CreateTO
The full agenda, as filed
All 2 items in the clerk’s order. Each carries the city’s own words: the staff recommendation, what the body decided, and its status. Nothing below is written by us.
RA6.1adopted
On January 30, 2019, City Council approved a signature affordable housing program, the "Housing Now Initiative," to leverage City-owned land for the purpose of creating new mixed-use, mixed-income communities near transit. Through the Initiative, 11 properties were initially identified for development, with the potential to create a total of 10,000 new residential units. On May 28, 2020, Council approved the addition of six more sites to the Housing Now Initiative with the potential to create 1,455 to 1,700 additional residential units. On November 9th and 10th, 2021 City Council endorsed the addition of four Phase Three sites to the Initiative. These sites are estimated to add between 1,150 and 1,400 net new homes. A further six Pipeline Sites were also endorsed by Council for preliminary due diligence. On May 10, 2023, City Council endorsed the addition of Parkdale Hub as a Phase Three site of the Initiative and approved the renegotiated business terms for three priority sites advancing to construction in 2023. The Housing Now Initiative is coordinated through a Steering Committee, representing the project partners comprising senior staff from the Housing Secretariat, City Planning and CreateTO. The purpose of this report is to provide the CreateTO Board of Directors with a broad status update on the progress made to-date on activating the 22 properties and future pipeline sites.
The Board of Directors of CreateTO received the report (July 10, 2023) from the Chief Executive Officer, CreateTO for information.
Staff recommendation as filed
The Chief Executive Officer recommends that the Board of Directors of CreateTO receive this report for information.
RA6.2amended
Expanding Housing Options in Neighbourhoods (EHON) - Beaches-East York (BEY) Pilot Project
The Beaches-East York Pilot Project (BEY Pilot Project) is a City Council endorsed priority project identified through the Expanding Housing Options in Neighbourhoods (EHON) work program. The work program consists of multiple priority projects intended to expand permissions to allow low-rise housing in neighbourhoods. The purpose of the BEY Pilot Project is to build "missing middle" housing on City-owned lands in Beaches-East York (Ward 19). On January 19, 2021, the Planning and Housing Committee requested City Staff, in consultation with CreateTO, to review appropriate City-owned sites and facilitate, through an appropriate development procurement process, the design and construction of demonstration projects, as part of the EHON initiative. On July 19, 20 and 21, 2023, City Council will consider allocation of the City-owned property at 72 Amroth Avenue (the "Property") to the EHON BEY Pilot Project, and granting authority to transfer 72 Amroth Avenue, to a CreateTO managed corporation, Build Toronto Inc. or an affiliate of Build Toronto Inc. The purpose of this report is to inform the Board of Directors of CreateTO about the EHON BEY Pilot Project, including the work completed to date and request authority for next steps.
The Board of Directors of CreateTO: 1. Authorized and directed the Chief Executive Officer, CreateTO, to prepare and submit, in conjunction with City Planning, a City-initiated application (including all the necessary documentation) to advance any Official Plan Amendments and Zoning By-law Amendments required to provide permissions for missing middle housing opportunities on the property at 72 Amroth Avenue to prepare the property for marketing. 2. Directed the Chief Legal Counsel, CreateTO to forward the report (July 11, 2023) from the Chief Executive Officer, CreateTO to the Board of Directors of Build Toronto Inc. for consideration and appropriate action, with such action to include advancing the due diligence work required to prepare the Property for the necessary planning approvals, including undertaking necessary environmental studies, market analyses, planning and other consultant studies estimated at $631,000, subject to City Council authorizing the transfer of 72 Amroth Avenue to Build Toronto Inc. or one of its affiliates. 3. Directed the Chief Executive Officer, CreateTO, to report back to the Board on the final business case of the BEY Pilot Project at 72 Amroth Avenue for Board approval prior to marketing, subject to City Council authorizing the transfer of 72 Amroth Avenue to Build Toronto Inc. or one of its affiliates. 4. Directed that Confidential Attachment 1 to the report (July 11, 2023) from the Chief Executive Officer, CreateTO remain confidential in its entirety, as it relates to a proposed or pending acquisition or disposition of land by the Board of Directors of CreateTO.
Staff recommendation as filed
The Chief Executive Officer, CreateTO recommends that the Board of Directors of CreateTO: 1. Authorize advancement of the project based on the preliminary business case , as outlined in Confidential Attachment 1 to this report, subject to City Council authorizing the transfer of 72 Amroth Avenue to Build Toronto Inc. or one of its affiliates. 2. Direct the Chief Legal Counsel, CreateTO to forward this report to the Board of Directors of Build Toronto Inc. for consideration and appropriate action, with such action to include advancing the due diligence work required to prepare the Property for the necessary planning approvals, including undertaking necessary environmental studies, market analyses, planning and other consultant studies estimated at $631,000, subject to City Council authorizing the transfer of 72 Amroth Avenue to Build Toronto Inc. or one of its affiliates.. 3. Direct the Chief Executive Officer, CreateTO, to report back to the Board on the final business case of the BEY Pilot Project at 72 Amroth Avenue for Board approval prior to marketing, subject to City Council authorizing the transfer of 72 Amroth Avenue to Build Toronto Inc. or one of its affiliates. 4. Direct that Confidential Attachment 1 remain confidential as it relates to a proposed or pending acquisition or disposition of land by the Board of Directors of CreateTO.