Posted Jun 11, 2024, 4:15 PM
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I am the law!
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Join Date: Sep 2002
Location: Toronto+
Posts: 22,889
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The tower is great compared to what is typical in Toronto. The podium behind the Harbour Commission Building should be axed. The rest is fine. Ideally, there should not be a tower squeezed onto the property but, this is Toronto.
The chance of a mega tenant signing a long term lease at rates that make this project feasible in this market and in Canada is not going to happen. Everyone knows the one mega tenant that chose building world class facilities to fix their reputation as a farm for other mega tenants instead of clearing house and rebuilding the dysfunctional core group is regretting their decision. They may not even use the space in CIBC Square 2
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