fedplanner
Active Member
So something is definitely going on behind the scenes in Toronto's commercial industry. Too many big office tower proposals. We have 45 Bay aggressively looking for a tenant, then "160 Front" gets a brand name change with a new HQ video. They are serious about this tower too. Someone is obviously looking for space. I couldn't see so much action going on if the market was dead. There's obviously demand out there somewhere.
The suburban office park doesn't have the same allure amongst the millennials as it did the prior generation. Companies tend to located in places accessible to their customers and employees. I have no doubt in my mind that the condo boom enabled the office boom as the economy countinues to grow. There may be many more office developments to come in the next decades. A renaissance of cities across North America.