City-Building Activities - Toronto Parking Authority Parking Facilities

To ensure both the boards of the TPA and CreateTO are provided ongoing information on these opportunities and initiatives, CreateTO staff will be providing a similar update to its Board moving forward. This report provides the CreateTO Board with its first comprehensive update on all ongoing city-building activity affecting TPA operated parking facilities, or other City-owned properties currently under the operational management of the TPA. CreateTO is working with the TPA to both advance the mandate of CreateTO and to assist the TPA with their organizational evolution through adapting and updating their business operations as directed through the City-wide Real Estate program. As part of this effort, CreateTO and the TPA have been collaborating with the City's Housing Secretariat, the TTC and other City partners (City Planning, Legal Services, etc.) to unlock underutilized parking facilities, to identify potential parking replacement opportunities, and to ensure the TPA can still deliver on their mandate to provide conveniently located and competitively priced off-street and on-street public parking in a financially sustainable manner. Transportation Services is leading the development of a City-wide Parking Strategy, in collaboration with City Planning, CreateTO, the TPA, and other partner Divisions and Agencies. The City-wide Parking Strategy will guide the future use of, and investment in, public parking facilities. The TPA operates parking facilities on land that they historically purchased, or through "Parking Management Agreements" with City divisions, agencies and corporations (DACs) or with third parties, as well as through an existing on-street network. In addition to the provision of parking services, a growing portion of TPA parking facilities are integrated with traditional and electric Bike Share Toronto stations as well as with Electric Vehicle charging stations. These new city-building opportunities are summarized in the confidential appendix to this report. The re-purposing of existing TPA operated parking facilities will lead to the creation of new market and affordable housing units, and new civic uses such as community and cultural space, while maintaining a supply of public parking either within a redevelopment or on nearby public streets where necessary and possible. The opportunities outlined in this report and its appendix demonstrate how CreateTO, in collaboration with its City partners, is able to not only deliver on its city-building mandate, but at the same time advance a specific program interest, in this case, that of the TPA.