As Toronto readies itself for the influx of FIFA World Cup enthusiasts this summer, troubling news awaits thousands of new homeowners, according to information obtained by CBC Toronto. The city has imposed significant limitations on construction activities in downtown areas and major roadways from May 1 to July 31 to ensure smooth traffic flow during the six scheduled games in Toronto.
Builders and developers have expressed concerns to CBC Toronto, indicating that the restrictions may lead to prolonged inactivity at construction sites, affecting around 10,000 individuals waiting to move into new homes this year, primarily in condominium towers under construction. This could result in delays of up to two months in the expected move-in dates.
Scott McLellan, the COO of developer Plazacorp, revealed that buyers anticipating occupancy in units later this year might need to make alternative living arrangements due to potential delays in construction completion. The lack of clarity on affected buyers arises from the absence of a public registry until titles are transferred post-construction completion.
The establishment of a significant no-roadwork zone for an extended period remains unclear. Despite inquiries, Mayor Olivia Chow’s office declined to address the rationale behind this decision when approached by CBC Toronto.
Toronto is set to host six games between June 12 and July 2 at Toronto Stadium, also known as BMO Field, located at Exhibition Place. Builders and developers were provided with a map by the city delineating restricted areas for road work from May 1 to July 31, limiting construction activities within the specified zones.
During a recent webinar with builders, the city’s Dave Twaddle outlined that staging areas for developers could remain, but deliveries would be halted for three days around each World Cup game. Toronto Hydro also confirmed its focus on emergency work only during the designated period, potentially impacting projects requiring electricity hookup.
The unexpected restrictions have left builders and developers surprised and puzzled. Industry representatives, including Richard Lyall and Justin Sherwood, have voiced concerns over the disruptions during the peak construction season. The city seems willing to review exemption requests on a case-by-case basis to facilitate construction progress.
Despite the reassurance from the authorities, industry insiders fear the challenges posed by the restrictions, emphasizing the need for constructive dialogue to address the setbacks and added costs for the construction sector. The uncertainties surrounding missed deadlines and potential financial burdens are causing apprehension among builders and subcontractors working on various projects in Toronto.
