Phase One of this project was launched this past Monday and includes the area bounded by Parliament, Oak, Sackville and Dundas Streets. Demolition is occurring now and construction is slated to begin this summer.

What is going to go up in the place of these buildings will be “approximately 700 units of housing – market, social housing and affordable ownership, along with retail and community service space” according to a Toronto Community Housing press release. The entire project is expected to take from 10 - 12 years.

Local blogger Deb attended the opening of Phase One and has pictures up on her site.

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