Our Investments

Billy Bishop Toronto Centre Airport Pedestrian Tunnel Construction

Billy Bishop Toronto Centre Airport Pedestrian Tunnel
Billy Bishop Toronto Centre Airport Pedestrian Tunnel

A modern underground 700-foot walkway—built seven stories under Lake Ontario—that offers quick, convenient, reliable access to the island airport.

  • Sector Transportation
  • Industry Airport Tunnel
  • Location Ontario, Canada
  • Investment Date March 2012
  • Status Realized
  • Connect Website

To provide tunnel access, a pavilion was constructed on the mainland and an extension was added to the airport’s terminal building on the Toronto Island side. Forum was the lead developer of the tunnel, which was procured by Ports Toronto (formerly Toronto Port Authority) as a public-private partnership structured as a design-build-finance-maintain project with a 20-year concession. From design to construction to final finishes, the tunnel, which officially opened in 2015, exemplifies innovation and reflects the priorities of travellers.

Forum sold its interest in this project in 2016 and maintains its role as the asset manager on behalf of an institutional owner.