Ports Toronto (Toronto Port Authority) is studying the potential for a Yonge Street Marine Terminal at the foot of the city’s central north-south street and is issuing a Request for Proposal (RFP) to seek a consultant to evaluate the feasibility of a multi-use marine hub extending from the east side of the Yonge Street Slip opposite the Jack Layton Ferry Terminal.
Conceptual rendering looking north of the Yonge Street Marine Terminal at the Toronto Port Authority’s Yonge Street Slip
Preliminary concept materials suggest a multi-use complex that would combine transportation infrastructure with public space on a pier protruding into the harbor, marked by a distinctive architectural element intended to serve as a harbor gateway to the city. The facility will be designed to support cruise ships on the Great Lakes, ship transit services in the Inner Harbor or Lake Ontario, and certain recreational boating activities. The conceptual terminal could replace the existing cruise ship facility at the foot of Cherry Street in the Port Lands.
An aerial view of the site and surrounding area, image from Google Maps
A marine terminal at the foot of Yonge Street would place arriving cruise passengers directly on the Central Waterfront rather than a few miles southeast. Passengers disembarking at a terminal here are steps from Queens Quay transit service and within walking distance of Union Station. The idea comes alongside discussions about strengthening Toronto’s visitor economy, including the upcoming Destination Master Plan, which is expected to outline priorities for tourism infrastructure and attractions along the waterfront.
Conceptual rendering looking northeast of the Yonge Street Marine Terminal at the Toronto Port Authority’s Yonge Street Slip
The RFP issued by Ports Toronto on March 5, 2026 requests an experienced consultant with the resources to assess the market potential, operational considerations and development strategy for the conceptual terminal. Procurement questions will be accepted until March 23, 2026 and submission must be made by April 2, 2026. The pier could extend south from an area currently used as a surface parking lot, but which the city has designated as new parking space. The concept planning for the park area is still in its early stages. WaterfrontToronto has a page for this project here.
Looking south at the current location, image from Google Maps
Yonge Street Slip is located in one of Toronto’s fastest growing waterfront districts. Immediately adjacent to the northeast, Pier 27 Phase 3 is planned with 11- and 45-story towers, while the Pinnacle One Yonge South Block is slated for 80- and 85-story towers. Construction work on the 106-story SkyTower is also progressing at Pinnacle One Yonge.
UrbanToronto will continue to monitor the progress of this development, but in the meantime you can learn more in our database file linked below. If you’d like, you can join the discussion in the associated Project Forum thread or leave a comment in the designated area on this page.
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