Cadillac Fairview (CF), in conjunction with the Investment Management Corporation of Ontario (IMCO) has announce construction of a new 46-storey office tower at 160 Front Street West, on the northeast corner of Front Street and Simcoe Street in downtown Toronto. The development, which represents CF?s continuing confidence in the city?s commercial real estate market, features 1.2M square feet of office space, 339 parking stalls, 12,290 square feet of retail space and is slated to open in the fall of 2022, following an early 2019 construction start. The building?s inaugural client is CF?s owner, Ontario Teachers? Pension Plan, which will relocate their head office from North York to 160 Front Street.
Designed by world renowned Adrian Smith + Gordon Gill Architecture, in collaboration with B+H Architects as the Architect of Record, the building will offer a distinctive silhouette on the downtown skyline while meeting prospective clients? desire for efficient design and environmental sustainability in both construction and operation. Incorporating the latest in smart building technology, 160 Front Street is designed to achieve LEED® Platinum and WELL Building Standard® certifications. Further, once operational, the building will be subject to the standards of CF?s award winning sustainability program, Green at Work®. ?This city continues to experience record-low vacancy rates, fueled by demand for quality, sustainable office space across a broad array of clients, and in part...