Toronto is growing. The downtown population residing south of the Canadian Pacific Rail tracks at Dupont south to the lake and from Bathurst in the west to the Don Valley Parkway to the east is presently 250,000 and by 2041 is expected to be 475,000. New condo towers that dominate the skyline south of Queen Street are just the beginning. Like a tsunami, the wave of residential development needed to accommodate this population growth will migrate quickly north to the Annex.