Regent Park Tower Breaks Ground as Community Watches Affordability and Return Rights
A new chapter in the redevelopment of Regent Park began on March 2, 2026, as government officials and Toronto Community Housing broke ground on a new affordable housing tower at the southeast corner of Gerrard Street East and Dreamers Way. The 26-storey building will bring 271 affordable rental homes to the neighbourhood as part of Phase 4 of the Regent Park Revitalization. According to project details, the development will include 136 replacement rent-geared-to-income (RGI) units for residents displaced during earlier phases of redevelopment, along with 135 new affordable rental homes intended to expand the supply of lower-cost housing in the community. The building will also include indoor and outdoor community spaces and a mix of unit sizes, with an emphasis on family housing. If construction proceeds as planned, tenant occupancy is expected in 2029. The project represents more than $219 million in public investment, including $50.7 million from the City of Toronto, $86 million from...