partner Hines Canada are developing the Bayside Lands, meet affordable housing targets in the waterfront.