Toronto Has 192 Acres of Waterfront Sitting Underused. Not for Much Longer.

The Board voted yes. The planning and consultation work is underway. And the operators who understand where this is heading will be better positioned than those who wait.

The Board said yes. A long-term commercial opportunity is taking shape on Toronto’s western waterfront. And the operators paying attention now will be better positioned than those who wait.

Exhibition Place has been studied, planned, consulted on, and reimagined for the better part of two decades. Reports have been written. Concepts have been rendered. And for most of that time, the grounds have looked more or less the same. Roadways. Parking lots. A collection of individually successful venues surrounded by exterior grounds that remain largely untapped, coming alive for 18 days every late summer and going quiet again by September.

Don Boyle

On April 16, that started to change.

The Exhibition Place Board of Governors unanimously endorsed the Vision Plan, a framework that would transform 192 acres of Toronto’s western waterfront into a connected, year-round destination. A reimagined Food Building. A pedestrian spine from the Ontario Line to the water. A 69,300-square-foot Festival Plaza. Nexus Park. A Food Village. A Hub.

Don Boyle presented the plan to the Board himself. In the days following the endorsement, he sat down with 6ix Retail to talk through what the Vision Plan actually means, how it gets built, and what the site can become.

Exhibition Place Vision
Exhibition Place Vision – Festival Plaza (CNW Group/Exhibition Place)

Boyle has been CEO of Exhibition Place since August 2019. Before that, he spent nearly twelve years as Chief Administrative Officer of Haldimand County, where the municipality achieved four consecutive credit rating upgrades under his watch. Before that, he served nine years as Director of Parks and Recreation for the City of Toronto, starting at the moment of amalgamation in 1998. And before that, he spent the better part of a decade in Brampton and East York, working his way up from sports and fitness supervisor to director of public works and parks operations.

It is, on reflection, precisely the career you would design if you knew this job was coming.

“My career actually does fit this place,” Boyle said. “It is as much government relations as it is convention and meeting industry experience. It is relationships. When I look back at all of it, it all served together over time.”

The Vision Plan is the product of that accumulated experience being pointed at a single problem. Exhibition Place is one of the most visited destinations in Canada, attracting over 5.5 million visitors a year and generating more than $595 million in economic impact in 2025 alone. And yet for most of the year, for most Torontonians, it is a place you drive past on the Gardiner rather than a place you go.

“As much as people think there is nothing going on, there is so much happening on a daily basis. The challenge has always been trying to work with all the key stakeholders and ensure that at the end of the day it is a great experience for the public. It is very unique.”

Ontario Line Exhibition Station (Rendering: Ontario Line)

The Ontario Line is what changes the equation. Exhibition Station is projected to be the second busiest stop on the entire line, with 42,000 weekday passengers by 2041. Those riders will step off the train and arrive at the rear of the Food Building, a structure that has operated for 18 days a year during the CNE and spent the rest of its time as storage. CNE CEO Mark Holland is already working on plans to reimagine it, and Boyle sees it as the commercial and cultural gateway to everything south of it.

“What we are really looking at is a 365-day-a-year activation. Given that the new Exhibition Station entrance sits right at the rear of that building, the reimagination of the Food Building is absolutely key to the whole vision.”

Ontario Line Exhibition Station (Rendering: Ontario Line)

According to Boyle, the RBC Amphitheatre already sends 1.2 million people past the front door every concert season. Ontario Place is being redeveloped directly to the west. A second hotel and a 5,000-seat entertainment complex are in the pipeline. The ingredients have been assembling for years. What the Vision Plan provides is the connective tissue.

For the spine, the hub and the plaza concession areas, Boyle sees a competitive process on the horizon, though he is clear that the consultation and planning work comes first. “We will likely send that out to a competitive process, looking for ideas that can transform that area from a food, retail and entertainment perspective. We want the best thinking out there.”

Exhibition Place Vision – Nexus Park (CNW Group/Exhibition Place)
Nick Di Donato

Nick Di Donato, President and CEO of Liberty Entertainment Group, whose Liberty Grand anchors the site’s events business, has watched the grounds evolve across multiple chapters. “Exhibition Place is not only one of Toronto’s most iconic destinations, but also a critical economic and cultural hub supporting major events, tourism and community engagement. Its emphasis on modernization, enhanced connectivity, improved public realm and expanded year-round programming aligns with the needs of today’s event organizers, guests and partners.”

The complexity Boyle is navigating is real, and he does not minimize it. The site hosts over 2,100 events annually. Many of those festivals arrive with their own food and beverage contracts baked in, and that is part of how they fund their operations. Building a year-round commercial layer alongside visiting festivals that expect to control their own concessions requires a framework that does not yet exist.

“When you bring in outdoor festivals, they want to run their own food and beverage. That is part of how they pay for their events. So we need to find ways for outside festivals to participate on the grounds while allowing our year-round operators to build a sustainable business at the same time. If something like a winter market takes place along the hub for November and December, how does that fit in with an event like One of a Kind? How does it not detract from it? How does it augment and complement it? These are the situations I have to weigh with stakeholders, and that is the challenge and the opportunity of Exhibition Place.”

Ilana Altman

Public consultation over the next six to twelve months will work through that framework. The Bentway, which operates the linear park running beneath the Gardiner to the north, is already engaged. “The Exhibition Place Vision Plan reflects a thoughtful, future-oriented approach that prioritizes integration, accessibility and partnership,” said Ilana Altman, CEO of The Bentway. “The Bentway is proud to be a collaborator in this evolving landscape and looks forward to continuing our work with Exhibition Place to realize shared goals for high-quality public space, cultural expression and connected communities.”

Ric Amis, Chair of the West Side Community Council, offered a read that reflects the broader community mood. “Overall, the Vision Plan sets out an ambitious and promising framework. With careful attention to everyday use, equitable access and genuine community partnership, Exhibition Place can evolve not only as a major destination, but as a lived, shared civic space.”

Ausma Malik

Deputy Mayor Ausma Malik, who chairs the Board of Governors, was direct. “This Vision Plan is about revealing the full potential of Exhibition Place, transforming this vital city asset into an even more welcoming, accessible and vibrant year-round destination.”

Boyle reaches for the closest local comparison without hesitation. “Union Station was a place people just passed through. A beautiful building with lots of heritage, but Toronto had really forgotten about it. Now 90 million people move through it annually and it is one of the most successful retail destinations in the city. That is the same line of thinking I am bringing to Exhibition Place.”

He has spent his career getting things done inside municipal structures that move slowly and involve competing interests. His approach has not changed. “What can you live with is one of my favorite sayings. It is not going to be perfect, so what can we live with and how do we move forward? I may not always get exactly what I am looking for, but I am always trying to move the yardsticks so that we are constantly improving.”

Exhibition Place Vision

The Vision Plan was endorsed in principle. Financing across city, provincial and private sources still needs to be worked out. The Board has directed Boyle to report back on planning and financing options by Q1 2027. A Consultation and Engagement Plan is due by Q4 2026. The goal is to have the project complete in time for the Ontario Line opening in 2031.

“At the end of the day, it is going to take public opinion. If the public wants it and they are loud about it, it will get done. Our strategy is going to be to mobilize these groups, get them behind the project, and let that energy inform what we build.”

Inside his organization, the work is already underway. “I am readjusting our organizational structure and realigning resources to make sure this is a living project every single day, not just a one-time announcement that ends up in the corner of someone’s desk. We are putting the resources behind it to bring it forward.”

The vision Boyle is working toward is one he comes back to throughout the conversation. Not a convention centre with a park attached. Not a seasonal fairground with ambitions. Something more like what you find when a great city finally decides to take one of its most important pieces of land seriously.

“When someone steps off the Ontario Line and walks onto our grounds, the key is that it feels seamless. That they have arrived. Exhibition Place, 192 acres, the entire western waterfront, it all becomes one. They do not care who owns it or who operates it. They just want a great experience. Let’s just make a great experience that others will talk about and that other cities will be envious of.”

For 192 acres on Toronto’s western waterfront, that experience is being designed right now.

More from 6ix Retail

Lightspeed Study Finds AI Favours National Chains Over Independents

AI chose the national chain up to 94% of the time. Dax Dasilva tells 6ixRetail the one-word change that shifts the results, and what retailers should do now.

One Year Later: What Happened to the 13 Toronto Starbucks Locations That Closed in 2025

Eight of nine former Toronto Starbucks spaces are still vacant a year later. See photos of each location, plus the one coffee shop moving in.

Book City Marks 50 Years as One of Toronto’s Longest-Running Independent Bookstores

Toronto independent bookseller Book City celebrated its 50th anniversary this month. Owner Ian Donker spoke with 6ixRetail about staff loyalty, competition, and running a family business across four Toronto neighbourhoods.

Starbucks Closing More Toronto Locations as Second Wave Hits Stores Across Canada

Starbucks is closing Toronto stores on Bay Street, Church Street, Portland Street and Yonge Street this week. Full list of closing locations across Canada, with addresses.

How Toronto’s Stalled Developments Are Creating New Retail Leasing Opportunities

Value Insight Realty CEO Sari Samarah on downtown sites, from a fully demolished block on King East to a still-standing corner on Bloor West, and what they reveal about tenant mix, construction costs, and where the market is headed into ICSC.

Egg Club Brings Second PATH Location to MetroCentre Concourse

With strong numbers at Union Station, Egg Club is betting that an additional PATH location and a widening value menu can carry the brand into its next phase of growth.

The AI Commerce Features Nobody Needs

Lightspeed Commerce CTO Bhawna Singh explains why the strongest AI products won't be defined by how much AI they ship, but by the problems they solve for customers

Rosso Pasta Bar Set to Open First Location Inside The Well

Co-founders Raja Jay and Karthiga Raja are betting their first fully independent concept on a family trip to Italy, a food hall built for foot traffic, and 15 years of retail experience.

McDonald’s Is Expanding Across Toronto

Five new sites, from a former pub in Riverside to a food court corner at Yorkdale, point to two very different strategies playing out at once.

The Back to School Calendar Was Never Built for the Canadian Shopper

Lightspeed CEO Dax Dasilva on why Canadian back to school promotions start in June while families don't shop until August, and what retailers should do about the gap.

Juicy Birds Set to Open First Downtown Toronto Location

The Toronto-based social media sensation will be setting up shop on John Street, with a goal to run the location around the clock.

Toronto’s Waterfront BIA Eyes a Signature International Festival as part of New Events Strategy

A new 85-page report from the Waterfront BIA lays out a plan to unify Toronto's waterfront into one connected destination, with a Vivid Sydney-style signature festival as the long-term goal.

SUSO Skate Co. Confirms Woodbine Mall & Fantasy Fair for Next Pop-Up

Co-founder Henry O'Brien breaks down five years of Toronto mall leasing, SKATEVAN's U.S. franchise plans, and how vacant retail space became a business model.

Gabby’s Harborfront Confirmed to Open September 2026, Replacing NBA Courtside Restaurant

The move keeps the address under the same operator, as Urban Dining Group shifts one of its own downtown properties from a licensed NBA concept to its longtime sports bar brand.

Roots Is Going Private in a Deal Led by Joe Mimran and Marquee Brands

The $4.10-a-share deal ends Searchlight Capital's decade as controlling shareholder and hands day-to-day control to a new Toronto-based operating company.

RUDSAK Confirms New Bloor Street Boutique for Fall 2026

COO Armen Momejian on the AI-designed boutique taking over the former Van Cleef & Arpels space, and why going smaller was the point.

Inside Toronto’s Malibu Barbie Cafe

Now open at 70 The Esplanade, the pop-up making its Canadian debut brings retro beach dining, a roller rink, and exclusive merchandise to Toronto for an eleven-week run. Here's a look inside.

Brasa Peruvian Kitchen to Open First Airport Location at Toronto Pearson

Founder and CEO Michel Falcon on the Banmore Group partnership, adjusting for an airport customer, and what's coming next for the brand.

Little Canada Rebrands as Pocket Planet Canada, With Toronto Named the Brand’s Global Flagship

Founder and CEO Mark Vlassopulos on why Toronto is now the company's flagship, the philosophy behind the design, and what's coming next for the attraction.

The Last Mile Meets the Front Door

Grocery chains, quick service restaurants and mall landlords across Canada are signing third-party delivery deals faster than their stores can handle the traffic.

Most Read on 6ix Retail

Hundreds of Starbucks Workers Face Job Loss as Chain Closes Stores Across Toronto

Chain shutters underperforming stores as part of $1B restructuring, leaving baristas seeking new employment

Starbucks Closing More Toronto Locations as Second Wave Hits Stores Across Canada

Starbucks is closing Toronto stores on Bay Street, Church Street, Portland Street and Yonge Street this week. Full list of closing locations across Canada, with addresses.

Warehouse One and Bootlegger Are Closing Every Store in Canada

Warehouse One Clothing Ltd. has filed for CCAA protection and is closing all 128 Warehouse One and Bootlegger stores across Canada. Liquidation sales begin around May 16.

What We Know: Toys “R” Us Canada Files for Creditor Protection

The iconic toy retailer seeks creditor protection after closing more than 50 stores in two years, owing $120 million to vendors as it evaluates strategic alternatives

Tim Hortons Opens First Standalone TimShop at CF Toronto Eaton Centre

Coffee chain tests experiential retail strategy with plushie activation targeting holiday shoppers

Dunkin’ Is Coming Back to Canada

Peter Mammas on why Foodtastic bought the Canadian rights to one of the world's most recognized coffee brands, where the first locations are headed, and what is coming next.

Healthy Planet to Open 12,000 Square Foot Store at Yonge and Eglinton

Canada's largest family-owned organic grocer is opening a 12,000 sq ft two-level store at 2529 Yonge Street, targeting Q1 2026 opening in midtown Toronto.

Photo Report: Yorkdale Shopping Centre Update (December 2025)

Tom Ford, Gentle Monster, and AMI Paris open as luxury corridor expands while Club Monaco Men closes and pop-up strategy fills transitional spaces

Photo Report: Yorkdale Shopping Centre Transformation (August 2025)

Exclusive photo tour of Yorkdale Shopping Centre's August 2025 transformation, featuring Simons flagship, luxury corridor expansion, and major tenant changes.

SHEIN Pop-Up Returns to CF Toronto Eaton Centre Amid Major Retail Transformation

Ten-day pop-up occupies former Banana Republic space as Hudson's Bay fights for survival and Optimize Wealth moves into historic Bank of Toronto building

MUJI to Open Its Latest Toronto Location at The Well This September

Japanese lifestyle retailer takes over former Design Republic space as downtown mixed-use destination continues tenant expansion

EXCLUSIVE: Crunch Fitness Secures Landmark Financial District Location for Downtown Toronto Debut

Crunch Fitness signs 21,000-square-foot lease at 20 King West, transforming historic RBC gold vaults into premium PATH-connected gym targeting Gen Z demographic with fall 2025 opening.

Shake Shack Reveals Strategic Six-Site GTA Expansion

Premium burger chain announces six new GTA locations through 2026, creating 400+ jobs while expanding from downtown Toronto to suburban markets across the region.

Black Friday’s Latest Date Creates 26-Day Shopping Crunch for Canadian Retailers

Toronto liquidation expert Alex Hennick warns compressed holiday timeline will separate struggling retailers from survivors

Mandy’s Announces Multi-City Expansion, Adding Yonge & Eglinton and Canary District to Toronto Portfolio

Fast-casual chain Mandy's Salads reveals next phase of national expansion, adding new locations in Toronto and Ottawa while growing Montreal presence

NRG Haus to Bring Social Wellness Club to Liberty Village

Fit Factory Fitness founder Ivan Ho bets on sober-curious movement with contrast therapy venue featuring immersive cold plunge and functional mocktails

Decathlon’s GTA Exit Opens Door for Experience-First Retail Revolution

Decathlon Canada closes five GTA stores in Brampton, Burlington, Markham, Scarborough and Vaughan, creating opportunities for experiential sporting goods retailers as Canadian market shifts toward community-focused retail.

IKEA Closing Scarborough Town Centre Store Opens 100K SF Opportunity in Former Sears Space

With both IKEA and Decathlon exiting the redeveloped Sears box by early 2026, Oxford Properties faces a challenge—and a chance to reimagine nearly 100,000 square feet at one of Toronto's biggest malls

Canadian Mall Productivity Rankings: What the 2025 ICSC Numbers Reveal

The ICSC has released its 2025 Canadian mall productivity rankings, covering 111 shopping centres from coast to coast. Here is what the numbers say about where Canadian retail is thriving, growing and struggling.

Discount Grocery Expansion Is Dominating the Toronto Retail Market in 2025

No Frills leads urban push with multiple new locations as Canadian grocers focus on value-oriented growth