The Toronto Port Authority is exploring the potential for a Yonge Street Marine Terminal at the foot of the city's central north-south street, issuing a Request for Proposal (RFP) seeking a consultant to evaluate the feasibility of a multi-use marine transportation 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 Yonge Street Slip, by the Toronto Port Authority

Preliminary concept material points to a multi-use complex that would combine transportation infrastructure with public space on a pier projecting into the harbour, marked by a signature architectural element intended as the city’s waterfront gateway. The facility would be designed to support Great Lakes cruise ships, marine transit services operating across the inner harbour or Lake Ontario, and certain recreational boating activities. The conceptual terminal could replace the existing cruise ship facility near the foot of Cherry Street in the Port Lands.

An aerial view of the site and surrounding area, image retrieved from Google Maps

A marine terminal at the foot of Yonge Street would place arriving cruise passengers directly on the Central Waterfront instead of some kilometres to the southeast. Passengers disembarking at a terminal here would be steps from Queens Quay transit service and within walking distance of Union Station. The idea is emerging alongside discussions about strengthening Toronto’s visitor economy, including the forthcoming 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 Yonge Street Slip, by the Toronto Port Authority

Issued by Ports Toronto on March 5, 2026, the RFP calls for an experienced consultant with the resources to assess market potential, operational considerations, and development strategy for the conceptual terminal. Questions on the procurement are accepted until March 23, 2026, with submissions due by April 2, 2026. The pier could extend south from an area currently operating as surface parking, but which the City has intended as a new park space. Concept plans for the park space are still in early stages. WaterfrontToronto has a page for that project here.

Looking south to the current site, image retrieved from Google Maps

The Yonge Street Slip sits within one of Toronto’s fastest-growing waterfront districts. Immediately adjacent to the northeast, Pier 27 Phase 3 is proposed with towers of 11 and 45 storeys, while the Pinnacle One Yonge South Block would introduce towers rising 80 and 85 storeys. Construction is also advancing at Pinnacle One Yonge with the 106-storey SkyTower. 

UrbanToronto will continue to follow progress on this development, but in the meantime, you can learn more about it from our Database file, linked below. If you'd like, you can join in on the conversation in the associated Project Forum thread or leave a comment in the space provided on this page.

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