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City of Toronto Media Relations has issued the following:
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Today, Mayor Olivia Chow, Salma Zahid, Member of Parliament for Scarborough Centre—Don Valley East, Councillor Michael Thompson (Scarborough Centre) and City of Toronto staff to break ground on Canada’s largest co-op housing development in a generation.

About Kennedy Green
This development, on City-owned land adjacent to Kennedy GO and TTC Station, will deliver a total of 612 new homes including affordable and market rent-controlled co-operative homes. Funding for the project is provided by the federal government, through the Co-operative Housing Development Program and by the City. 

Kennedy Green located at 2444 Eglinton Ave. E., formerly a commuter parking lot, is being developed through a partnership between the City, CreateTO and the Co-operative Housing Federation of Toronto. Civic Developments and its partners are providing development management services. 

This site is one of almost 100 City-owned sites that are either housing-ready or may be unlocked for new housing. Kennedy Green will consist of two co-op buildings with a mix of studios, one-bedroom, two-bedroom and three-bedroom apartments.    

Kennedy Green is a prime example of the City’s commitment to speed up approval times to get more affordable housing built. Thanks to the collaboration between CreateTO, the City and the developer group, this project’s application for re-zoning was approved in just sixty-nine days.  

Award winning design
The all-Canadian design team behind Kennedy Green includes Vancouver-based Henriquez Partners Architects and Montreal-based landscape architects CCxA. The project has been recognized internationally receiving design accolades including a Future Homes Award for Mixed-Use Buildings and the 2025 Green Good Design Award for Green Architecture.   

With a geothermal energy system, the building will support the City’s climate action objectives and achieve Toronto Green Standard Version 4, Tier 2. Kennedy Green is also being delivered under the One Planet Living Framework – a first for Toronto – to promote sustainable living. The site will also offer 474 square metres of community space as well as 332 square metres of retail space.   

This project is contributing to the City’s HousingTO Plan target to deliver 65,000 new rent-controlled homes including 41,000 affordable rental, 6,500 rent-geared-to-income (RGI) and 17,500 rent-controlled homes by 2030. More information is available on the City’s website.

Quotes: 

“The City of Toronto is breaking ground on Kennedy Green, the largest co-operative housing development in Ontario and one of the largest in Canada. This project will deliver 612 new homes in Scarborough, including affordable and market rent-controlled co-op units. By working closely with key partners, leveraging City-owned land, and investing over $35 million, we approved this project in record-breaking time and are delivering a more caring and affordable city for Torontonians.”
– Mayor Olivia Chow 

“Our Government is proud to support this initiative, part of our ongoing efforts to build strong, affordable communities across the country. The Kennedy Green Co-op will make a real impact on lives for our community here in Scarborough, and it’s another step forward in our bold, ambitious plan to build Canada strong.” 
– Salma Zahid, Member of Parliament for Scarborough Centre—Don Valley East 

“Kennedy Green is the type of development Scarborough needs and will embrace. It promises 612 new homes, set in a mixed-use neighbourhood and a transit-oriented community. It's precisely what will allow Scarborough to grow and achieve the sustainable population of the future."
– Councillor Michael Thompson (Scarborough Centre)  

“2444 Eglinton is the kind of bold, collaborative project Toronto needs to address housing affordability. By bringing together incredible partners from the non-profit and private sectors, we turned a shared vision of inclusivity and sustainability into purpose and moved this development forward at an unprecedented pace. The result is not only a community with lasting benefits for the people of Scarborough, but an award-winning design that sets a new standard for excellence. We are pleased to see more co-op housing built on city-owned land and can’t wait for Kennedy Green at 2444 Eglinton to welcome its new members. This project is proof that when we work together, we can build a city where everyone has a place to call home.”
– Vic Gupta, CEO, CreateTO  

“Kennedy Green at 2444 Eglinton sets a new standard for co-op housing in Canada. After 50 years of supporting the co-op movement in Toronto, we’ve built on our experience and delivered world-class design to set the stage for a renaissance of co-op housing. With this new momentum, CHFT is focused on making co-ops a well-known and available type of housing for a new generation.” 
– Tom Clement, Executive Director, Co-operative Housing Federation of Toronto 

Toronto is home to more than three million people whose diversity and experiences make this great city Canada’s leading economic engine and one of the world’s most diverse and livable cities. As the fourth largest city in North America, Toronto is a global leader in technology, finance, film, music, culture and innovation and climate action, and consistently places at the top of international rankings due to investments championed by its government, residents and businesses. For more information visit the City's website or follow us on X, Instagram or Facebook.

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