As the first phase of Toronto's new revitalized waterfront, River City is Toronto's groundbreaker for the twenty first century. A five building community of over 900 loft-style condominiums and family-friendly townhouses, together with street-level restaurants, cafes, and boutiques, it is about a new way of living, and a new style of living, unlike any other in Toronto. River City also sits adjacent to Don River Park, nearly eight hectares of parkland built atop a flood protection embankment. River City will be built over the next seven to ten years.
The extensive waterfront revitalization master plan calls for 6,000 residential units, 1,200 of which are to be affordable rental housing. There will also be one million square feet of employment space, an elementary school and two child-care centres. West Don Lands is the site of the 2015 Pan Am Games Athlete's Village, which will deliver 2,100 of the total 6,000 units.
The first phase of River City will be ready for occupancy starting in 2012. Phase 1 to contain a total of approximately 350 suites, with approximately 250 suites in the King Street building and approximately 100 suites in the River Street building. Both buildings will have striking lobbies and will be connected by a 3-storey bridge.
Tentative occupancy for River Street building - November 2012, and King Street building - February 2013