In 2020, the Government of Ontario introduced a program called Transit Oriented Communities (TOC), which it described as being designed to build vibrant, mixed-use communities that will bring more housing (including affordable housing options), jobs, retail, public amenities and entertainment within a short distance of transit stations. These transit-oriented communities, and other transit development opportunities, will be located along the province’s four subway projects, GO Transit and Light Rail Transit (LRT) projects.
It was suggested the Transit-Oriented Communities Program would:
- increase transit ridership and reduce traffic congestion
- increase housing supply (including affordable housing) and jobs
- stimulate the economy through major projects
- bring retail and community amenities (for example, community centres) within a short distance of public transit stations
- offset the cost of station construction, which would save taxpayers’ money
The TOC web site also states: Benefits of transit-oriented communities are subject to negotiations and determined on a site-by-site basis with input from the local municipality, the public and Indigenous partners.
You'll note in the above bulleted list, the Ontario government states the structure of the TOC program would save taxpayers money because costs for station construction would be offset. Here's why:
With every TOC undertaken, Infrastructure Ontario and Metrolinx partner with a developer who is willing to make a substantial financial investment. Infrastructure Ontario's TOC web information says ... "To create opportunities to get even more housing built around GO and LRT, municipal and developer engagement and transactions at GO/LRT TOC sites will be led by IO wherever there is an opportunity to create more housing supply".
Infrastructure Ontario's Guidelines state the following as being benefits for third party investor participants: "TOC allows the private sector to take advantage of building compact and complete communities, bringing people, jobs, business and amenities within steps of one another".
At the outset, TOC sites were all located on subway lines and many are located on subway expansion sites. It is unusual that Oakville's GO Station at Midtown has been selected for a TOC program. Why was Oakville selected? Good Question.
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