December 10, 2020 - International Estonian Centre Inc. (“IECI”) and Northern Birch Credit Union Limited (“Northern Birch”) are pleased to announce the closing of the sale of 11 Madison to the International Estonian Centre project on December 9th, 2020, taking the next step in the development process that launched in 2017 with the signing of the letter of intent with the City of Toronto for the purchase of 9 Madison Avenue. This was followed by the Estonian House in Toronto Limited (“EHTL”) shareholder special majority decision to participate in the project as it was seen to best meet the needs of the Estonian Community by ensuring a viable and sustainable centre for successive generations.
The closing of the 11 Madison sale is a major milestone. The International Estonian Centre project has now completed the land assembly on the Madison site and can start construction. This aligns with the contracting of the construction manager and with groundbreaking, scheduled for the beginning of 2021.
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International Estonian Centre in downtown Toronto will be a dynamic hub showcasing our rich heritage and promoting Estonian innovation. It will be a vibrant gathering place for Estonians of all generations and backgrounds to connect, celebrate, and share our culture and achievements with each other and the world. (Opening mid-2022). Visit
estoniancentre.ca to learn more and to sign up for the monthly newsletter.