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Waterloo kicks off regional transit hub build with RFQ

Waterloo kicks off regional transit hub build with RFQ

Published: 2017-08-31
by DON WALL - Staff Writer, Daily Commercial News Original Article
The Rumpel Felt heritage building will be incorporated into the transit hub development plan. There will be some requirements to maintain the historic elements of the building as well as blending it into the mixed use development. - Photo: REGION OF WATERLOO
The Rumpel Felt heritage building will be incorporated into the transit hub development plan. There will be some requirements to maintain the historic elements of the building as well as blending it into the mixed use development. - Photo: REGION OF WATERLOO

The Region of Waterloo has launched the process of finding a private developer to undertake a significant multi-use development that would incorporate a regional transit hub and serve as the region’s bookend to the burgeoning Toronto-Waterloo Innovation Corridor.
The region issued a Request for Qualifications (RFQ) May 3 that will lead to a Request for Proposals in September and then a preferred master developer will be chosen next spring. The development framework will see the winning proponent take ownership of a four-acre brownfield site near the intersection of King and Victoria Streets in Kitchener and be responsible for design and delivery of the on-site transit infrastructure and its own mixed-use development.

Completion of the King-Victoria Transit Hub is targeted for the end of 2021 with full build-out of the private mixed-use development expected by the end of 2027.

Beyond co-ordinating regional transit operations such as Grand River Transit (GRT), ION LRT, GO Transit, Via Rail, inter-city buses and possibly high-speed trains along the proposed Windsor-Toronto corridor, the development will further enhance the stature of Kitchener-Waterloo within the regional Ontario tech sector, explained Ellen McGaghey, the Region's project director, King-Victoria Transit Hub.