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The City of Toronto, in partnership with the Toronto Transit Commission and Waterfront Toronto is undertaking a multi-phase Waterfront Transit "Reset" study. The study is undertaking a comprehensive assessment of needs and options for transit improvements for the waterfront area. A Phase 1 study was completed in 2016 and a Phase 2 study is currently underway. The study is anticipated to conclude in 2017 with a recommended waterfront transit network solution.
Toronto’s waterfront is currently undergoing a significant transformation, with rapid growth in many precincts along the water’s edge including Mimico, Humber Bay Shores, Liberty Village, Fort York, King/Spadina, City Place, South Core, and King/Parliament. Growth in several more precincts along the waterfront is either underway or planned, including Lower Yonge, North Keating, Port Lands, South of Eastern, and the emerging East Bayfront and West Don Lands neighbourhoods. With this growth, a number of key recreational and cultural destinations have emerged along the waterfront.