Brief History of the KMCLT
The Kensington Market Community Land Trust [KMCLT] was incorporated as a community-based Non-Profit Corporation in December, 2017, after several years of discussion and organizing led by Friends of Kensington Market. In April, 2018, KMCLT sponsored a Community Visioning session, bringing together a wide range of neighbourhood residents and business people to develop a vision and principles to guide the redevelopment of the City-owned parking lot on Bellevue Avenue.
Since that time, KMCLT has been working with the City of Toronto and a team of community organizations to make the Bellevue site available for redevelopment, as well as pursuing other opportunities to maintain Kensington’s character and preserve and expand affordability.
Timeline of the KMCLT
Friends of Kensington Market is founded in response to development and gentrification pressures
Campaign Against Walmart in Kensington Market is successful
Friends of Kensington Market (FOKM) motion to move forward with land trust formation
FOKM holds meeting about CLT
FOKM holds community event about land trusts
Community visioning event for the Bellevue Parking Lot sponsored by the KMCLT
Councillor Mike Layton introduces a member’s motion to staff to declare the City-owned Green P parking lot at 25 Bellevue Avenue surplus
On May 31, 2021, KMCLT acquires 54-56 Kensington Ave, one of the Market’s anchoring properties, with 12 residential and 5 business units