Waterfront Development Corporation - Credit Valley Conservation · 2012-08-22 · Waterfront Development Corporation to; Monitor emerging Master Plans to ensure viability and avoid

Waterfront Development Corporation

How can Mississauga create an excellent Waterfront that ensures the highest public use and enjoyment while being financially and ecologically sustainable?

Community initiated Plan for Lakeview City sponsored Inspiration Lakeview Master

Plan Memorandum of Understanding with Ontario

Power Generation

Progress to Date

Collage of workshops

We worked with a wide range of stakeholders to solicit ideas and aspirations for the future of Lakeview.

MAP 1

BIG Green Moves

MAP 1

BIG Green Moves

MAP 2

Medium & Small Green Moves

MAP 4

Medium & Small Blue Moves

MAP 4

Medium & Small Blue Moves

Use the water

Mississauga has several key but disconnected waterfront opportunity sites that are physically well suited to redevelopment and not impeded by traditional barriers such as an expressway or rail lines;

Each of these sites require a vision that is initially community driven, then professionally expanded into a master plan, then implemented in a rational and viable series of development parcels.

Overview

Connect the Waterfront

The view towards the lake

Our vision is a continuous waterfront that is a vibrant place of integrated diverse spaces celebrated for its groundbreaking contribution to the environmental, economic, social and physical wellbeing of all Mississaugans.

Redevelop: ◦ Brownfield sites converted to mixed use ◦ Industry, utilities and commerce conform to community environmental

priorities, not vice versa Restore ◦ Water quality ◦ Access to, on and at the waterfront ◦ Visibility of sky ◦ Air Quality

Preserve ◦ Celebrate cultural and natural heritage resources

Diversity ◦ Meeting needs for prosperous living, working, socializing, contemplating ◦ Inclusive, not exclusive

Our Vision

Touch the water

Hear the water

multiple government stakeholders created political obstacles slowing progress

some capital improvements such as restoring the Don River have not been accounted for financially

the excessive use of consultants tended to increase costs and slow progress

Return on investment strategies must be based on more than only financial returns. Health, design, environment, culture and other wellbeing benefits must be part of the evaluation of returns.

Ongoing tax burdens must be avoided for future generations.

See the water

The best examples of Waterfront

Development are facilitated by a Waterfront Development Corporation.

In order to best achieve its highest goals, we have determined that Mississauga requires a Waterfront Development Corporation to; Monitor emerging Master Plans to ensure viability

and avoid a future tax burden

The Big Idea

Green the waterfront

Vacuum waste drops

Bio-diverse planting

Acquire or assemble the land necessary to achieve the community vision. Manage other's land to ensure viable outcomes for

those landowners within the plan parameters Ensure that a balance of public benefit and private

fairness is maintained Measure the success of each outcome Provide a stable of committed professional staff

that is small, capable, agile and effective. Be able to implement the first ground-breaking

within 2 years.

The Big Idea

Show immediate activity to boost public confidence

Use your bicycle

Bicycle lanes

Waterside trails

1 Universal public access to the waterfront 2 Continuous waterfront trails along Lake Ontario and up

the rivers and creeks without private land interruption 3 New parks and other public facilities evenly distributed

across the waterfront 4 Vibrant populated neighbourhoods within walking

distance of an active waterfront 5 Public Transit to the water's edge 6 Restore habitat and wetlands as a component of the

waterfront 7 Open and transparent management 8 Clear vision with clear zoning and built form

expectations 9 Creation and maintenance of marine oriented industries-

tourism (tall ships, cruise ships), ship building, marine support, fishing

10 Balanced mix of uses with employment to ensure jobs within close proximity.

Live on the water

Establish the terms of reference for the formation and operation of the Mississauga Waterfront Development Corporation

Establish a funding strategy with staff profile and incremental budgets for 2012 and each subsequent year

Form the corporation within 6 months to participate and advise on Inspiration Lakeview to ensure the development strategy is workable financially

Finalize planning study and development parcel outcomes such as Inspiration Lakeview and Port Credit

Establish all seed and growth funding-environmental, venture Begin to enter partnerships or gain ownership of key

properties

Critical Path

Promote water tourism

Barcelona Pier

Lakeview Pier

City Region of Peel Province Local Community Residential investors Development investors Province – Ontario Power Generation Canada Lands -Imperial Oil- Other major land owners Conservation Authorities CVCA – TRCA LLCF- Lakeview Legacy Community Foundation and others as

formed Utilities such as Enersource and Direct Energy

Stakeholders

Cruise to work

Walk-to Marinas

Bring culture to the water

The Small Arms Centre

Curtis Aviation- 1910

Maritime Museum

www.arms2arts.ca

City Staff recommendation on tasks and budgets

Council Approval of Terms of Reference and Budgets

Negotiations and seat at the table for remainder of Inspiration Lakeview and formation of Inspiration Port Credit and others

Next Steps