GM Canadian Technical Centre Campus Redevelopment Markham, OPTrust, ?s, ?)

[canarob]

OPTrust is planning on building a full office campus at 101 McNabb, where the GM Canadian Technical Centre Campus building is now. This building would be replaced in later phases. This is a pretty substantial development at 10 buildings and 1,441,658 square feet.

Phase 1:

Full Build Out:

 

[Big Daddy]

Well I guess there’s no plan for their return anymore.

 

[innsertnamehere]

Well I guess there’s no plan for their return anymore.

GM literally just moved here.

GM brings new facility, 700 jobs to Markham, aims to make driving safer

CTC Markham unveiled as Canada's largest automotive innovation hub

www.yorkregion.com

 

[ProjectEnd]

I wonder if the intention is to move it all here:

Toronto GM Mobility Campus | 53.95m | 12s | BDP Quadrangle

http://www.theglobeandmail.com/report-on-business/gm-canada-plans-new-complex-in-downtown-toronto/article29659468/ Seems GM has purchased the Cinespace complex on Lake Shore and will be building a new dealership and headquarters for the Cadillac brand. Expected to be around 150 new jobs...

urbantoronto.ca

 

[innsertnamehere]

I wonder if the intention is to move it all here:

Toronto GM Mobility Campus | 53.95m | 12s | BDP Quadrangle

http://www.theglobeandmail.com/report-on-business/gm-canada-plans-new-complex-in-downtown-toronto/article29659468/ Seems GM has purchased the Cinespace complex on Lake Shore and will be building a new dealership and headquarters for the Cadillac brand. Expected to be around 150 new jobs...

urbantoronto.ca

There are 700 jobs in Markham, in an office that opened just over a year ago. I'd be surprised if they are moving all those jobs downtown just like this.

Most likely this is the landlord looking to add some space while retaining GM as a tenant for the next 10-20 years, with long term master planning for eventual demolition.

You have to remember office uptake in this part of town is pretty slow for new construction as well. It's going to take time to fill up 1.5 million sf of new construction space.

 

[mikejb]

A1 and B1 have been part of the conversation for the last two years. I would doubt 101 McNabb is going anywhere soon as both GM and TD spent a bunch of money to move in there in the last few years. GM just finished their work in 2018.