The Rebuilding of Regent Park
Regent Park, located in Cabbagetown in downtown Toronto, is bounded by Gerrard Street East to the north, River Street to the east, Shuter Street to the south, and Parliament Street to the west. With majority of the building as part of an ambitious social housing project in the 1950s, the city government developed a plan to demolish and rebuild Regent Park in the next 10-15yrs.
Toronto Community Housing is working together with The Daniels Corporation, its development partner, and the community to revitalize the neighbourhood. The revitalization is well underway with tenants and homeowners living in new buildings on new streets. Commercial and retail uses will be opening and phas two is in the works. Phase 2 includes a new indoor aquatic centre, a new central park, a new community centre, and now an arts and cultural centre. Community consultations for these amenities are underway and phase two construction will begin spring 2010.
In 2002, Toronto Community Housing held consultations with more than 2000 residents, neighbours and agencies and at that time, participants made it clear that arts and culture should play an important part in the neighbourhood. Part of the vision will also include some market condominiums and new retail along Dundas East and Parliament Street.
New development by Daniels Corporation One Cole Condominium. SOLD OUT!!!
Phase 2 is in the works! One Park West Condominiums coming in the Fall!!
Sales are to start in September 2010. Prices will start from just $199,900.
After the hugely successful launch of One Cole (the first phase of the Regent Park redevelopment) in May 2009, Daniels has launched One Park West as the exciting new addition to Regent Park Toronto real estate district. On December 16, 2009, the government of Canada and Ontario announced the investment of up to $12 milion each to finance the Regent Park One Cole West condos located at Dundas Street East between Sumach and Sackville Streets, just steps from One Cole Toronto Regent Park condos. The Arts and Cultural Centre will be yet another fantastic community amenity, accompanying the Aquatic Centre and six acre Community Park, further establishing the revitalization of Regent Park development.
Pre-register today to receive first hand floorplans and pricing information before the general public!!
HomeLife/Realty One Ltd., Brokerage*
501 Parliament St.
Toronto, ON M4X 1P3
Phone: 416-922-5533
Fax: 416-922-5808
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