new office development - commercial real estate ... harbour / 30 bay st 944,000 n/a 944,000 new...
TRANSCRIPT
2 n e W o F F I c e d e V e Lo p m e n t | s e p t e m b e r 2 0 1 3 to r o n to c b d
EXECUTIVE SUMMARY
toronto doWntoWn neW oFFIce deVeLopment
Development in downtown Toronto has been steadily increasing in recent years, driven by an influx of workers and residents into the downtown core. Activity has been strong in both residential and commercial construction, as well as the infrastructure intensification necessary to support this growth. Following a near-20 year construction lull, six Class A office towers totalling 4.4 million SF were completed between 2009 and 2011. With office vacancy rates currently at historical lows and few large blocks of space available for tenant relocations, a new construction cycle began in the second quarter of 2012. There are currently 5.9 million SF of Class A office space under construction in downtown Toronto. The first of these eight buildings will be coming online in 2013 with the remainder expected to be completed by 2017.
Commercial development has been growing in concert with residential development. There are currently 58 residential projects under construction in downtown Toronto, with an additional 27 in the pre-construction stages.
As residents and workers continue locating downtown, infrastructure must be expanded to accommodate the increased demand. To help traffic congestion and transit backlogs in the Greater Toronto Area, Metrolinx launched The Big Move project. The first wave of this 25-year, $50-billion transit plan is currently underway. Projects that will alleviate downtown congestion include the Union Pearson Express and the Union Station Revitalization.
This confluence of downtown office development, urban high-rise residential, and a renewed emphasis on public transit is a rising trend. This trend is true not only in Toronto, but also in all of Canada’s major urban centres and a growing number of U.S. cities.
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Source: CBRE Limited
DOWNTOWN OFFICE REFERENCE MAP
building name Available office sF Average Floor sF total sF comments
RBC WATERPARk PLACE - 88 qUEENS qUAY W 233,020 26,666 933,020 Phase 3 of 3-building complex
BAY-ADELAIDE CENTRE EAST - 120 ADELAIDE ST W 432,826 23,000 1,017,826 Phase 2 of 3-phase office construction
BREMNER TOWER - 120 BREMNER BLVD 329,636 24,600 - 25,500 706,636 New construction; part of 3-tower mixed-use development
MARS PhASE 2 - 661 UNIVERSITY AVE 382,000 27,398-40,835 740,000 Phase 2 of multi-phase laboratory and office space development
ThE qUEEN RIChMOND CENTRE W - 134 PETER ST 235,581 23,604 285,581 Phase 1 of 2-phase, mixed-use development
ONE YORk - 1 YORk ST 668,000 27,692 800,000 New construction
100 ADELAIDE ST W 493,720 23,000 905,720 Redevelopment
GLOBE AND MAIL CENTRE - 351 kING ST E 282,000 27,000 - 43,500 462,000 Phase 2 of mixed-use development
45 BAY ST 1,000,000 N/A 1,000,000 New construction
qUEENS qUAY PLACE AT BAYSIDE 400,000 25,000 400,000 Phase 1 of multi-phase, mixed-use development
60 hARBOUR / 30 BAY ST 944,000 N/A 944,000 New construction
16 YORk ST 800,000 28,000 800,000 Phase 2 of residential and office mixed-use development
171 FRONT ST W 1,000,000 N/A 1,000,000 New construction
156 FRONT ST W (174 FRONT ST W/43 SIMCOE ST) 1,200,000 24,000 1,200,000 Mixed-use development
ATRIUM ON BAY - 595 BAY ST 285,000 28,500 285,000 Addition of 4 floors on each of two towers
85 RIChMOND ST W 155,000 13,000 155,000 Renovation of existing building
toronto doWntoWn | recently completed / Under construction / Future office developments
This disclaimer shall apply to CBRE Limited, Brokerage, and to all other divisions of the Corporation (“CBRE”). The information set out herein (the “Information”) has not been verified by CBRE, and CBRE does not represent, warrant or guarantee the accuracy, correctness and completeness of the Information. CBRE does not accept or assume any responsibility or liability, direct orconsequential, for the Information or the recipient’s reliance upon the Information. The recipient of the Information should take such steps as the recipient may deem necessary to verify the Information prior to placing any reliance upon the Information. The Information may change and any property described in the Information may be withdrawn from the market at any time without noticeor obligation to the recipient from CBRE.
TORONTO DOWNTOWN| Completed / Under Construction / Future Office Developments, Sept 2013COMPLETED (5.0 Million SF)
01 RBC CENTRE, 155 WELLINGTON ST W (2009)
02 BAY ADELAIDE CENTRE WEST, 333 BAY ST (2009)
03 TELUS TOWER, 25 YORK ST (2009)
04 MAPLE LEAF SQUARE, 15 YORK ST (2010)
05 CORUS QUAY, 25 DOCKSIDE RD (2010)
06 18 YORK ST (2011)
07 RICHMOND-ADELAIDE COMPLEX, 111 RICHMOND ST WEST (2012)
08 333 KING ST EAST (2013)
09 180 WELLINGTON ST WEST (209,000 SF) (2013)
UNDER CONSTRUCTION ( 5.9 Million SF)& FUTURE SITES (9.1 Million SF)10 RBC WATERPARK PLACE (933,020 SF) (2014)
11 BAY ADELAIDE CENTRE EAST (1,017,826 SF) (2016)
12 BREMNER TOWER (706,636 SF) (2014)
13 MaRS PHASE II (740,000 SF)(2013)
14 134 PETER ST (285,581 SF) (2015)
15 ONE YORK ST (800,000 SF) (2016)
16 100 ADELAIDE ST WEST (905,720 SF) (2017)
17 351 KING ST EAST (462,000 SF) (2016)
18 BROOKFIELD PLACE III (800,000 SF)
19 45 BAY STREET (1,000,000 SF)
20 QUEENS QUAY PLACE AT BAYSIDE (2 X 200,000 SF) (2015)
21 30 BAY/60 HARBOUR ST (944,000 SF)
22 16 YORK ST (600,000 – 800,000 SF) (2015)
23 171 FRONT ST WEST (1,000,000 SF)
24 156 FRONT ST WEST (1,200,000 SF)
25 ATRIUM ON BAY (285,000 SF) (20 months from signing)
26 85 RICHMOND ST WEST (155,000 SF) (2019)
27 METRO TORONTO CONVENTION CENTRE (2,500,000 SF)
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UNION STATION REDEVELOPMENT
UnIon stAtIon redeVeLopment
Union Station’s revitalization is a $640-million initiative supported by investments of $164 million from the Government of Canada, $172 million from the Government of Ontario, and $340 million from the City of Toronto.
Union Station’s revitalization will result in bigger, brighter transit concourses, more exits and entrances to the station, new PATh connections, repair and rehabilitation of an aging facility, and the introduction of an exciting and revitalized retail presence.
Substantial project completion is expected in 2015, with final completion in 2016.
type: Mass Transit
total Annualridership:
65.4 million
status: Under Construction
development: www.toronto.ca/union_station
comments: $640-million initiative to revitalize Union Station
Artist Renderings by NORR Architects
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88 qUeens qUAy West
Anchored by the Royal Bank of Canada, RBC WaterPark Place is part of the Bank’s migration plan in 2013 and 2014, which will see moves to 180 Wellington Street West and RBC WaterPark Place. The LEED Platinum designed building demonstrates the highest levels of efficiency in workplace design. At street level, the façade frames a clear view through to the lake, reinforcing the connection of waterfront to city. The on-site fitness centre and two storeys of amenity retail make for an exemplary day-to-day experience.
RBC WaterPark Place is in a location in the midst of revitalization. The waterfront of queens quay is highly present here. And key downtown landmarks like Union Station and Air Canada Centre are in the immediate vicinity, connected by the PATh network, an extensive, year-round covered pedestrian walkway.
class: A
size: Office: 933,020 SFRetail: 50,000 SF
Floors: 31
Available space: 233,020 SF
% Leased: 75%
Average Floor: 26,666 SF
completion: 3q 2014
status: Under Construction
Leed status: LEED Platinum
developer: Oxford Propertieswww.oxfordproperties.com
owner: CPPIB / Oxford Properties
pAtH connection: Yes
tenant:Royal Bank of Canada(600,000 SF)Cisco (100,000 SF)
comments: Phase 3 of 3-phase building complexPhoto: www.rbcwpp.com
RBC WATERPARk PLACE
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120 AdeLAIde street West
Bay-Adelaide East is a 44-storey, 980,000 square foot office tower planned for the second phase of the Bay-Adelaide Centre project. The tower is designed to achieve LEED Platinum certification and will feature state-of-the-art operating and life safety systems. Connected to Toronto’s PATh system, the tower will have direct access to the 27 kilometre below grade public walkway and retail network.
Bay-Adelaide North is the third phase of the Bay-Adelaide Centre project and could accommodate an additional development of up to 500,000 square feet.
class: A
size: Office: 1,017,826 SFRetail: 8,000 SF
Floors: 44
Available space: 432,826 SF
% Leased: 57%
Average Floor: 23,000 SF
completion: 1q 2016
status: Under Construction
Leed status: LEED Platinum
developer: Brookfield Propertieswww.brookfieldofficeproperties.com
owner: Brookfield Properties
tenant:Deloitte (419,000 SF) Borden Ladner Gervais (166,000 SF)
pAtH connection: Yes
comments: Phase 2 of 3-phase office construction
Photo: www.brookfieldofficeproperties.com
BAY-ADELAIDE CENTRE EAST
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BREMNER TOWER
120 bremner boULeVArd
Southcore Financial Centre is a major mixed-use, sustainable development prominently located in Toronto’s emerging Downtown South submarket. This 3-phase project will be comprised of two LEED Gold designed office towers totaling 1.4 million square feet and The Delta Toronto – a premium 4-star, 560 room, next generation hotel.
The Bremner Tower is the second phase of the Southcore Financial Centre. This 30 storey, 700,000 square foot office building will be directly connected to Phase 1 of the project: 18 York Street to the east and The Delta Toronto hotel to the west.
class: A
size: Office: 706,636 SFRetail: 30,000 SF
Floors: 30
Available space: 324,636 SF
% Leased: 54%
Average Floor: 24,600 - 25,500 SF
completion: 3q 2014
status: Under Construction
Leed status: LEED Gold
developer: GWL Realty Advisorswww.gwlrealtyadvisors.com
owner: bcIMC & GWL Realty Advisors
tenant:
Marsh & McLennan(257,000 SF)SNC-Lavalin (75,000 SF)Apple (50,000 SF)
pAtH connection: Yes
comments: New construction; part of 3-tower mixed-use development
Photo: www.southcore.ca
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MARS PhASE 2
661 UnIVersIty AVenUe
MaRS Centre Phase 2 offers state-of-the-art laboratory and office space in a co-location environment, advanced communications and information technology capabilities, access to a large multi-function conference/collaboration centre and collaboration opportunities with other MaRS tenants and partners across Canada and around the world.
Located in the heart of downtown Toronto, the MaRS Centre is a vibrant, architecturally inspiring space that has become the undisputed hub of Toronto’s Discovery District: every day, more than 2,300 people come to work at the 750,000 sq.ft. complex.
The launch of the MaRS Centre Phase 2 will more than double the available square footage of MaRS, creating Canada’s largest science, technology and research centre.
class: A
size: Office: 740,000 SFRetail: 30,000 SF
Floors: 20
Available space: 382,000 SF
% Leased: 48%
Average Floor: 27,398 - 40,835 SF
completion: 4q 2013
status: Under Construction
Leed status: LEED Gold
developer: MaRS Developmentwww.marsdd.com
owner: MaRS Discovery District
tenants:
Ontario Institute for Cancer Research (78,000 SF)Public health Ontario (160,000 SF)MaRS (120,000 SF)
pAtH connection: No
comments:Phase 2 of multi-phase laboratory and office space development
Artist Rendering by Bregman + hamann Architects
9 n e W o F F I c e d e V e Lo p m e n t | s e p t e m b e r 2 0 1 3 to r o n to c b d
134 peter street
The queen Richmond Centre West (The qRC) is a landmark development in Toronto’s Downtown West. The qRC is an office-retail development that will be completed in two phases. Phase 1 will integrate the existing, four-storey renovated and converted office building with a new, 11-storey office structure and a two-storey atrium. Completion of the first phase is scheduled for early 2015. The second phase is expected to include a large retail component.
class: A
size: Office: 285,581 SFRetail: 13,637 SF
Floors: 17
Available space: 235,581 SF
% Leased: 18%
Average Floor: 23,604 SF
completion: 1q 2015
status: Under Construction
Leed status: LEED Gold
developer: Allied Properties REITwww.alliedreit.com
owner: Allied Properties REIT
tenant: Sapient Corporation(50,000 SF)
pAtH connection: No
comments: Phase 1 of 2-phase, mixed-use development
Photo: Allied Properties
ThE qUEEN RIChMOND CENTRE WEST
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ONE YORk
1 yorK street
One York is an 800,000 square foot, 35-storey, LEED Platinum office development in Downtown South. One York will be connected via above-grade PATh to the Air Canada Centre to the north, providing tenants with quick access to Union Station, the TTC, VIA Rail, and GO trains. The location of this building is also easily accessible by the Gardiner Expressway, which connects to the Don Valley Parkway to the east and highway 427 to the west, both of which then provide easy access to highway 401.
class: A
size: Office: 800,000 SFRetail: 200,000 SF
Floors: 35
Available space: 668,000 SF
% Leased: 17%
Average Floor: 27,692 SF
completion: 2q 2016
status: Under Construction
Leed status: LEED Platinum
developer: Menkes Developmentswww.menkes.com
owner: hOOPP & Menkes Developments
tenant: hOOPP (132,000 SF)
pAtH connection: Yes
comments: New construction
Photo: www.arcestra.com
11 n e W o F F I c e d e V e Lo p m e n t | s e p t e m b e r 2 0 1 3 to r o n to c b d
100 Adelaide Street West is one of two new developments in the Financial Core. This property will be anchored by Ernst & Young and will contain nearly 1 million SF of rentable office space. The façade of the existing 16-storey heritage building will be incorporated into the 40-storey redevelopment. Given the heritage status of the existing structure, it will be dismantled brick-by-brick in order to be incorporated into the new construction. Therefore, timing of this project is longer than that of comparable projects Downtown, and completion is expected in early 2017.
class: A
size: Office: 905,700 SF
Floors: 40
Available space: 493,720 SF
% Leased: 45%
Average Floor: 23,000 SF
completion: 1q 2017
status: Under Construction
Leed status: LEED Platinum
developer: Oxford Propertieswww.oxfordproperties.com
owner: Oxford Properties
tenant: Ernst & Young (255,000 SF)TMX Group (157,000 SF)
pAtH connection: Yes
comments: Redevelopment
Photo: www.oxfordbigblocks.com
100 ADELAIDE STREET WEST
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351 KInG street eAst
The Globe and Mail Centre represents Phase 2 of a four-acre redevelopment site. Phase 1 of the project featured the addition of three stories to the existing 333 king Street East building to accommodate Coca-Cola Canada. The Globe and Mail Centre will be a 17-storey office tower anchored by the Globe and Mail. Construction has commenced and is scheduled for completion in late 2016.
class: A
size: Office: 462,000 SFRetail: 18,000 SF
Floors: 17
Available space: 282,000 SF
% Leased: 39%
Average Floor: 27,000 SF - 43,500 SF
completion: q4 2016
status: Under Construction
Leed status: LEED Gold/Platinum
developer: First Gulf Corporationwww.firstgulf.com
owner: First Gulf Corporation
tenant: First Gulf Corporation (50,000 SF)Globe and Mail (130,000 SF)
pAtH connection: No
comments: Phase 2 of mixed-use development
Photo: www.urbantoronto.ca
GLOBE AND MAIL CENTRE
13 n e W o F F I c e d e V e Lo p m e n t | s e p t e m b e r 2 0 1 3 to r o n to c b d
45 Bay Street is a 2.3-acre plot of land, currently improved with a Green P Parking Lot. This property is zoned as a Mixed Use Area, which permits 1.2 million SF of office density. Currently, no redevelopment plans have been submitted to the City of Toronto.
class: A
size: 1,000,000 SF
Floors: N/A
Available space: 1,000,000 SF
% Leased: 0%
Average Floor: N/A
completion: 2018
status: Proposed
Leed status: N/A
developer: SITqwww.ivanhoecambridge.com
owner: SITq
tenant: N/A
pAtH connection: N/A
comments: New construction
Photo: www.urbantoronto.ca
45 BAY STREET
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qUEENS qUAY PLACE AT BAYSIDE
The Bayside development site is the largest parcel of land developed to date by Waterfront Toronto. Led by real estate developer hines, Bayside will transform an under-utilized, industrial area into an active and diverse mixed-use community and evolving waterfront destination.
queens quay Place is proposed to be two buildings, each having 208,000 SF of office space. 190,000 SF of retail amenities as well as 1,700 condominium units are also planned for the immediate vicinity.
class: A
size: Office: 2 x 200,000 SFRetail: 2 x 15,000 SF
Floors: 2 x 8
Available space: 400,000 SF
% Leased: 0%
Average Floor: 25,000 SF
completion: 1q 2015
status: Proposed
Leed status: LEED Gold
developer: hineswww.hines.com
owner: hines
tenant: N/A
pAtH connection: No
comments: Phase 1 of multi-phase, mixed-use development
Photo: hines
15 n e W o F F I c e d e V e Lo p m e n t | s e p t e m b e r 2 0 1 3 to r o n to c b d
This 1.8-acre site is improved with the 7-storey Toronto harbor Commission office building at 60 harbour Street and a vacant site currently used for surface parking. While no official plans are available yet, the Toronto Port Authority plans on redeveloping the vacant land into a mixed-use office and commercial property. The existing structure at 60 harbour Street will be preserved. Current tenants of the building, including harbour 60 Restaurant, are expected to remain at the same location.
TPA hopes to have construction commence within the next few years following required approvals and site planning.
class: A
size: 944,000 SF
Floors: N/A
Available space: 944,000 SF
% Leased: 0%
Average Floor: N/A
completion: TBD
status: Proposed
Leed status: N/A
developer: Oxford Propertieswww.oxfordproperties.com
owner: Toronto Port Authority
tenant: N/A
pAtH connection: N/A
comments: New construction
Photo: CBRE Limited
30 BAY STREET / 60 hARBOUR STREET
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16 YORk STREET
Cadillac Fairview Corporation has partnered with Lanterra Developments to develop this mixed-use residential and office property. Currently under construction on this site are Lanterra Developments’ ICE Condominiums – two towers, 67- and 57- storeys each. This 32-storey office tower is proposed adjacent to the existing residential development.
class: A
size: 800,000 SF
Floors: 30
Available space: 800,000 SF
% Leased: 0%
Average Floor: 28,000 SF
completion: 3q 2015
status: Proposed
Leed status: LEED Platinum
developer: Cadillac Fairview Corporationwww.cadillacfairview.com
owner: Cadillac Fairview Corporation
tenant: N/A
pAtH connection: Yes
comments: Phase 2 of the Residential and Office mixed-use development
Photo: www.16york.ca
17 n e W o F F I c e d e V e Lo p m e n t | s e p t e m b e r 2 0 1 3 to r o n to c b d
The site is located at the southeast corner of Front Street West and Simcoe Street. The property is improved with an 8-storey technology centre at 151 Front Street West, the SkyWalk, and surface parking area.
The proposed development consists of an office building and technology centre, with a shared lobby and galleria. Above grade parking is integrated into the development under the SkyWalk and in above ground floors.
class: A
size: 1,000,000 SF
Floors: N/A
Available space: 1,000,000 SF
% Leased: 0%
Average Floor: N/A
completion: 2018
status: Proposed
Leed status: N/A
developer: Allied Properties REITwww.alliedreit.com
owner: Allied Properties REIT
tenant: N/A
pAtH connection: N/A
comments: New construction
171 FRONT STREET WEST
Photo: www.urbantoronto.ca
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156 FRONT STREET WEST
This land assembly consists of eight addresses at 156-174 Front Street West & 43-51 Simcoe Street having a total size of 1.6 acres. The owner intends to redevelop this property into a mixed-use project consisting of a 65-storey residential tower and a 54-storey office tower. A rezoning application is currently under review with the City of Toronto.
class: A
size: 1,200,000 SF
Floors: 54
Available space: 1,200,000 SF
% Leased: 0%
Average Floor: 24,000 SF
completion: TBD
status: Proposed
Leed status: N/A
developer: Cadillac Fairview Corporationwww.cadillacfairview.com
owner: Cadillac Fairview Corporation
tenant: N/A
pAtH connection: N/A
comments: Mixed-use development
Photo: www.urbantoronto.ca
19 n e W o F F I c e d e V e Lo p m e n t | s e p t e m b e r 2 0 1 3 to r o n to c b d
ATRIUM ON BAY
595 bAy street
An application for Site Plan Approval is currently under review with the City of Toronto. h&R REIT plans to add 215,000 SF on four floors of each of the two end towers of this building. New elevator banks will be installed to accommodate the new floors. Construction is expected to be completed within 20 months of commencement, pending an anchor tenancy.
class: A
size: 285,000 SF
Floors: 4 x 2
Available space: 285,000
% Leased: 0%
Average Floor: 28,500 SF
completion: 20 months from signing
status: Proposed
Leed status: N/A
developer: h&R REITwww.hr-reit.com
owner: h&R REIT
tenant: N/A
pAtH connection: Yes
comments: Addition of 4 floors on each of the two towers
Photo: CBRE Limited
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85 RIChMOND STREET WEST
Oxford Properties is considering a potential redevelopment of the existing building. If it goes ahead, construction is expected to be completed in q4 2016.
class: A
size: 155,000 SF
Floors: 11
Available space: 155,000 SF
% Leased: 0%
Average Floor: 13,000 SF
completion: 2019
status: Proposed
Leed status: N/A
developer: Oxford Propertieswww.oxfordproperties.com
owner: Oxford Properties
tenant: N/A
pAtH connection: Yes
comments: Renovation of existing building
Photo: www.oxfordproperties.com
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MULTI-hOUSING REFERENCE ChART
# status submarket development builder product type # Units occupancy
1 Under Construction DT Core U Condominiums - West Tower (Phase 1) Pemberton Group Apartment 418 2015-01
2 Under Construction DT Core U Condominiums - East Tower (Phase 2) Pemberton Group Apartment 462 2015-01
3 Under Construction DT Core 1 Thousand Bay Cresford Developments Apartment 478 2015-05
4 Under Construction DT Core Five Condos Graywood Developments Ltd. and Mod Developments Inc. Apartment 539 2014-11
5 Under Construction DT Core Chaz on Charles at Yonge Edenshaw homes and 45 Charles Ltd. Apartment 417 2015-06
6 Under Construction DT East X2 Great Gulf homes and Lifetime Developments Apartment 480 2014-06
7 Under Construction DT Core Aura at College Park Canderel Stoneridge Equity Group Ltd. Apartment 981 2014-12
8 Under Construction DT West Residences at RCMI on University Tribute Communities Apartment 318 2014-10
9 Under Construction DT West No. 210 Residences on Simcoe Sorbara Development Group and Diamond Corp. Apartment 294 2015-07
10 Under Construction DT West 12 Degrees BSaR Group of Companies Apartment 95 2014-03
11 Under Construction DT West Tableau Condominiums Urban Capital Property Group andMalibu Investments Inc. and Alit Developments Apartment 410 2014-09
12 Under Construction DT West king Charlotte Lamb Development Corp. and Niche Development Apartment 232 2015-01
13 Under Construction DT West Bisha Lifetime Developments Apartment 334 2014-04
14 Under Construction DT West Cinema Tower Daniels Corporation Apartment 444 2014-01
15 Under Construction DT West Pinnacle on Adelaide Pinnacle International Apartment 345 2014-06
16 Under Construction DT West Mercer Graywood Developments Ltd. and Beaverhall homes Apartment 390 2014-12
17 Under Construction DT West Three hundred Front Street West Tridel Apartment 683 2013-08
18 Under Construction DT West Studio2 on Richmond Aspen Ridge homes Apartment 406 2014-11
19 Under Construction DT West Studio on Richmond - Building B Aspen Ridge homes Apartment 337 2014-07
20 Under Construction DT West Theatre Park Lamb Development Corp. andharhay Construction Management Ltd. and Niche Development Apartment 233 2014-08
21 Under Construction DT West Infinity Condominiums - Final Phase Conservatory Group Apartment 298 2014-02
22 Under Construction DT West Infinity3 Condominiums Conservatory Group Apartment 407 2014-02
23 Under Construction DT Core L Tower Fernbrook homes andCityzen Urban Lifestyle and Castlepoint Numa Apartment 600 2013-10
24 Under Construction DT Core Backstage on the Esplanade Fernbrook homes andCityzen Urban Lifestyle and Castlepoint Numa Apartment 284 2015-04
25 Under Construction DT East PACE Great Gulf homes Apartment 352 2015-05
26 Under Construction DT East Marketwharf Context Developments Apartment 465 2014-02
27 Under Construction DT East Post house Condominium Alterra homes Apartment 280 2014-05
28 Under Construction DT East king Plus Condos Plus Development Group and Terracomm Development Inc. Apartment 132 2014-06
This disclaimer shall apply to CBRE Limited, Brokerage, and all of its real estate agents, and to all other divisions of the Corporation (collectively “CBRE”). The information set out herein (the “Information”) has not been verified by CBRE, and CBRE does not represent, warrant or guarantee the accuracy, correctness and completeness of the Information. CBRE does not accept or assume any responsibility or liability, direct or consequential, for the Information or the recipient’s reliance upon the Information. The recipient of the Information should take such steps as the recipient may deem necessary to verify the Information prior to placing any reliance upon the Information. The Information may change and any property described in the Information may be withdrawn from the market at any time without notice or obligation to the recipient from CBRE.
Source: RealNet
toronto doWntoWn | Under construction
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MULTI-hOUSING REFERENCE MAP
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AS STATIO
N
YONGE STATIONSHERBOURNE STATION
HarbourfrontPark
HarbourSquare Park
St. JamesPark
Moss Park
AllanGardens
GrangePark
Queen’s ParkSouth
Queen’s ParkNorth
ClarenceSquare
BerczyPark
Royal OntarioMuseum
Four SeasonsHotel
The Colonnade
WindsorArms
ParkHyatt
Manulife Centre
Condo/Hotel/Retail
XeroxCentre
Canwest
GraceHospital
Hudson’s Bay Centre
Crown LifePlace
Phase I
Crown LifePlace
Phase II
TownInnand
Suites
ComfortHotel
Downtown
YWCA
JarvisCollegiate
Rogers
EmanuelCollege
St. Basil’sRoman Catholic
Church
OntarioResearch
Foundation
Queen’s Park Ontario GovernmentBuildings
YMCA
Government
LucliffePlace
Toronto General Hospital
Hospital for Sick Children
Coach TerminalDundas Edward
Centre The Atrium on Bay
Eaton Centre
MasseyHall
PantagesCanonTheatre
TorontoLife
Ryerson Polytechnical Institute
St. Michael’sCathedral
St. Michael’sHospital
MetropolitanUnitedChurch
Queen RichmondCentre
ElginTheatre/
WintergardenTheatre
Bell TrinitySquare
Parking ParkingParking
ParkingParking
Parking
Ritz CarltonRBC Centre
Bay-AdelaideCentreWest Tower
TrumpTower
Marriot Hotel
Dundas Square
PantagesHotel& Spa
RyersonBusiness School
City Hall
Nathan PhilipsSquare
Old City Hall
MetropolitanHotel
UniversityCentre
Police 52Division
IndustrialAllianceBuilding
AirMiles
FestivalHall
City-TV
TheBalfourBuilding
Toronto NewMedia Centre
Festival Tower Princess ofWales Theatre
RoyalAlexandraTheatre
Roy ThompsonHall
Metro Centre
Metro CentreWellington Tower
Fairmont Royal York Hotel
IntercontinentalHotel
StrathconaHotel TD Waterhouse
Tower
TheToronto
Club
TorontoDominion
Bank
Royal BankPlazaNorth
Royal BankPlazaSouth
TD CanadaTrust Tower
Sony Centrefor the
Performing Arts
St. LawrenceCentre
Union Station
Citigroup Place
Air Canada Centre
Maple LeafSquare
Telus Tower18 York StreetGWL Tower II
HarbourSquareYork
QuayCentre
DumaurierTheatre
Queen’s QuayTerminalBuilding
WaterPark PlaceConference
Centre
Toronto Star
LCBO
Corus Building
Redpath Sugar
Westin HarbourCastle
St. LawrenceMarket
St. LawrenceHallMarket
Square
King James PlaceLe Meridien
King EdwardHotel
The Suitesat 1 King
West CosmopolitanHotel
Victoria Hotel RSAWellington
Square
OneFinancial
Place
St. JamesCathedral
State StreetFinancial Centre
Parking
HolidayInn Express
GeorgeBrown
College
GeorgeBrown
College
Novotel Hotel
Brookfield Place
Bay WellingtonTower
East
South
ErnstYoungTower
Toronto DominionBank Tower
Toronto-Dominion Centre
HSBC
St. AndrewsChurch
INGTower
NationalBank
Building
Four SeasonsCentreBank of
Canada
Hilton Hotel
Shangri-LaHotel
SheratonCentreHotel
SimpsonTower
The Bay
UBS
Metlife
Royal TrustTower
LombardPlace
CIBCMellon
Toronto StockExchange
ExchangeTower
Sun Life Tower
StandardLife
Centre
CanadianPacificTower
West
TheNational
Club
North
CommerceCourt
ScotiaPlaza
Bank ofNovaScotia
44
RoyalBank
Building
CBC Broadcast Centre
CN TowerRenaissance Hotel
Rogers Centre
Convention CentreEntrance
Old Roundhouse
RadissonPlazaHotel
Metro Hall
CanadaLife
Art Gallery of Ontario
Mount SinaiHospital
QueenElizabethHospital
Princess MargaretHospital
Ontario PowerGeneration
Court House
OsgoodeHall
Delta Chelsea Hotel
CourtyardBy Marriot
Hotel
TorontoHydro
CarltonTowers Days Hotel
and ConferenceCentre
Best WesternPrimrose
RamadaPlaza Hotel
Church StreetPublic School
Women’sCollegeHospital
PoliceHeadquarters
College Park
Government
TorontoPsychiatric
Hospital
BantryBest
Institute
OntarioParliament
Building
St. JosephSchool
Sutton PlaceHotel
St. Michael’sCollege
VictoriaCollege
TorontoReference
Library
Trinity College
Massey College
VarsityArena
InterContinentalHotelHoliday Inn
Midtown
VarsityStadium
HumanitiesResearch Library
Zoology
Chemistry
PhysicsKnox College
Convocation Hall
Wallberg Building
University of Toronto
Addiction ResearchClinical Institute
ClarkeInstitute
Hart House
UniversityCollege
Wycliff College
Medical Sciences
Engineering
Sydney SmithHall
New College
University of Toronto Schoolsand Ontario College of Education
MaRs
MaRs Phase 2(future development)
111
City-TV
Comfort Suites
Grand Hoteland Suites
Markel
RichmondAdelaideCentre
HolidayInn onKing
Hilton Suites
SohoMetropolitan
Hotel
Le GermainHotel
99
RogersBuilding
Manulife
UnileverBuilding
460
65
40
First Canadian Place
Metro Convention Centre
Simcoe Place
HARBORD STREET
WILLCOCKS STREET
HOSKIN AVENUE
AVENUE ROAD
UNIVERSITY AVENUE
UNIVERSITY AVENUE
BAY STREET
BAY STREET
BALMUTO STREET
BAY STREET
YONGE STREETYONGE STREET
YONGE STREETYONGE STREET
YONGE STREET
FREELAND STREET
LOWER JARVIS STREET
RICHARDSON STREET
VICTORIA STREET
BOND STREET
SHERBOURNE STREETSHERBOURNE STREET
JARVIS STREETJARVIS STREET
GEORGE STREET
CHURCH STREET
TORONTO STREET
YORK STREET
EMILY STREET
SHERBOURNE STREETLOW
ER SHERBOURNE STREET
LOWER JARVIS STREET
CHURCH STREET
JARVIS STREET
MUTUAL STREET
CHURCH STREET
OKEEFE LANEOKEEFE LANE
ST. ENOCHS SQUARE
WELLESLEY STREET WEST
BREADALBANE STREET
GROSVENOR STREET
GRENVILLE STREET
WELLESLEY STREET EAST
COLLEGE STREET
GERRARD STREET WEST
GOULD STREET
GERRARD STREET EAST
DUNDAS STREET WEST
DUNDAS STREET EAST
SHUTER STREET
DUNDAS STREET WEST
QUEEN STREET WESTQUEEN STREET WEST
RICHMOND STREET WEST
ADELAIDE STREET WEST
KING STREET WEST
QUEEN STREET EAST
RICHMOND STREET EASTRICHMOND STREET WEST
ADELAIDE STREET WEST
BAY STREETBAY STREET
BAY STREETHARBOUR
SQUARE
KING STREET WEST
WELLINGTON STREET WEST
FRONT STREET WEST
GARDINER EXPRESSWAY
HARBOUR STREET
QUEENS QUAY WEST
QUEENS QUAY EAST
LAKESHORE BOULEVARD EASTGARDINER EXPRESSWAY
GRAND TRUCK CRES
LAKESHORE BOULEVARD WEST
STATION STREET
WELLINGTON STREET WEST
FRONT STREET WEST
BLUE JAYS WAY
BREMNER BOULEVARD
YORK STREETYORK STREET
GARDINER EXPRESSWAY
ROBERTSON
CRES
CENT
LAKESHORE BOULEVARD WEST
LAKESHORE BOULEVARD WEST
REES STREET
NAVY WHARF COURT
LOMBARD STREET
ADELAIDE STREET EAST
WELLINGTON STREET EAST FRONT STREET EAST
THE ESPLANADE
WALTON STREET
THE ESPLANADE
KING STREET EAST
EDWARD STREET
ELM STREET
CARLTON STREET
SPADINA AVENUESPADINA AVENUE
SPADINA AVENUE
QUEENS PARK CRESCENT WEST
QUEENS PARK CRESCENT EAST
ELIZABETH STREET
CHESTNUT STREET
ST. GEORGE STREETST. GEORGE STREET
BEVERLEY STREETBEVERLEY STREET
BLOOR STREET WESTBLOOR STREET EAST
COLLEGE STREET
ORDE STREET
PRINCE ARTHUR AVENUE
BEDFORD ROAD
HURON STREET
HURON STREET
BPNICOL AVENUE
HURON STREET
ST. PATRICK STREET
McCAUL STREET
HENRY STREET
ROSS STREET
GLASGOW STREET
DARCY STREET
DEVONSHIRE PLACE
WASHINGTON AVENUE
RUSSELL STREET
SUSSEX AVENUE
GLEN MORRIS STREET
ELMSLEY PLACE
CHESTNUT STREET
CENTRE AVENUE
JAMES STREET
GRAND OPERA LANE
VICTORIA STREET
BERTI STREET
DUNCAN STREET
JOHN STREETJOHN STREET
WIDMER STREET
DRUMMOND PLACE
CHARLOTTE STREET
BULWER STREET
PHOEBE STREET
SOHO STREET
ST. PATRICK SQUARE
SULLIVAN STREET
GRANGE AVENUE
GRANGE ROAD
MICHAEL SWEET AVENUE
STEPHANIE STREET
RENFREWPLACE PULLAN PLACE
LARCH STREET
GRANGE PLACE
SOHO SQUARE
SOHO PLACE
PETER STREET
WINDSOR STREET
JOHN STREET
BLUE JAYS WAY SIMCOE STREET
LOWER SIMCOE STREET
LOWER SIMCOE STREET
NELSON STREET
MERCER STREET
OXLEY STREET
FREDERICK STREETFREDERICK STREET
GEORGE STREET
COURT STREET
BRITAIN STREET
COLBORNE STREET
SCOTT LANE
SURREY PLACE
LA SCALA LANE
ST. THOMAS STREET
ST. NICHOLAS STREET
INKERMAN STREET
PHIPPS STREET
YORKVILLE AVENUE
BELLAIR STREET
CUMBERLAND STREET
CRITCHLEY LANE
ST. MARY STREET
CHARLES STREET WEST
MAYFAIR MEWS
ASQUITH AVENUE
COLLIER STREET
HAYDEN STREET
ROYS SQ
SELBY STREET
LINDEN STREETCHARLES STREET EAST
GLOUCESTER STREET
DUNDONALD STREET
ALEXANDER STREET
WOOD STREET
HAYTER STREET
ALBERT STREET
HAGERMAN STREET
TEMPERANCE STREET
PIPER STREETHEENAN PLACE
MAITLAND STREET MAITLAND PLACE
MARIBETH AVENUE
MUTUAL STREET
ALEXANDER PLACE
DONNA SHAW LANE
CHURCH STREET
HOMEWOOD AVENUE
MAITLAND
TERR
ACE
WELLESLEY LANE
WELLESLEY PLACE
EARL STREETEARL PLACE
MONTEITH STREET
CAWTHRA SQUARE
ISABELLA STREET
SULTAN STREET
TOWER ROAD
GALBRAITH ROAD
KING
S CO
LLEG
E CI
RCLE
IRWIN AVENUE
ST. JOSEPH STREET
MURRAY STREET
WALTON STREET
FOSTER PLACE
WALTON STREET
GRANBY STREET
MCCLEAR PLACE
HORTICULTURAL AVENUE
GLENHOLME PLACE
PEMBROOKE STREET
GEORGE STREET
MCGILL STREET
SHEARD STREET
CLASSIC AVENUE
BANCROFT AVENUE
CLARENCE SQUARE
PEARL STREET
LA PLANTE AVEN UESHEPPARD STREET
HAR
T HO
USE
CIRC
LE
ROSEDALE VALLEY ROAD
SPADINA CRESCENT
SPADINA AVENUE
DOWNTOWN TORONTO
N
12
34
5 6
7
16
18
20
2122
24
26
28
25
27
23
8
9
10
11
12
13
14
15
19
17
neW oFFIce deVeLopmentSEPTEMBER 2013 TORONTO CBD
For more InFormAtIon pLeAse contAct:
John o’tooleEVP & Executive Managing Directort 416 815 2368 [email protected]
cbre Limited | 145 King street West, suite 600 | toronto, on m5H 1J8 | www.cbre.ca
masha dudelzak, mbASenior Research Analystt 416 815 2316 [email protected]
GIS MAPPING PROVIDED BY: naz Ali, GISP | National GIS Coordinator | t 604 662 5173 | [email protected]
ross mooreDirector of Research, Canadat 604 662 5101 [email protected]
This disclaimer shall apply to CBRE Limited, Real Estate Brokerage, and to all other divisions of the Corporation; to include all employees and independent contractors (“CBRE”). The information set out herein, including, without limitation, any projections, images, opinions, assumptions and estimates obtained from third parties (the “Information”) has not been verified by CBRE, and CBRE does not represent, warrant or guarantee the accuracy, correctness and completeness of the Information. CBRE does not accept or assume any responsibility or liability, direct or consequential, for the Information or the recipient’s reliance upon the Information. The recipient of the Information should take such steps as the recipient may deem necessary to verify the Information prior to placing any reliance upon the Information. The Information may change and any property described in the Information may be withdrawn from the market at any time without notice or obligation to the recipient from CBRE. CBRE and the CBRE logo are the service marks of CBRE Limited and/or its affiliated or related companies in other countries. All other marks displayed on this document are the property of their respective owners. All Rights Reserved.
Mapping Sources: Canadian Mapping Services [email protected]; DMTI Spatial, Environics Analytics, Microsoft Bing, Google Earth.
Access Office Development Reports for: Montreal, Calgary, Vancouver