New bridge 25 long years in the making
In 1986, the city of Toronto agreed with Canadian National and Canadian Pacific railways' plans to redevelop their rail yards as a neighbourhood, on condition they build, among other things, roads, a school, library, park - and a pedestrian bridge linking the community to Front Street, about halfway between the existing crossings at Spadina Avenue and Bathurst Street.
At present, many of the towers are up; on the site Monday, I met a real estate agent with a Russian accent selling condos in a new tower completed last month, near Spadina and Fort York Boulevard. Beside us, cranes lifted buckets of cement for a new 44-storey cylindrical condo tower rising just west, at the southern tip of the bridge. These towers count 1,600 units in all.
"You should buy one," the agent told me.
The bridge job hit many snags, not least of which was a demand from GO/Metrolinx that the bridge be higher than planned - to protect its train signal sight lines - which inspired CN to demand that the city purchase the air rights above the train tracks for a cool $700,000. In early 2009, city lawyers shot back: " 'Nil' would be an appropriate valuation." But CN got its way, and the city paid the railway $512,500 for the bridge air rights.
"The money didn't come from city coffers," clarifies Lynda Macdonald, manager of planning for west downtown. "As developers all the way to Bay Street have been asking for additional heights and density, the developers have been providing cash contributions to the city to be used for other improvements."
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http://www.nationalpost.com/opinion/columnists/bridge+long+years+making/5225481/story.html