Infrastructure Ontario and Waterfront Toronto announced that Dundee Kilmer Developments has signed a fixed-price contract to design, build and finance the development that will be used as the Athletes’ Village during the Toronto 2015 Pan/Parapan American Games.
The project is expected to create and support 5,200 jobs, including employment of approximately 700 workers on the construction site.
The project will advance implementation of Waterfront Toronto’s award-winning precinct plan for the West Don Lands area and when complete in 2015, the project will support the wider community by providing a beautifully designed, sustainable mixed-use riverside community. The project will also provide 10,000 Pan and Parapan athletes, coaches and team officials a safe and supportive environment during the 2015 Pan/Parapan American Games.
The community has been designed by a team of internationally renowned architects, including Kuwabara Payne McKenna Blumberg Architects, architectsAlliance, Daoust LeStage, TEN Arquitectos and MacLennan Jaunkalns Miller Architects and will be constructed by EllisDon Ledcor PAAV Inc.
In time for the Pan/Parapan American Games in 2015, Dundee Kilmer Developments has committed to complete:
- The next phase of West Don Lands infrastructure, roads and public spaces, including new municipal services, Front Street promenade, local streets, and the reconstruction of Eastern Avenue and Cherry Street, which will include a new streetcar route;
- A new 82,000 square-foot YMCA recreational facility, which will function as training facility during the Games, then serve the West Don Lands and surrounding communities following the Games;
- George Brown College’s first ever student residence, which will be used during the Games to support athletes and officials, and will subsequently provide housing for 500 students;
- 787 units of market housing, which will be used temporarily for Games accommodation, then converted for permanent occupancy following the Games. Once converted, up to 100 units representing five per cent of the total residential units will be reserved for affordable ownership;
- 253 units of affordable rental housing, representing 24 per cent of the total residential units being built in time for the Games, which will be used temporarily for Games accommodation, then converted for permanent occupancy following the Games;
- Additional accommodations and facilities required for use during the Games, including offices, administrative and ancillary facilities; and
- Site preparation work necessary to support temporary Games facilities.
Dundee Kilmer will also provide facilities management services (grounds and building maintenance) during the Games, and will subsequently convert buildings for their legacy use.
The fixed-price contract between Dundee Kilmer and the Province of Ontario is for $514 million, and will be paid in stages at significant construction milestones, to ensure the project’s on-time and on-budget delivery. The Province will recover approximately $65 million in development costs from future facility operators, for a total net provincial outlay of approximately $449 million. The arrangement reduces the cost of building the community by enabling Dundee Kilmer to also develop additional market housing post Games.