[Redkey]

Originally Posted by DrNest

Any more news on this one? It seems to have gone quiet.

Posted on October 9th over at UrbanToronto:

Ivanhoe mulling development of prime Toronto site: sources

A prime Toronto site, held quietly for years by owner Ivanhoe Cambridge Group as an empty parking lot, is now on the “front-burner” for development, multiple real-estate sources say.

In recent months, the real-estate arm of the Caisse de dépôt et placement du Québec has been discreetly promoting the site at 45 Bay St. to industry, fueling speculation that a mixed commercial project with more than one million square feet of office space could be in the works for 2017.

“They’re more active on the site than they’ve been in years,” one real-estate source said.

.....

In the publication, Tresham said Ivanhoe Cambridge’s plan is to develop 45 Bay St. as a “one- to 2-million-square-foot office complex, perhaps with retail and multi-family components.”

Still, Ivanhoe Cambridge has yet to sign an agreement with an anchor tenant for the office development.

Ivanhoe Cambridge called 45 Bay St. one of many opportunities in the development pipeline.

http://www.montrealgazette.com/busin...059/story.html