TORONTO — The Ontario government has awarded a $198 million contract to design and build a new provincially-owned parking structure at Ontario PlaceRFP D/B – Design and Construct Ontario Place Parking SolutionStatusPost-BidValue$400MLocation955 Lake Shore Blvd W, Toronto ONSectorPublic – State/ProvincialTypeParking Garage · New ConstructionData as of June 11, 2026View Project Page →.
Pomerleau Inc. has been selected to deliver the project, which includes up to 3,500 parking spots, 680 EV charging stations and bicycle parking. Arcadis Professional Services (Canada) Inc. is the design lead.
The five-storey structure will also include a bus pick-up and drop-off area as well as a “landscape design that transitions the building seamlessly to the surrounding park,” a release reads.
It will be located at the existing parking lot site just south of Lake Shore Boulevard West and is anticipated to generate up to $60 million in gross revenue annually for the province once Ontario Place reaches full operation.
Parking was initially contemplated to be included underneath the new Ontario Science Centre, then Premier Doug Ford and the City of Toronto agreed to consider moving the parking to nearby Exhibition Place, but they settled on an above-ground structure.
The broader Ontario Place development will feature more than 50 acres of free public trails, expanded green space, playgrounds, interactive fountains, new beaches, event spaces, a modernized marina and the redesigned RBC Amphitheatre.
Its final designs were unveiled in June 2025.
Construction is already underway on the new science centre, with ground broken on that billion-dollar-plus project in May.
