Toronto’s Waterfront Community One of The Most Connected

Toronto Leads the Way in Broadband Community Networking

June 7, 2011 Announced today in Toronto – Toronto leads the world in making our neighbourhoods the most connected in the world. Waterfront Toronto and Beanfield Metroconnect will be creating one of our country’s first open-access ultra high speed broadband community networks.

Utilizing advanced fibre optics a network will be built to service Toronto’s waterfront communities. This community based broadband will be accessible by both commercial and residential users. Every home and business will be wired with fibre and once active will provide the community with affordable and unlimited access as well as providing internet speeds up to 500 times faster than presently available in North America. Wow!

The internet continues to evolve and this broadband community network will position Toronto in leading the world for the next decade. This new broadband service will revolutionize the way we communicate within our neighbourhoods, as well as how we interact within Toronto, Ontario, Canada and the world. This network will be able to contribute new and exciting platforms for our health care delivery system, educational accessibility, social networking and our city infrastructure.

The good news for Toronto taxpayers is that it is being funded through private sectors partners. Now, there will be fees applied, so monthly condo fees are expected to go up by $60…not a bad price for unlimited 100 megabit per second internet service. The area which will be serviced by this new broadband network will be the construction from East Bayfront to West Don Lands. The first condo development will be the residents fo thw Parkside residential tower which is being built on Lake Shore boulevard between Bonnycastle and Sherbourne Common. Construction has started and the units will be available for sale in September with possession in 2014. The River City residential condos will also be one the first buildings and they are located south of King between River and the Don River.

This “open access” network will be able to offer residents and businesses an incredible variety of robust content, HD internet protocol television, telephone and security systems.

Toronto is one the best cities in the world to live in and our neighbourhoods are becoming even more inter-connected. I will certainly be anticipating this project and we can be know all residents will benefit from this cutting edge broadband technology.