Toronto plans mixed-use development at old bus terminal with affordable housing options

Toronto is set to transform the old bus terminal at 610 Bay Street into a mixed-use development featuring 873 rental apartments, with one-third offered at below-market rates. Construction is expected to start next year, with residents moving in by 2030. The project includes two towers, a paramedic station, shops, restaurants, and a lab for the University Health Network. Notable architects, including Jeanne Gang, are involved in the design, which aims to create a vibrant public space. This initiative marks a shift in Toronto's housing strategy, focusing on affordable options and community integration. It contrasts with previous efforts that faced delays due to design disputes, highlighting a more streamlined approach under Mayor Olivia Chow's administration.