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100 Queens Quay at Sugar Wharf 
100 Queens Quay East, Toronto
Developer: Menkes Developments
Website:

100 Queens Quay at Sugar Wharf | 117m | 25s | Menkes | B+H

Discussion in 'Buildings' started by themarc, Feb 13, 2012.

  1. themarc

    themarc Senior Member

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  2. AlvinofDiaspar

    AlvinofDiaspar Moderator

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    That's excellent news - that building is one of the stumbling blocks for revitalizing the stretch between Yonge and Jarvis. Between that and the reorganization of the Toronto Star site there is some serious potential for movement on that front.

    AoD
     
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  3. themarc

    themarc Senior Member

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    Its a massive site - nearly 30,000 sq meters.
     
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  4. Northern Light

    Northern Light Senior Member

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    My first thought, how many office workers?

    Suppose the LCBO relocated the office functions elsewhere in downtown as lead tenant in a major office tower?

    Second part, would this mean also divesting the warehouse?

    If so, I wonder where they would move that to?

    Might make a good development in an under-utlized industrial area.
     
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  5. pw20

    pw20 Active Member

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    They have 3500 full time staff - the majority of whom probably aren't "head office" workers.

    It would look INSANELY horrible for a crown corporation which many think should be sold off to be part of an "expensive" new and fancy HQ. Just think about the $hitstorm that erupted over the proposed new TTC HQ.

    That being said - I'd be surprised if you're talking more thatn 300 HQ workers - which would be under way below "lead tenant" status of any major office development (unless you're talking something like King West...)

    I think you'd estimate between 150-300 square foot per employee.
     
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  6. Northern Light

    Northern Light Senior Member

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    As per the above

    Do you think its that low? Don't they currently have a good six floors where they are?

    ****

    I wonder if this would include the store site as well, I assume it would if they are suggesting Queen's Quay frontage.

    That is one very large LCBO that would be in need of relocation.
     
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  7. Automation Gallery

    Automation Gallery Superstar

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    They can always move into the future proposed government run 880 Bay St. office development
     
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  8. Northern Light

    Northern Light Senior Member

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    Whoa.....

    From the Globe and Mail Article on this.......

    "He did say the province will sell the LCBO's headquarters property, a move expected to generate $200 million."

    He is Dwight Duncan btw....

    At 200M the development on that site would have to be eye-popping in its density.
     
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  9. AlvinofDiaspar

    AlvinofDiaspar Moderator

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    Recall the Ten York site netted 40M - maybe the LCBO site is 5x the size?

    AoD
     
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  10. urbandreamer

    urbandreamer recession proof

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    Ha the LCBO could always lease space in the new Globe and Mail HQ--that way the writers wouldn't have far to go to get a bit of inspiration...;)
     
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  11. Automation Gallery

    Automation Gallery Superstar

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    Hahaha..i wasnt to far off when i posted this last week.:)

     
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  12. AlvinofDiaspar

    AlvinofDiaspar Moderator

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    I highly doubt that there is much merit for facadism in this case.

    AoD
     
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  13. Xray_Crystal_Junkie

    Xray_Crystal_Junkie Senior Member

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    I pray they break this into several small plots instead of selling the whole thing as one. No more huge block developments down there please! I feel as though they'd net more $$ that way as well.
     
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  14. themarc

    themarc Senior Member

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    Does their site include the parking lot to the east? If so then it is an unprecedented block of downtown real estate.
     
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  15. Hypnotoad

    Hypnotoad Senior Member

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    I'm not sure.

    [​IMG]
     
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