Could this be the next office tower to be proposed for Toronto
......From their website
ACTIVITY REPORT
AND SOCIAL RESPONSIBILITY REPORT
2010
OFFICE CHALLENGES FOR 2011: LEASING, REPRIORITIZING AND SEEKING OUT BUSINESS OPPORTUNITIES
A number of leasing-related challenges lie in store for SITQ in the year ahead, particularly in Toronto,
several U.S. cities, Paris, Frankfurt and Düsseldorf. In addition, the Company will be readjusting its
investment portfolio to concentrate on high-quality properties in its key target markets. It will therefore
be on the lookout for business opportunities that enable it to sell certain properties to capitalize on their
appreciation in value and take advantage of select acquisition opportunities.
SITQ’s goal is to readjust its investment portfolio to concentrate on high-quality properties in key target markets.
From a development perspective, SITQ’s teams will focus on new, prime locations in its target markets where it can build high-quality properties in the coming years. There are four pending projects that are ready to be green-lighted in North America as soon as the circumstances are amenable:
45 Bay Street, in downtown Toronto, for which pre-leasing is slated to begin in 2011; 900 De Maisonneuve Ouest, in the heart of Montréal; Phase III of The Summit, in Seattle; and the second tower of Eighth Avenue Place, in Calgary, the preliminary design and infrastructure of which are already complete.
http://www.sitq.com/documents/file/p...ort2010_en.pdf