Suburban Development News

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http://www.theglobeandmail.com/news/nati...erfront-development-plan/article2259142/

Mississauga to draft waterfront development plan

ADRIAN MORROW
From Saturday's Globe and Mail
Published Friday, Dec. 02, 2011 10:47PM EST

Mississauga is forging ahead with an ambitious plan to redevelop parts of its Lake Ontario shoreline by backing the creation of a single agency to oversee it.

City council voted unanimously to have staffers design the structure of a public waterfront development corporation and draw up its budget. Their report is expected early in 2012.

The largest component is a new mixed-use neighbourhood, complete with canals, art galleries and a streetcar line, on the former site of the Lakeview Generating Station. City staffers are preparing a detailed plan that should be finished in about 18 months. City councillor Jim Tovey is optimistic construction will start soon after.

A citizen task force has also identified several other pieces of waterfront real estate with redevelopment potential. These include a hangar-like building in Port Credit that could be turned into a covered market, and lands that once housed an Imperial Oil refinery.

In the meantime, the city is working on smaller projects along the water’s edge. One involves fixing up a long-abandoned coal pier that juts a kilometre into Lake Ontario from the former power plant site and linking it to waterfront trails. Another entails recreating a wetland near the eastern edge of Lakeview.