Broccolini Advances The Riv, a 37-Storey Purpose-Built Rental Building in Toronto’s Downtown East

TORONTO, ON, March 19th 2026 — Broccolini is advancing The Riv, a 37-storey mixed-use residential building in Toronto. The project will deliver over 350 purpose-built rental units in Toronto’s downtown-east corridor and reflects Broccolini’s continued investment in Toronto and long-term commitment to the city’s growth. Construction is expected to commence in the coming months, with completion targeted for 2029.

Originally introduced as a condominium development, The Riv has since been repositioned as purpose-built rental following an extensive period of study and design refinement to align the project with evolving market conditions and growing demand for long-term rental housing in Toronto. The net result of this work is a project with a reduced unit count, with new homes that are both larger and smarter than typical condos and an amenities package that stacks up with what the city has come to expect in a new first-class rental building.

The project is located in Toronto’s rapidly evolving downtown-east corridor, an area being shaped by major infrastructure and city-building investments. The site sits within walking distance of the future Ontario Line and close to the planned East Harbour transit hub and employment district, placing The Riv within one of the city’s most significant growth areas.

The development will incorporate a geothermal energy system to support building heating and cooling while improving long-term energy performance and sustainability goals. Broccolini will also deliver a new publicly accessible park as part of its broader development efforts in the neighbourhood, contributing additional green space and helping connect the surrounding community to the growing network of parks and open spaces in the area.

“Toronto’s downtown east continues to emerge as one of the city’s most dynamic growth corridors,” said Phil Brennen, Vice-President, Real Estate Development at Broccolini. “We strongly believe in the long-term potential of this neighbourhood. Repositioning The Riv as purpose-built rental allows us to move forward with a project that responds to Toronto’s evolving housing needs while reinforcing our commitment to building in the city.”

The Riv adds to Broccolini’s growing presence in Toronto, where the company continues to invest, develop and build across multiple asset classes as part of its long-term strategy in Ontario.

About Broccolini         
With over 75 years of expertise, Broccolini is a leading, fully integrated real estate provider, offering end-to-end solutions in investment, development, construction, and property management. Ranked among Canada’s top builders, Broccolini is a trusted partner to some of the world’s most renowned companies, supporting every stage of the real estate lifecycle across the industrial, residential, commercial, and office sectors in Quebec, Ontario and beyond.