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2 Prologis Blvd @ Hurontario St (HOOPP/Royal Sun Alliance, 5 + 4s, ?) COMPLETE

drum118

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Mississauga, where cars rule city growth
This is just north of the 401 along Hurontario next to a recently completed office project.


http://www.mississauga.com/news-sto...e-project-at-mississauga-and-brampton-border/
Construction of new LRT line helps secure new office project at Mississauga and Brampton border
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Prologis Project

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Prologis project
photo by Bryon Johnson
Mississauga mayor Bonnie Crombie, Nick Macrae, Senior Portfolio Manager, Real Estate, Healthcare of Ontario Pension Plan, and Vince Brown, president and CEO, Triovest Realty Advisors, with the commemorative shovels handed out to the groundbreaking dignitaries at the Mississauga Gateway Groundbreaking Ceremony at 2 Prologis Boulevard on Tuesday June 21.

Mississauga News
By Joanne Lovering


The desire of two corporations to create environmentally friendly workspaces sparked an alliance that led to a fancy groundbreaking ceremony recently.

Eight dignitaries armed with eight shovels sporting sandblasted limited-edition works of art entitled Fracture, dug into the dirt at 2 Prologis Blvd. on June 21.

Fracture is an interpretation of Toronto-area artist Tom Ngo’s architectural rendering of the office building that is slated to emerge from the property and be ready for occupancy late in 2018.

“His work explores architectural conventions and regulations and liberates architectural design from logic,” said event host Randy Gladman, vice-president of development at Triovest, which is managing the project on behalf of the Healthcare of Ontario Pension Plan (HOOPP).

Ngo’s work has been shown at the Living Arts Centre in Mississauga.

Royal Sun Alliance (RSA) will move its Canadian headquarters from the Sheridan Centre at 2225 Erin Mills Pkwy. to this Mississauga Gateway Centre site at the end of 2018, said Joe Almeida, principal with Avison Young, the Toronto West brokerage with offices in Mississauga.

Almeida co-brokered the deal between the insurance company and HOOPP, which owns this location near the Mississauga and Brampton border, as well as the site across the street at 1 Prologis Blvd. and the property at 85 Prologis Blvd.

He said that the partnership was sparked in part by RSA being like-minded with HOOPP in their desire to create sustainable office buildings.

The 221,000-square-foot Leadership in Energy and Environmental Design (LEED) Gold office complex will be comprised of a five-storey tower and a four-storey tower, linked by a two-storey atrium. The green roof will be a distinguishing feature.

Major earthworks started in July and site servicing will start shortly thereafter.

Almeida said area transit plans played a big part in securing the deal. He noted that when RSA learned that the Hurontario-Main light rail transit (LRT) line, which will run right past the Mississauga Gateway Centre, is funded and construction will start soon, they took great interest in the 11-acre site.

RSA operates in 140 countries, serves 17 million customers and employs more than 4,000 people in Canada. It insures half a million homes in this country. They will take at least 80 per cent of the space.

“We are very excited to commence construction activities at this site,” said Gladman. “Triovest is very pleased to work with our friends at HOOPP and help manage many of their most important real estate assets, such as this site being developed for the lead tenant, Royal Sun Alliance.”

Almeida said RSA has signed a long-term lease that offers flexibility, highly efficient new space and naming rights for the building.
 

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