TORONTO-Waterfront Toronto, a public-private group charged withredeveloping the city’s land area at Lake Ontario, has selectedTexas-based Hines to build an $800 million mixed-use complex on 10acres in the East Bayfront district. The project, to be calledBayside, would have a mix of condos, apartments, offices andretail.

The City Council’s Executive Committee has approved the project,planned for vacant industrial land south of Queens Quay Boulevardbetween Lower Sherbourne and Parliament streets. The full councilis expected to vote on the plan by Aug. 25.

Plans for the project include 1,700 new residential units. Mostwill be condos, but “about 20 of the units are required to beaffordable rental housing,” says Hines VP of Development AviTesciuba. Also included will be 450,000 square feet of offices and200,000 square feet of retail, all done in a phased manner based ondemand, Tesciuba tells GlobeSt.com. “The site is already startingto get interest. It’s really spectacular, right on the water butalso five minutes from Union Station and five minutes from thefinancial core of Downtown,” he says. “We will do phases ofmid-rise buildings, with 300 residential units or 200,000 squarefeet of office at most.” First occupancy would be as early as 2014,and full completion would be by 2021, Tesciuba says.