Broccolini Advances The Riv: A 37-Storey Mixed-Use Residential Development in Toronto

📅 2 days ago 🏷️ Broccolini

Broccolini is set to commence construction on The Riv, a significant residential project in Toronto's downtown-east corridor, aimed at addressing the city's rental housing needs.

On March 19, 2026, Broccolini announced its plans to advance The Riv, a substantial mixed-use residential building that will rise 37 storeys in Toronto. This ambitious project is set to provide over 350 purpose-built rental units in the downtown-east corridor, showcasing Broccolini's ongoing commitment to investing in Toronto and contributing to the city's growth trajectory. Construction is anticipated to begin in the forthcoming months, with an eye towards completion in 2029.
Initially envisioned as a condominium development, The Riv has undergone a transformation to become a purpose-built rental property. This shift followed an extensive analysis and design refinement process, aligning the project's offerings with the evolving market demands for long-term rental housing in Toronto. The adjustments have resulted in a reduced unit count, but the new homes will feature larger layouts and smarter designs than typical condominiums. Moreover, the project aims to provide an amenities package that meets the expectations of today’s renters looking for first-class living experiences.
Strategically located in Toronto's rapidly developing downtown-east corridor, The Riv benefits from its proximity to significant infrastructure advancements and city-building investments. The site is within walking distance of the future Ontario Line and near the planned East Harbour transit hub and employment district, placing it at the heart of one of the city’s most promising growth areas.
Sustainability is a key focus for The Riv, which will incorporate a geothermal energy system designed to enhance the building's heating and cooling efficiency while supporting long-term energy performance goals. Additionally, Broccolini plans to deliver a new publicly accessible park as part of the development, contributing vital green space and helping to connect the surrounding community to the expanding network of parks and open spaces in the area.
Phil Brennen, Vice-President of Real Estate Development at Broccolini, expressed confidence in the potential of Toronto's downtown east, stating, "Toronto’s downtown east continues to emerge as one of the city’s most dynamic growth corridors. We strongly believe in the long-term potential of this neighbourhood. Repositioning The Riv as purpose-built rental allows us to move forward with a project that responds to Toronto’s evolving housing needs while reinforcing our commitment to building in the city."
The Riv not only adds to Broccolini’s expanding presence in Toronto but also reflects the company's ongoing strategy of investing, developing, and constructing across various asset classes in Ontario. With more than 75 years of experience, Broccolini has established itself as a leading, fully integrated real estate provider, offering comprehensive solutions in investment, development, construction, and property management. This project further solidifies its reputation as one of Canada’s top builders, serving a diverse range of sectors including residential, commercial, and industrial developments.

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