Toronto CIBC SQUARE | 241.39m | 50s | Hines | WilkinsonEyre

[TheTigerMaster]

What are the chances of all three of these towers getting built? I doubt that the market can support 45 Bay, Union Centre, 156 Front, Oxford Place and the various other office developments. Something has to give.

 

[Automation Gallery]

Either way I have a feeling this project is still far in the future.

Unless you dont believe maxcity
I think you wrong again taal...A new Toronto state-of-the-art bus terminal, will be the big reason to break gound sooner than later

It will be two towers, with a park spanning over the railway tracks. The first tower is being built on spec apparently, while the second tower is much further down the line (2022). Design looks similar to Hearst Tower in New York.

I am not confusing this development with the Oxford proposal. The south tower will have a new bus terminal at its base along with some retail, the towers will be completely office. The north tower will stand where the current bus terminal is.

 

[salsa]

This is outrageous. It's only 4 meters short of suuuuupertall designation. Toronto can never do anything right. Do you have any idea how many supertalls Dubai has? This completely ruins the tower for me. Blah blah...

Exactly. First Canadian Place might still be Toronto's tallest building. Oh the horror.

 

[Automation Gallery]

Something has to give.

Haha yeah, a mass exodus from the financial core to these eco cool bldgs....i hope not

What are the chances of all three of these towers getting built? I doubt that the market can support 45 Bay, Union Centre, 156 Front, Oxford Place and the various other office developments

Well lets see.....45 Bay Street, (3-4blgs, approx. 2.8-3.5 million sq. ft.),
Oxford Place (2-3bldgs 2x70s office/residential aprox 2.5-3 million sq. ft.),
156 Front (1bldg. 1.3 million sq. ft.),
Union Centre (1bldg. 1.1 million sq. ft.),
1 Yonge (2bldgs. 1.5 million sq. ft.)
16 York (1bldg. 800.000 sq. ft.)

approx 11.5 million square ft. of office space planned
.....5 million sq. ft (under construction)
Total 16.5 million

Come on, lets be realistic

 

[buildup]

I love the designs, but would prefer the newer elements not squat right above the old Dominion building, which by Toronto standards is iconic.

 

[FinchConnection]

I wouldn't be opposed to them building atop of the Dominion building if they designed the extension to look the exact same as the base (I.e used stone / same materials, carried over the design elements).

 

[mistercorporate]

As long as its a beautiful glass structure I'm okay with building atop the dominion building (the Yonge street side is rather quiet and could use the extra density), I'm more concerned about the more conventional towers smack dab among the older distillery district buildings.

 

[maestro]

Haha yeah, a mass exodus from the financial core to these eco cool bldgs....i hope not



Well lets see.....45 Bay Street, (3-4blgs, approx. 2.8-3.5 million sq. ft.),
Oxford Place (2-3bldgs 2x70s office/residential aprox 2.5-3 million sq. ft.),
156 Front (1bldg. 1.3 million sq. ft.),
Union Centre (1bldg. 1.1 million sq. ft.),
1 Yonge (2bldgs. 1.5 million sq. ft.)
16 York (1bldg. 800.000 sq. ft.)

approx 11.5 million square ft. of office space planned
.....5 million sq. ft (under construction)
Total 16.5 million

Come on, lets be realistic

These aren't condo towers with a short term build out. Given current trend, a 15 to 20 year build out is more than realistic should they continue.

 

[canarob]

These aren't condo towers with a short term build out. Given current trend, a 15 to 20 year build out is more than realistic should they continue.

Agreed! I think we now just know where the next 20-30 years of downtown office supply will come from. I'm pretty damn excited for all of these proposals!

 

[Mongo]

These aren't condo towers with a short term build out. Given current trend, a 15 to 20 year build out is more than realistic should they continue.

Without the casino to speed things along, I expect that Oxford Place might take 10-15 years to finish, maybe longer. The 45 Bay project (whatever its official name will be, certainly not 45 Bay, which is only one piece of it) might take about the same.

That's 5.3-6.5 million square feet over 15 years or so, with another 4.7 million square feet in the other four buildings mentioned in Automation Gallery's post, coming online over maybe the next ten years. That sounds reasonable to me, if office employment is moving back to the downtown core.

 

[CITY_LOVER]

Haha yeah, a mass exodus from the financial core to these eco cool bldgs....i hope not



Well lets see.....45 Bay Street, (3-4blgs, approx. 2.8-3.5 million sq. ft.),
Oxford Place (2-3bldgs 2x70s office/residential aprox 2.5-3 million sq. ft.),
156 Front (1bldg. 1.3 million sq. ft.),
Union Centre (1bldg. 1.1 million sq. ft.),
1 Yonge (2bldgs. 1.5 million sq. ft.)
16 York (1bldg. 800.000 sq. ft.)

approx 11.5 million square ft. of office space planned
.....5 million sq. ft (under construction)
Total 16.5 million

Come on, lets be realistic

Thanks for the summary, however, there could be even more in the pipeline if small and mid size office projects that are proposed are included, such as the King West Allied, Bay-Adelaide III (the 32 storey tower), etc. so really we're looking at roughly 18 million square feet of office space that is under construction or proposed that downtown Toronto can/will see. That should be enough for the next 20-30 years, although personally, I wish this was absorbed over the next 10-15 years!

 

[toraerach]

As long as its a beautiful glass structure I'm okay with building atop the dominion building (the Yonge street side is rather quiet and could use the extra density), I'm more concerned about the more conventional towers smack dab among the older distillery district buildings.

The Dominion Public Building and Union Station currently form a pleasant streetwall along the south side of Front. With their similar massing and materials, they form an elegant transition from the high-rise glass-and-steel financial district to the north to the low- to mid-rise brick buildings of St. Lawrence to the east.

The proposed addition to the Dominion building creates an incongruity between the two structures that - I feel - would damage that current dynamic, and would harm the sense of wide-open breathing space you feel on Front here (as opposed to Wellington or King through the same stretch), which in itself alleviates some of that crushed-together rush hour crowdedness.

I would rather see the additional density (at least north of the rail corridor) pushed to the back of the site, even if it means more height, where a conversation with the L-Tower and the new train shed can be established - which may even prove more interesting than a jutting block of glass looming over the street.

 

[ushahid]

believe me our children and grandchildren will be able to see all these office buildings go up. some might get cancelled because of the developer going bank corrupt. which might take 15-20 years.

 

[Mongo]

Although maxcity said 2022 for the north tower, that's only 8 years from now. Don't know if that is the year of start of construction, or of tower completion. Probably start of construction, there's a lot to do before that one can start (in particular, the new bus terminal has to be built and in operation before the old GO bus terminal, where the north tower is slated to go, can be closed down). Add another 4 years for construction and the north tower is done 12 years from now.

 

[Lost In The Wilds]

Typical Toronto boxes.