2 w. ago
Federal government pledges $289 million for colourful Toronto development
The federal government has pledged to contribute $289 million to build a colourful new Toronto development that will house hundreds of rental co-op homes.Officials announced the funding commitment for the planned Kennedy Green Co-operative complex at 2444 Eglinton Ave. E. during a Friday ground breaking for the project.Hailed as Canada's single-largest co-op build in over 30 years, the complex will include 612 homes in a colourful package designed by Vancouver-based Henriquez Partners Architects, which could prove one of the most interesting new buildings in town once realized. Outrageously colourful cluster of towers will be unlike anything else in Toronto https://t.co/s5qI7cRW8k— blogTO (@blogTO) April 27, 2025The significant funding commitment is part of the federal government's Build Canada Homes initiative, which aims to spur the construction of affordable homes and improve the national housing supply. Within this broader initiative, funding for the project i...
Economics