Posted Aug 15, 2018, 12:11 AM
|
|
Midtowner since 2K
|
|
Join Date: Aug 2015
Location: Midtown Toronto
Posts: 5,411
|
|
TORONTO | Bay Adelaide North | 141 M/463FT | 32 FLOORS
Well, the news has broke, Bay Adelaide North is going forth
https://www.nasdaq.com/press-release...20180814-00930
[IMG] FORE by Josh Kenn Photographics, on Flickr[/IMG]
"Brookfield Property Partners today announced its plans to commence development of the third and final office tower of Bay Adelaide Centre in downtown Toronto. Scotiabank has signed a commitment to lease 420,000 square feet - approximately 51% of the building - for 15 years as the anchor tenant of Bay Adelaide Centre North
The building will have direct access to subways and the amenities of the PATH underground pedestrian system. Consistent with Bay Adelaide Centre West and East and several of Brookfield's new office developments, Bay Adelaide Centre North will be designed to achieve LEED Platinum Core & Shell environmental certification.
Brookfield anticipates substantial completion of the building in early 2022, with Scotiabank's lease commencement to follow later that year. Brookfield projects total development costs of approximately C$500 million."
__________________
"Living life on the edge"
|