50-Storey Mixed-Use Tower Proposed in Liberty Village

A major new high-rise development is being proposed for the western side of Toronto's Liberty Village, where plans call for a 50-storey mixed-use tower containing 514 residential units, ground-floor retail and two levels of community space.

The development is proposed for 58 Atlantic Avenue by 2-8 St. Thomas Street LP c/o BGO.

With a gross floor area of approximately 47,335 m², the project would represent a substantial addition to the western portion of Liberty Village, an area still characterized largely by low- and mid-rise buildings.

No construction start date has been announced.

514 Residential Units Planned

The proposed 50-storey tower would contain a total of 514 residential units.

The housing program includes:

• 464 other residential units
• 30 affordable rental units
• 20 rental replacement units
• 514 total residential units

Toronto Today reports that retail space is planned at ground level, adding a commercial component to the project. Two levels of the development would also be dedicated to community space.

At approximately 47,335 m² of gross floor area, the development would require a substantial high-rise construction program if it receives the necessary approvals.

Previous 11-Storey Office Project Replaced by Larger Proposal

The development represents a significant change from what was previously planned for 58 Atlantic Avenue.

An 11-storey office building had already been approved for the property but had not proceeded to construction.

Following provincial changes allowing increased height and density around transit stations, the development team submitted the new proposal for a 50-storey mixed-use tower. The revised plan shifts the site from a comparatively modest office development to a major high-rise residential and mixed-use project.

For the construction industry, that change dramatically increases the potential scale and scope of work at the property.

Ontario Line Could Transform Western Liberty Village

The development site is particularly significant because of its proximity to the future Ontario Line station serving Liberty Village.

The 15.6-kilometre Ontario Line is currently under construction and will extend from Exhibition Place in Toronto's west end to the Eglinton Crosstown LRT at Don Mills Road.

Liberty Village is set to receive a station near the bottom of Atlantic and Jefferson avenues. In August 2025, the provincial government approved increased height and density near approximately 120 transit stations across Toronto. The changes helped create the conditions for the much larger proposal now planned at 58 Atlantic Avenue. The future transit connection could make the western portion of Liberty Village increasingly attractive for higher-density development.

Community Space Included in Development

While residential construction would make up the majority of the proposed building, plans also include two levels dedicated to community space.

That component could add a different range of interior construction requirements compared with the residential portions of the tower.

The development would also include ground-floor retail, requiring commercial storefront, mechanical, electrical and interior fit-out work.

Details about the future tenants or specific uses of the retail and community spaces have not yet been announced.

Residents Raise Concerns About Development

The proposed height has generated concern among some Liberty Village residents, particularly because much of the western portion of the neighbourhood remains lower in scale than the eastern section.

The Liberty Village Residents' Association has heard concerns about the project and the infrastructure required to support continued population growth.

Robert Howley, director of the association, said additional development needs to be accompanied by new neighbourhood infrastructure. Residents have identified needs that include a community centre, library, school, post office and additional green space.

Local resident Janet Robinette has also opposed the proposed 50-storey tower, arguing that Liberty Village has already experienced extensive development and that the western portion should retain more of its existing character.

City Planning Studying Future of Liberty Village

Coun. Ausma Malik said the City has been working with residents through Liberty for All, a City Planning-led initiative examining the future of the neighbourhood.

The planning process has identified affordable family housing, community facilities, improved public spaces and transportation options as priorities for the western portion of Liberty Village.

How the 58 Atlantic Avenue proposal advances through the planning process will therefore be important to watch.

The project does not yet have a construction start date, and additional planning and approval work will be required before construction can move forward.

Major High-Rise Construction Opportunity

If approved, the 50-storey tower would create a substantial construction opportunity in a part of Liberty Village that could see additional redevelopment as the Ontario Line approaches completion.

The proposed 47,335 m² building combines several construction components within one project:

• High-rise residential construction
• Affordable rental housing
• Rental replacement units
• Ground-floor retail
• Community facilities
• Public-facing commercial space

The building's height would also make it one of the more prominent structures on the western side of the neighbourhood.

Construction Trades Involved

Although construction has not yet started, a 50-storey mixed-use development of this scale could eventually require a broad range of contractors, subcontractors and suppliers, including:

• Demolition contractors
• Excavation contractors
• Shoring contractors
• Caisson and foundation contractors
• Concrete forming contractors
• Reinforcing steel contractors
• Structural concrete contractors
• Masonry contractors
• Building envelope contractors
• Curtain wall and glazing contractors
• Exterior cladding contractors
• Roofing and waterproofing contractors
• Mechanical contractors
• HVAC contractors
• Plumbing contractors
• Electrical contractors
• Fire protection contractors
• Elevator contractors
• Drywall and insulation contractors
• Carpentry contractors
• Millwork and cabinetry contractors
• Flooring and tile contractors
• Painting contractors
• Door and hardware contractors
• Lighting contractors and suppliers
• Retail fit-out contractors
• Community-space fit-out contractors
• Landscaping contractors
• Streetscape contractors
• Sitework contractors

The retail and community components could create additional commercial interior opportunities beyond the residential tower construction.

58 Atlantic Avenue Adds to Liberty Village Development Pipeline

Liberty Village has undergone extensive redevelopment over the past several decades, particularly in its eastern portion, where high-rise condominium development has transformed the former industrial district.

The proposed 58 Atlantic Avenue tower suggests that development pressure is now extending farther west as major transit improvements reshape the area.

The project's transition from an approved 11-storey office building to a proposed 50-storey mixed-use tower is particularly notable. If the new proposal moves through the City's approval process, the site could eventually deliver 514 residential units, including 30 affordable rental homes and 20 rental replacement units, along with retail and two floors of community space.

For contractors and suppliers tracking Toronto's future construction pipeline, 58 Atlantic Avenue will be a project to watch as it moves through planning and toward potential construction.