Union Station North Bay Pedestrian Bridge Connection

The Public Gallery wrote no story on this item. What follows is the city’s own record of what happened to it, as filed: nothing on this page is summarised or scored by us.

The decision

2021-12-15 · Toronto City Council · adopted

As filed

City Council on December 15, 16 and 17, 2021, adopted the following: 1. City Council authorize the Executive Director, Corporate Real Estate Management, to approve and execute a nominal sum construction and licence agreement with Hines 141 Bay Property Inc. and 141 Bay Street Property I Inc. for the construction and maintenance of a publicly accessible pedestrian bridge connection between 141 Bay Street and Union Station

Show the rest of As filed, 870 more characters as filed

on City-owned land at Union Station (the "North Bay Pedestrian Bridge"), and the partial funding of an interior ramp connection within Union Station, substantially on the major terms set out in Attachment 1 to the report (November 16, 2021) from the Executive Director, Corporate Real Estate Management, and such other terms as may be acceptable to the Executive Director, Corporate Real Estate Management, and in a form satisfactory to the City Solicitor. 2. City Council amend the 2021-2030 Council Approved Capital Budget and Plan of Corporate Real Estate Management to add a new project called "North Bay Pedestrian Bridge Connection," with $1 million of project cost ($150,000 of cash flow in 2021 and $850,000 of cash flow in 2022), fully funded by Section 37 (Planning Act Reserve Funds) community benefits from 1-7 The Esplanade (Source Account: XR3026-3700570).

On the agenda

As the city filed it

The purpose of the report is to seek authority to enter into a construction and licence agreement with Hines 141 Bay Property Inc. and 141 Bay Street Property I Inc. (collectively, the "141 Bay Owner") for the construction and maintenance of the new North Bay Pedestrian Bridge at Union Station, and to amend the Corporate Real Estate Management capital budget to fund part of the interior adjustments to the east wing of Union Station.

Show the rest of As the city filed it, 790 more characters as filed

The North Bay Pedestrian Bridge will connect the publicly-accessible P.A.T.H. from Union Station to the new Canadian Imperial Bank of Commerce head office building at 141 Bay Street, partially on City-owned land at Union Station. Corporate Real Estate Management is proposing to add a new project called "North Bay Pedestrian Bridge Connection," with $1 million in project costs, and $150,000 of cash flow in 2021 and $850,000 of cash flow in 2022, fully funded by Section 37 (Planning Act Reserve Funds) community benefits from 1-7 The Esplanade. As the total project cost is currently estimated at $2.8 million pending project finalization, the 141 Bay Owner will fund the remaining $1.8 million and all future project costs, as part of the cost sharing agreement outlined in this report.

Staff recommended

The Executive Director of Corporate Real Estate Management recommends that: 1. City Council authorize the Executive Director, Corporate Real Estate Management, to approve and execute a nominal sum construction and licence agreement with Hines 141 Bay Property Inc. and 141 Bay Street Property I Inc. for the construction and maintenance of a publicly accessible pedestrian bridge connection between 141 Bay Street and Union Station on City-owned land at Union Station (the "North Bay Pedestrian Bridge"), and the partial funding of an interior ramp connection within Union Station, substantially on the major terms set out in Attachment 1, and such other terms as may be acceptable to the Executive Director, Corporate Real Estate Management, and in a form satisfactory to the City Solicitor.

Show the rest of Staff recommended, 413 more characters as filed

2. City Council amend the 2021-2030 Council Approved Capital Budget and Plan of Corporate Real Estate Management to add a new project called "North Bay Pedestrian Bridge Connection," with $1 million of project cost ($150,000 of cash flow in 2021 and $850,000 of cash flow in 2022), fully funded by Section 37 (Planning Act Reserve Funds) community benefits from 1-7 The Esplanade (Source Account: XR3026-3700570).

Considered

2021-11-30 · General Government and Licensing Committee · adopted
Decision as filed
The General Government and Licensing Committee recommends that: 1. City Council authorize the Executive Director, Corporate Real Estate Management, to approve and execute a nominal sum construction and licence agreement with Hines 141 Bay Property Inc. and 141 Bay Street Property I Inc. for the construction and maintenance of a publicly accessible pedestrian bridge connection between 141 Bay Street and Union Station on
Show the rest of Decision as filed, 867 more characters as filed
City-owned land at Union Station (the "North Bay Pedestrian Bridge"), and the partial funding of an interior ramp connection within Union Station, substantially on the major terms set out in Attachment 1 to the report (November 16, 2021) from the Executive Director, Corporate Real Estate Management, and such other terms as may be acceptable to the Executive Director, Corporate Real Estate Management, and in a form satisfactory to the City Solicitor. 2. City Council amend the 2021-2030 Council Approved Capital Budget and Plan of Corporate Real Estate Management to add a new project called "North Bay Pedestrian Bridge Connection," with $1 million of project cost ($150,000 of cash flow in 2021 and $850,000 of cash flow in 2022), fully funded by Section 37 (Planning Act Reserve Funds) community benefits from 1-7 The Esplanade (Source Account: XR3026-3700570).
2021-12-15 · Toronto City Council · adopted

On the record

The item as the City filed it

More from this meeting

The whole meeting