Skip Navigation LinksRFP-15493

Alexandra Park Phase 2 Revitalization

RFP 15493

4/1/2016 3:20 PM - 5/13/2016 11:00 AM

Yes

Closed

​RFP 15493 - Main Docu​​ment

Addendum​​​# 1

Adde​ndum# 2

Addendum​​# 3​

Dear Proponents,

RE: Toronto Community Housing RFP #15493

On behalf of Toronto Community Housing (TCHC), I am very pleased to launch the search for a development partner for Phase 2 of the Alexandra Park revitalization. This opportunity is about working with TCHC to build upon the high quality redevelopment underway in Phase 1 of Alexandra Park. TCHC has successfully partnered with a number of developers to redevelop several of our other exceptional communities, including Lawrence Heights, Regent Park, Allenbury Gardens, Leslie Nymark.and 250 Davenport

Although each of our communities is unique, with its own set of aspirations and development challenges, the underlying foundations of our revitalization philosophy extend well beyond the replacement of housing. Revitalization is about transforming communities and creating safe, inclusive and desirable neighbourhoods for residents, homeowners, neighbours and visitors. We strive for the highest standards of architectural excellence and environmental sustainability. We create quality urban design, public spaces and community facilities. We introduce residents to jobs, employment training and scholarship prospects. And, we connect residents to potential market ownership, affordable ownership and affordable rental opportunities, as funding permits.

To achieve this vision, TCHC is seeking a development partner to co-develop the second, and final, phase of the Alexandra Park revitalization. We are prepared to entertain creative business solutions that fulfill our goals and create value for both Toronto Community Housing and our selected development partner.

Alexandra Park is an 18-acre community located in one of the most dynamic growth areas in downtown Toronto, situated between Kensington Market, Chinatown and Queen West. In the past three years, as part of the first phase of the Alexandra Park redevelopment, two market condominiums were successfully launched just north of Queen Street. Phase 1 of the revitalized mixed-use, mixed-income community comprises approximately 2.2 hectares/5.5 acres of land with more than 42,000 square metres/450,000 square feet of new development in two market condominiums and 61 social housing townhouses, as well as an eight storey refurbished TCHC rental apartment building.

Phase 2 envisions the redevelopment of 5.2 hectares/12.7 acres of land with the following:
• approximately 88,000 square metres/950,000 square feet of residential and non-residential development in at least four market buildings, comprised of over 1,100 residential units, up to 5,000 square metres/54,000 square feet of retail/commercial space and at least 370 square metres/4,000 square feet of floorspace for local social enterprise;
• 122 new family-sized rental townhouses owned by TCHC and managed by the Atkinson Co-op;
• 150 social housing units and potentially some affordable rental housing units in two new apartment buildings owned by TCHC and managed by the Atkinson Co-op;
• 334 units in two refurbished rental apartment buildings owned by TCHC;
• a new community centre, public park and basketball courts; and,
• new public and private streets and infrastructure.

Developers are invited to submit their firm’s qualifications, experience, business concept, marketing strategy and analysis of risk. As well, we expect proponents to provide their proposed commitments to community economic development, community engagement, new affordable housing including affordable home ownership and other objectives important to TCHC as outlined in the RFP. ​Proposals will be evaluated in four stages, including a presentation to the community and negotiations with the top proponents.

We thank you for your interest in this rewarding and significant community and city building initiative and we look forward to receiving your submissions.


Yours truly,

Greg Spearn

President and CEO (Interim) and Chief Development Officer