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Leading developer Julie Di Lorenzo resigns from Waterfront Toronto board ahead of key vote on Sidewalk Toronto

Highly-respected real-estate developer Julie Di Lorenzo stepped down from her board role at Waterfront Toronto Monday evening, effectively abstaining from a key vote on the Quayside development partnership between Waterfront Toronto and Sidewalk Labs.   

Helen Burstyn, board chair, announced Di Lorenzo’s resignation at a Waterfront Toronto board meeting Tuesday morning.

The remaining members of the board held a vote Tuesday morning, where they agreed to a new Plan Development Agreement with Sidewalk Labs that will supersede the initial framework agreement. The vote passed unanimously. Both documents are expected to be released Tuesday afternoon.

Multiple sources told The Logic that Di Lorenzo had been displeased for months by how Waterfront Toronto leadership had been handling the process with Sidewalk Labs.

Burstyn confirmed this in an interview, saying, “I think she was uncomfortable with the nature of the agreement to begin with or the nature of the people with whom we’re negotiating with.”

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