TPLC Port Area

TPLC continues to be aligned with the City’s policies, objectives and economic development strategies by attracting and retaining jobs, increasing revenues, environmental stewardship and brownfield reclamation. We are moving forward to fulfill our mandate in 2014.

Goal 1: Transition dormant or vacant lands to higher productive use

Objectives:

  1. Effective and efficient property and asset management strategies
  2. Complete infrastructure and functional servicing for film media district
  3. Complete agreements/infrastructure requirements for relocation of heavy industrial uses to Eastern Port Lands (such as St. Marys Cement, Essroc)
  4. Align with City’s economic development strategies
  5. Expand tax base with new development

Goal 2: Provide environmental stewardship in the Port Lands

Objectives:

  1. Ensure effective and efficient environmental strategies
  2. Partner with the City, provincial ministries and bodies and other agencies to ensure environmental standards are managed
  3. Remove constraints on lands to allow leasing to take place

Goal 3: Maximize revenues from existing assets

Objectives:

  1. Manage and increase tenancies/licenses
  2. Manage funding obligations
  3. Manage investments within investment policy

Goal 4: Oversee TPLC-owned infrastructure in the Port Lands

Objectives:

  1. Continue with role as the rail provider over 4 miles of TPLC-owned track
  2. Continue with role of monitoring and improving TPLC-owned dock wall facilities

Goal 5: Preserve and create employment in the Port Lands

Objectives:

  1. Support employment studies where required
  2. Work with tenants and business owners to retain jobs in the port area
  3. Ensure competitive property tax assessments to retain industrial tenants

Goal 6: Partner with stakeholders to accelerate revitalization of the Port Lands

Objectives:

  1. Work with TRCA and other agencies to mitigate flood conditions
  2. Achieve precinct planning as part of the landowners group
  3. Work with Pan Am to leverage any legacy benefits from games
  4. Continue to offer assistance to the Expo 2025 Working Group

Goal 7: Align corporate infrastructure to meet the expectations of our shareholders

Objectives:

  1. Ensure human resources aligned to the corporate strategy to enable achieving goals (deploy the right expertise to the required areas, review job descriptions, skill sets)
  2. Refresh corporate procurement rosters