FEATURE-ARTICLE
The Making of a World-Class Waterfront
RECONNECTING MISSISSAUGA TO ITS WATERFRONT
What makes a waterfront best in class, iconic, globally recognized?
It has the ability to connect people to the waterfront in a variety of ways.
People can walk from the shoreline to a store, a place of work, or home.
They can enjoy quiet moments alongside the waterfront’s edge by lounging in the grass or taking in the expansive views of Lake Ontario.
There is a wide array of activities people of all ages can enjoy year-round, from strolling a promenade to sipping a coffee at a cafe or cycling along a trail canopied by trees.
It gives people a unique gathering space to celebrate local culture, food, and special events.
It’s accessible, abuzz with activity with people shopping, dining at restaurants, or enjoying an event.
The life of the community revolves around the water. Where every moment and opportunity to experience lakeside living leaves a lasting memory.
Often, there’s also a Pier.
For decades, the Lakeview Village pier was closed off from the public, used as an industrial pier to transport coal from ships to the power plant. After its demolition, the coal plant left behind a unique one-kilometre-long pier that will become an important catalyst in reconnecting Mississauga with its waterfront. Once complete, the newly imagined pier will offer panoramic views and a unique waterside experience.
The former industrial marker will be transformed into an iconic destination to celebrate local food and culture and will be admired as a distinguishable landmark on Lake Ontario.
It will connect people to places to play, with paddleboards, kayaks, a marina, and a beach nearby. Year-round, it will be energized and activated with music festivals, art fairs, and eatery pop-ups.
The Pier AT AGlance
DRIVING THE ECONOMYFORWARD
The Lakeview Village Pier will create new jobs, support local businesses, and generate revenue for the City of Mississauga. Simply put - building a waterfront destination equates to building a stronger economy for cities.
By investing in and advocating for the pier, we aren’t just creating a connection to Lake Ontario, we are helping bolster Mississauga’s economy with a sustainable and resilient attraction. We are helping to build a world-class waterfront experience that is enjoyable for all.
Lessonsfrom aroundthe world
The Promise of a Park
It’s estimated the revitalization of Hudson River Park has led to $1.121 billion in indirect economic benefits for New York City and generates thousands of year-round jobs.
Photo credit: Hudson River Park Friends & Hudson River Park Trust
Recasting an Underutilized Waterfront
Chicago’s Riverwalk, as a Sasaki report revealed, has exceeded all revenue generation expectations year-over-year and today offers hundreds of employment opportunities - directly and indirectly - to the city.
Photo credit: Sasaki
Go Behind the Scenery
In Pittsburgh, investment in Three Rivers Park over 15 years led to nearly $2.6 billion in riverfront development activity along with almost $4.1 billion in other development nearby.
Revitalizing a well-respected wharf
In Washington, DC, the revitalization of their Wharf - dubbed The Wharf - has led to the creation of a highly efficient, densely developed mixed-use neighborhood featuring residential, retail, office, and over 17 acres of park and public spaces. It's also became a mecca for tourism, receiving up to 15 million visitors annually and generating an expected $113 million in annual tax revenue for the city.
Photo credit: District Wharf
Booming With International Investments
Jinji Lake’s Suzhou Industrial Park (SIP) has generated more than US$1 trillion in foreign trade volume and made more than 900 billion yuan in fixed asset investments, while utilizing US$31.27 billion in foreign capital since the restoration project began 25 years ago.
Photo credit: SWA Group
Expanding Interest In The Waterfront
In 2016, the Detroit Riverfront Conservancy celebrated the completion of the first phase of its capital campaign, raising $US 163 million to build 3.5 miles (5.6 km) of the Detroit RiverWalk.
Photo credit: Detroit Riverfront Conservancy
Placemaking and Public Art
Chicago's Cloud Gate, a.k.a. The Bean, is one of the most recognizable pieces of public art in the world and is one of the city's most popular sights. Located in Millennium Park, it attracts some 25 million visitors each year - individuals who spend hundreds of millions of dollars are local hotels, restaurants, and shops.
Photo credit: Choose Chicago
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