From today's COVER-STORY in NOVAE RES URBIS Toronto -

"While Republic is not required to include an affordable housing component within the development proposed for this site, part of the settlement agreement between Republic and the City of Toronto is that Republic will be donating one of the site’s development blocks as a community benefits contribution to the City for an affordable housing project that would accommodate at least 200 dwelling units."

Based on current total-unit stats of 7,600 units - that is a 2.6% deal for permanent affordable housing units.

That said, by donating one of the site’s development blocks as a community benefits contribution to the City -- the City could at some point in the future up-zone that block for greater density, and if Mayor Chow wants to make those lands part of her "Public Builder" program -- then that is likely what we would expect they would need to do.
 
An application for subdivision had been made here..............but curiously, the report notes, the written Settlement Materials for this application (Settled last March) have never been submitted:

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Agenda Item History 2025.CC26.11

Agenda Item History 2025.CC26.11
secure.toronto.ca

@Paclo

Perhaps @RepublicDevelopments could shed some light on this.
 
So.....the materials for the above are now public.

Essentially, the matter is thus, there were a slew of pre-conditions for final approval and subdivision when the initial settlement was put together.

The matter has been awaiting finalization before the OLT.

Solicitors for Republic were basically writing the City to establish how those conditions will be framed at the upcoming proceeding.


From the above:

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*** (lots material skipped over, follow the link to read it all)

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I wonder who are the frontrunners to pick this up eventually...Tridel, Marlin Spring?
 
AlbertC said:
I wonder who are the frontrunners to pick this up eventually...Tridel, Marlin Spring?
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Tridel I think has their hands full with Regent + Alex Park and 1 Bloor. And I'm not sure they'd venture out in this part of Scarborough

Marlin hasn't done any master planned communities, but their backers/family could pull it off

SJ is prob best sold in piecemeal rather than whole. Not sure who can take down a 6m SF site today. Fengate? lol
 
https://storeys.com/republic-harlo-scarborough-junction-master-plan-listing/

More context here: "To be honest, our business plan from the get-go was always to zone and sell the land, and we're really just following through on our business plan" said Republic Developments President & CEO Matt Young in a brief interview with STOREYS on May 20. "There was always a potential that we could stay in the deal, if we raise enough capital or have a joint venture partner who came in, and those are all still options and possibilities. But per our business plan with our investors, the plan was to zone and sell the land, so we're now at the point where we're able to put it out there and see who's interested."
 
To be honest, I see for the next few years a few moderately sized upscale end user type buildings in centrally located areas, and some high rise rental near inner city transit nodes. This type of massive development in this economy needs intermediary unit investors, and in my opinion, there is simply no middle money to be made here.
 
I'll defer to the experts on UT, but could this be a project taken on by the Government of Canada to work with industry and develop a community like those at Regent Park / St Lawrence?

A mixed income residential neighbourhood combining low rent and subsidized rent with co-ops and market condos?
 
The Preservationist said:
To be honest, I see for the next few years a few moderately sized upscale end user type buildings in centrally located areas, and some high rise rental near inner city transit nodes. This type of massive development in this economy needs intermediary unit investors, and in my opinion, there is simply no middle money to be made here.
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Good prediction, I think that’s what was going to happen citywide anyway. Even during the peak of the market (‘21-22ish) it seemed clear that the biggest projects were longer-term plays that weren’t going to start until *at least* the next boom cycle. I’ll admit this one was on my radar as coming sooner than others, but I thought wrong.

I do think the investor-driven master-planned developments aren’t going anywhere in the long term. Canadian investors like their stability, housing will always need investments of some sort on its spectrum, and large-scale housing projects will be necessary to compliment (a hopeful uptick in) smaller-scale intensification in growth centres regardless.

Canada will need both big and small dev to get where it wants on housing, and we’re getting fairly good at the big stuff. The problem is really when it’s the only type of development at scale.
 
TwinHuey said:
I'll defer to the experts on UT, but could this be a project taken on by the Government of Canada to work with industry and develop a community like those at Regent Park / St Lawrence?

A mixed income residential neighbourhood combining low rent and subsidized rent with co-ops and market condos?
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I highly doubt it. The federal government is the single largest landowner in the country. Yes a lot of that is "crown land" away from urban centres but, between the 3 levels of government they own more than enough land. In other words, they are not short on potential development sites but are short on funding, expertise, and political will.
 
Een said:
I highly doubt it. The federal government is the single largest landowner in the country. Yes a lot of that is "crown land" away from urban centres but, between the 3 levels of government they own more than enough land. In other words, they are not short on potential development sites but are short on funding, expertise, and political will.
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Correct. There's no reason for any level of government to be buying zoned land. Not only do they already have so much of it (and can acquire lots more for next to nothing, if so desired), they make the rules. Official Plan? What's that. Zoning? Who cares. Urban Design Guidelines? Never heard of 'em. Community consultation? Did I stutter?

There is quite literally 0 upside to government buying expensive, entitled land.
 
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