The former downtown Toronto Coach Terminal is being turned into a massive mixed-use property that will include nearly 300 affordable rental units and a new Toronto paramedics multi-hub.
On Thursday, the City of Toronto released renderings of the proposed redevelopment at 610 Bay Street and 130 Elizabeth Street as it announced the Kilmer Group and Tricon Residential will lead the project.
The Art Deco building near Bay and Dundas streets operated as a bus terminal for nearly 90 years and was added to the city’s heritage registry in 1987. The property was later sold to the city.
The renderings show two towers erected at the site are proposed to house 873 purpose-built rental units—290 are affordable—a 23,000-square-foot paramedics hub, University Health Network’s state-of-the-art organ repair centre for heart, lung, and liver transplants, and an adaptive re-use of the heritage bus terminal and bus shed.
The 16-storey and 41-storey buildings will be separated by a public plaza, which will …