This is the city's vision for a new waterfront park at the foot of Bathurst Street

A money-losing parking garage near the foot of Bathurst Street could be closed as early as 2024 to make way for a new “signature” waterfront park which is currently in the early stages of development, city staff say.
The two-storey below grade garage, built in 1985, has been operated by the Harbourfront Centre under a long-standing lease agreement but staff say that the structure needs millions of dollars in repairs and is likely to be “permanently closed” by early 2024.
That would, in turn, create an opportunity to utilize the land it stands on as part of a new three-acre waterfront park planned for the area. The vision for the park also calls for a structure to be built over part of the adjacent Portland Slip.
Speaking with reporters during a press conference on Tuesday, Mayor John Tory said that the underutilized parking garage would essentially serve as the “structural foundation” for the “new signature waterfront park.”
Right now construction is slated to begin in 2026 but Tory said that he believes that timeline can be accelerated.
“I am excited about the Bathurst Quay waterfront park because we get to open three more acres of our waterfront,” he said. “For so many years this city turned its back on the waterfront. I was at something just last week remarking on the fact that I remember when there were literally car wreck yards and used tire places right up against the water. That is what was there and we are changing that. A parking lot may have seemed like a good idea at the time it was put there but like a lot of things times change and we will do something much, much better.”
The update on the Bathurst Quay project is included in a wider staff report that also provides details about planned parkland initiatives for the median that runs along University Avenue, as well as areas surrounding existing rail corridors that run through the downtown core.
Tory conceded that the projects are “big” and “will take some time to get done” but he said that it is “important” for the public to know that the city is making progress.
For that reason, the staff report details activities that have been undertaken to date to advance each of the projects as well as timelines for the work that the city hopes to accomplish in the next five and 10 years.
“Like all major moments in the life of our city we are laying the ground work today to provide public spaces for current and future generations of residents and visitors,” Tory said. “These projects are opportunities to deliver much needed public and green space in areas where it is currently lacking. They will provide beautiful new parks and public spaces for everyone who lives here works here and visits here. These projects are all possible, even if they are also complicated.”
Staff say that “early conceptual planning” for the Bathurst Quay park envisions a “combination of both hard and soft scape spaces suitable for a range of both passive and programmed park uses and functions.”
They also say that the historic Canada Malting Company silos will be utilized as “a year-round, outdoor canvas for possible custom projection mapping shows, waterfront film festivals hosted in the new park space, and/or displays of public art that showcase both traditional and digital artistic mediums.”
CTVNews.ca Top Stories
BREAKING | Two children at centre of Sask. Amber Alert found safe in South Dakota, suspect arrested
The Meade County Sheriff’s Office in South Dakota said it has arrested the man wanted in connection with an Amber Alert in Saskatchewan.

Exposure to synthetic 'forever chemical' linked to liver cancer, study finds
Exposure to synthetic ‘forever chemicals’ often polluting the environment has been linked to the most common type of liver cancer, according to a recent study.
Ontario nurse facing charges after alleged assault that left 2-year-old in hospital
An Ontario nurse is facing charges in connection with the alleged assault of a two-year-old boy with “significant medical limitations” in Niagara Region.
Poilievre preferred among Conservatives, but Charest favoured by Canadians: poll
Ontario MP Pierre Poilievre remains the heavy favourite to be the next Conservative party leader but he trails opponent Jean Charest for support among Canadians as a whole.
How one Canadian family of five is coping with the highest inflation in years
With inflation rising at its fastest pace in nearly 40 years, the cost of everything from food to gas has skyrocketed. Canadians across the country are feeling squeezed, but big families with multiple children are at times shouldering much of the higher costs — and changing demographics and consumer patterns have left some of them more exposed to inflation than in previous generations.
Heavier flow, breakthrough bleeding reported among some individuals after COVID-19 vaccine: study
A new study found that people with regular menstruation cycles and those who typically do not menstruate either experienced a heavier flow or breakthrough bleeding after being vaccinated against COVID-19.
Trump says he's testifying Wednesday in NY investigation
Former U.S. President Donald Trump will be questioned under oath Wednesday in the New York attorney general's long-running civil investigation into his dealings as a real estate mogul, he confirmed in a post on his Truth Social account.
Meet Wyatt Sharpe, 13, journalist who's interviewed some of the biggest names in Canadian politics
At the age of 13, Wyatt Sharpe has interviewed the prime minister, a premier, party leaders and cabinet ministers -- and he's not even in high school yet.
2,300-year-old Chinese chemistry formula deciphered after analyzing ancient coins
The ingredients in a 2,300-year-old ancient Chinese chemistry formula have finally been identified, revealing new secrets about metallurgy in ancient China.