The film industry is valuable, yes, and juxtapositions are interesting. But a film cluster gains nothing by occupying waterfront land.
This isn't quite correct.
There are two reasons these sites are preferred right now, incentives aside.
The first is that a critical mass of the industry has established here from post-production, to studios, to equipment suppliers.
When this establishment began, no one (okay, very few) foresaw this as a residential area in the near or medium term.)
Now, lets set that to one side.
An awful lot of productions do location shoots. Downtown streets are regularly lined by trailers and generators. Distance matters.
Many celebrities are also rented accommodation nearby ranging from hotels to short-term rentals.
Could the studio services themselves be anywhere? Yes.
But that locks at them in isolation. Proximity matters. To related businesses and to off-set shooting locations.
The Portlands has it all in that sense. Its near to everything.
Replacing that with studios in Markham or Mississauga, at best, creates significant commutes and congestion.
At worst, Toronto loses that business to jurisdictions that are more accommodating
The film studios under construction here (with subsidies) are windowless big boxes that need silence and lots of parking. They will be directly in tension with the construction and occupancy of a new downtown neighbourhood that will house tens of thousands of people.
Cinespace signed a 30-year lease on the Marine Terminal waterfront site in 2022. This is going to be a problem.
I prefer cinespace to the planned housing for the most part. People need jobs. They have to go somewhere, and we talk about a 15 minute city with reverence then suggest that 1/2 the functions need to go 60 minutes away.
Not sure how that comports.
We've discussed ad naseum why the proposed density levels here make no sense and can't be made to work. Its math, not politics.
The densities proposed require a subway to the door, and they won't have one. That's it.
A lack of coordinated thought is everything.