About Regent Park
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The RegentPark revitalization will take 10 – 15 years, over six distinct phases. In April 2010, Toronto Community Housing announced plans for the second phase of the project, including the selection of The Daniels Corporation as its developer and construction partner. The first two phases of the Regent Park Revitalization will cover 30 acres of land.
RegentPark Revitalization -Phase One Highlights (read all):
- Demolition and construction is nearly complete.
- About 400 households were relocated with the offer of returning to a new home.
- Moving costs are paid by Toronto Community Housing.
- Relocating tenants began in 2005. Construction began in 2006.
- Phase One includes retail, commercial and community spaces.
- There are three new rental buildings in Phase One (246 Sackville Street, 252 Sackville Street, One Oak Street), XXX new townhomes and supportive housing at 40 Oak Street. That's 405 units in total.
- Tenants started moving into the first new rental building in May 2009.
- There are two new condominiums in Phase One at One Cole and One Park West, plus XX market townhomes.
- One Cole is complete and sold-out. One Park West is XXXX (status)
- New national retailers include Tim Hortons, the Royal Bank of Canada and FreshCo by Sobeys.
- The new Regent Park Children and Youth Hub opened its doors to Parents for Better Beginnings, Regent Park Focus and a daycare centre.
Regent Park Revitalization - Phase Two Highlights (read all):
- Phase Two will include 400 rental units in a combination of styles, as well as condominium units.
- Phase Two will bring new community facilities, including an aquatic centre, an Arts and Cultural Centre, a new community centre, a new park and new retailers along Dundas Street East.
- Relocation for Phase Two tenants is underway. Tenants are provided with at least five months notice to choose a relocation unit.