City shortlists bidders for Pier 8 proposals
The city now has a shortlist of would-be redevelopers for Pier 8.
Five consortiums of architects and builders will now be asked to submit detailed proposals for the 5.24-hectare waterfront area the city hopes will morph into a new 1,600-unit community with new commercial and institutional space.
The bidders will have to come up with development proposals that meet city criteria around greenspace building-height restrictions and affordable housing.
Council recently voted to include language in project criteria that provides for at least five per cent of units to be priced more affordably, or within reach of a family with a $70,000 annual income.
The city and Hamilton Waterfront Trust are also independently planning a recreational trail and green space around the perimeter of the pier.
The request for proposal process is expected to wrap up in 2018.
Shortlisted bidders include consortiums with a mix of local and GTA-based partners:
Daniels (including Daniels Corp and Core Architects);
Gulf Dream (including Great Gulf Enterprises, Dream Asset Management Corp and Hariri Pontarini Architects);
Tridel (including Tridel Builders Inc. and architectsAlliance);
Urban Capital/Core Urban (including Urban Capital Property Group, Core Urban Inc., Milborne Real Estate Group, Saucier + Perotte and RAW Design;
n Waterfront Shores (including Cityzen Development Corp., Fern- brook Homes Group, GFL Environmental Inc., Greybrook Realty Partners Inc and KPMB Architects).