The Government of Ontario has awarded a $198 million contract to design and build a new provincially owned parking structure at Ontario Place, which is just 15.2 per cent of the $1.3 billion cost in the Auditor General’s 2024 report.
The contracting team includes Pomerleau Inc. as construction lead, and Arcadis Professional Services (Canada) Inc. as the design lead. The project will deliver up to 3,500 parking spots, 680 EV charging stations and bicycle parking, and is expected to generate up to $60 million in annual revenue for the province.
“Today’s contract award reaffirms our government’s position, under the leadership of Premier Ford, that this parking garage, which will produce revenue for the province, can and will be built at a cost that is reasonable and respectful to taxpayers,” said Stan Cho, Minister of Tourism, Culture and Gaming. “We’re building this garage at less than half of the $400 million projected cost when this project was tendered.”

Following evaluations through an open, fair and competitive procurement process, Infrastructure Ontario and the Ministry of Tourism, Culture and Gaming have awarded the contract to design and build the new parking structure. It will include:
- An open-to-air, above-ground, five-storey parking structure for up to 3,500 vehicles
- Approximately 680 electric vehicle (EV) charging stations
- Up to 100 bicycle parking spaces
- Bus pick-up and drop-off area
- A landscape design that transitions the building seamlessly to the surrounding park.
The new parking garage is part of the government’s vision for the Ontario Place Redevelopment project. In January, Infrastructure Ontario and the Ministry of Tourism, Gaming and Culture (MTCG) have issued a pair of Request for Proposals (RFP) for construction management services for the development of the public realm as part of the project.
“Bringing together the government’s vision with private sector expertise, Infrastructure Ontario is proud to help deliver a modern, efficient parking solution that will support the long-term success of Ontario Place. This project reflects our shared commitment to enhancing access to the waterfront, while creating lasting value for the community and a welcoming visitor experience,” said Angela Clayton, president and CEO, Infrastructure Ontario.
Featured image: (Government of Ontario)










