Toronto RBC WaterPark Place III | 140.2m | 30s | Oxford Properties | WZMH

androiduk said:
Is this the building?

Application: Zoning Review Status: Not Started

Location: 85 HARBOUR ST
TORONTO ON

Ward 28: Toronto Centre-Rosedale

Application#: 11 188520 ZPR 00 ZR Accepted Date: May 5, 2011

Project: Non-Residential Building New Building

Description: Zoning review for new 30 storey mixed use building with retail at ground floor and office above.
Click to expand...

Well here is a bit more info..

85 HARBOUR ST

Site Plan Approval 11 194925 STE 28 SA Ward 28
- Tor & E.York May 13, 2011 --- --- --- ---

Site Plan Approval for Waterpark Phase III site - linked to previous approvals and existing development at 10-20 Bay St. - proposing office tower, 30 storeys, 128.55m at highest point - approximately 83,515 sq.m- would join into the Phase I and II buildings to the east
 
It's very interesting and significant that this kind of low-end back office work is locating downtown. Five or ten years ago, we were seeing these kinds of jobs moving out to suburban office parks. This is very positive news, but if the tower will be ultra-cheap, it's too bad that it can't be buried within the downtown high rise cluster.
 
unimaginative2 said:
It's very interesting and significant that this kind of low-end back office work is locating downtown. Five or ten years ago, we were seeing these kinds of jobs moving out to suburban office parks. This is very positive news, but if the tower will be ultra-cheap, it's too bad that it can't be buried within the downtown high rise cluster.
Click to expand...

Well I'm actually really curios as to what they're referring to by back end as it can mean a lot of things. It could be the technology side; In that case while some of these offices have relocated out of the core (or expanded out of the core) many have remained downtown (citing RBC / TD / Scotia bank as examples) - CIBC is an example where a lot of development takes place outside the core (for a rarity in Toronto still though, around Lawrence West station they have a giant campus).

Now if its call center type work I'd be very surprised. RBC now has that huge facility in west Mississauga along with a couple other banks.
 
taal said:
Well I'm actually really curios as to what they're referring to by back end as it can mean a lot of things. It could be the technology side; In that case while some of these offices have relocated out of the core (or expanded out of the core) many have remained downtown (citing RBC / TD / Scotia bank as examples) - CIBC is an example where a lot of development takes place outside the core (for a rarity in Toronto still though, around Lawrence West station they have a giant campus).

Now if its call center type work I'd be very surprised. RBC now has that huge facility in west Mississauga along with a couple other banks.
Click to expand...

Actually... about 60% of CIBC tech is downtown now. 750 lawrence is mostly call centered related these days.
 
Kitsune said:
Actually... about 60% of CIBC tech is downtown now. 750 lawrence is mostly call centered related these days.
Click to expand...

Unless things have changes in the last year ;) ...

They still do a lot of development at the lawrence campus ... a ton of internships are located there. It's possible the call center is located there as well. But a good chunk of one building is all internal development.

Regarding downtown you're right though; Atrium on Bay building as well, great location :)
 
An original ad for Waterpark Place, showing the unbuilt third tower in the background:

waterpark3b.jpg



waterpark3a.jpg
 
Does anyone knows if they are building two towers or only one, and if the plan is for one, where in the lot is going to be situated?
 
Seems like the whole lot is getting redeveloped, starting with the tower facing west on a north/south axis... Interesting, interesting...

Now for elevations!
 
Yeah, it could be crazieness down there with 60, 85, 90, 120 Harbour street all most likely under construction at the same time.:)

I guess the tower will have a 3 storey podium overtop by 30 storeys of office space..

From city planning May 10 2011
The proposed development at 85 Harbour Street is a 33-storey office tower for a Class A
user group looking to locate close to Union Station and the downtown. A PATH
connection is critical to their locating in this area.

Also from the attachment it looks like WZMH are the architects.
 
Last edited:
from today's press release.....

"The substantial demand for the new breed of office space has led to late-stage discussions for at least three new developments," said Allan Schaffer, President/Broker of Record of Devencore Realties Corporation Canada Limited, Brokerage. "For example, Oxford is currently negotiating with a major financial tenant to launch a 700,000-900,000-square-foot building near WaterPark Place; Cadillac Fairview is marketing an 800,000-square-foot mixed-use project at 16 York Street; and in the Downtown West area Allied Canadian is actively seeking lead tenants focused on the new media industry for a proposed 240,000-square-foot tower.
Click to expand...

http://www.marketwire.com/press-release/newmark-knight-frank-devencore-reports-on-strong-toronto-office-market-1520377.htm
 
Here's a video flythrough of the new Oxford tower at Waterpark Place III. Apparently they have or are very close to signing a major financial tenant for the space.

http://www.arcestra.com/fileDl/fetc...E8844BC32A7109070ACB41?id=6753220258974536474

This goes with the rough site plan submitted for the PATH extension. Inoffensive staggered box, will do wonders at patching up an eyesore of a parking lot on Queen's Quay. More jobs by the lake, the better.
 
You must log in or register to post here.

Back
Top