The most successful transit systems in the world are more real-estate development initiatives than transport initiatives (though they combine both.) In Japan and Hong Kong,
the agency planning the transit owns the station lands and gets developers to build apartment/mall/office complexes on top of where the stations will go. The transit agency reaps both the ridership and the rents.
This was the basis for early Toronto planning (The Belt Line and other lines, the Belt Line succumbing to streetcar competition), London's Metropolitan,
https://en.wikipedia.org/wiki/Metro-land many of New York's pre LIRR contituents, and so on. Why it's become such an abstract concept now is curious.
Are they talking about the going over the Don River near Eastern Avenue or near Millwood Road? The budget is unclear about where this "bridge" is located. We need much more documentation about the "more cost-effective and modern trains". Sounds like someone sold Doug Ford and Victor Fedeli a sales pitch, without any knowledge on public transit, nor did they do any research. What glossy brochure were they given?
It's the lower Don, I don't have a link handy, but just think about it for moment, and review the context the statement was made under, and in reference to. The TTC DRL didn't go north of Danforth. So that leaves one crossing.
As for Ford and Fedeli...nobody sold them on this. They saw a presentation, and went all Rorschach, the dope made Ford's jaw drop, and he hallucinated fairy dust on what was probably a very sensible and considered proposal of which we're not yet party to see.
Look, all we have is the rambling of a fool and half. Guess which one is the 'half'? Metrolinx are probably shidding themselves to keep as far away from this as they can.
This may be a ruse, it may be a drug overdose, it may be Satan farting in our general direction. What it isn't is real.
""more cost-effective and modern trains" Yes. Do some reading. Just because the clowns put it in their dog and pony show doesn't mean there isn't a case to do this far better than what had been touted.
Over 80 other cities can't be wrong. Except to Torontonians who can't even understand what Montreal, Van, Edmonton, Calgary, etc are doing, let alone 'world leading cities'.
And while we're at it...who exactly was going to pay for the "DRL Theory" that the City was proposing, and rumoured to be 2% complete for design? Godot ain't coming! And he won't for the latest Ford, Fedeli, donkey and dork show either.
We still have work to do, and Ford Festival has already made it bog clear in the very Budget some refuse to read for what's stated:
Adopting Market-Driven Transit-Oriented Development
Ontario is moving forward with a new kind of partnership with the private sector to optimize the use of government-owned land and increase transit ridership. The market-driven, Transit-Oriented Development Strategy will leverage third-party investment to reduce provincial funding for transit expansion and offer new opportunities to deliver more transit services faster and at a lower cost to taxpayers. For example, allowing developers to build above transit stations in exchange for building new transit infrastructure can help create mixed-use communities around stations and allow people to travel to and from their homes easier. This is part of the government’s plan to unlock greater value from its assets, reduce the burden on taxpayers and promote residential development close to transit.
All well and good, I just spent the last two hours reading up more on how Australia's experience has been with this, and ironically ran into Jessica Bell ( NDP Transportation critic) earlier today at the library, had no idea it was her until we'd talked for a good ten minutes or so. We have more to discuss, but the Ozzies not only do P3 to a much steeper degree than Ontario is, they have a history with successes (and some mistakes) of how to deal with this. It's new to Ontario and like it or not, it's the only way forward for a society that votes on taxes, not building a better future. And the 27th lowest tax rate in the OECD btw, lower than the US.
Figure it out, where's the money coming from?
But on the flip side, if I were an investor, Fedeli and Ford would be the last guys I'd trust in a deal.