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On Monday January 29th, Cadillac Fairview celebrated major completion of 160 Front Street West, at 46 storeys, the latest major and unique presence on the Downtown Toronto skyline. The developer, a prominent name in Canadian commercial real estate, marked this significant milestone with a ribbon cutting ceremony.
Sal Iacono, President and CEO of Cadillac Fairview, alongside Ontario Premier Doug Ford, Bharat Masrani, Group President and CEO of TD Bank, and other dignitaries, were present to celebrate the event. It signified "the base building is basically completed," Sal Iacono told UrbanToronto in an interview the day of the event.
The event puts the architectural innovation of AS + GG Architecture of Chicago on full display, adding a significant addition to Toronto's financial core with its proximity to Union Station. This 46-storey commercial tower, seventh tallest building in the city by soaring to an impressive height of 239.87m / 787 ft, replaces a long-standing parking lot with 1.2 million ft² of premium office space. Emphasizing Cadillac Fairview's commitment to combining form with function, Iacono told us the building is 99% leased, all of its office space split between the TD Bank and the Ontario Teachers' Pension Plan.
UrbanToronto spoke with Iacono to learn more about the tower’s unique look and use. “This building is outstanding in terms of form and design,” commented Iacono, “with its curvature and ability to integrate the rooftop podium space for the use of TD Bank.” World-renowned AS + GG Architecture were selected through Cadillac Fairview's design process, besting other highly regarded firms. Iacono highlighted the building's integration of a 117-year-old heritage facade of an early 1900s warehouse on Front Street, as well as the tower's state-of-the-art curtain wall system, made up of thousands of glazing units which were each uniquely crafted to fit the building's curvilinear massing.
Sustainability is also at the forefront, with 160 Front Street West designed to achieve LEED® Platinum and WELL Building Standard® certifications. The building boasts connection to Enwave’s highly efficient Deep Lake Water Cooling system that uses Lake Ontario to maintain comfort indoors, a reclaimed rainwater system, and provides 11 electrical vehicle charging stations in its garage. “As part of our base building, we will have an energy smart operation platform," Iacono explained. The developer's national sustainability program, Green at Work® uses leading global sustainability practices, and sets targets across the Cadillac Fairview portfolio for building performance.
The ribbon cutting signifies the completion of the base building, with fit-outs of the office space now underway, and the first wave of occupancy slated for late March to June. With TD Bank Group and the Ontario Teachers’ Pension Plan taking all of the tower, only a restauranteur remains to be found for a ground floor space facing Simcoe Street, while a 5,000 ft² TD Bank flagship retail branch is to be integrated behind the heritage walls on Front Street. "We are working with a restaurant prospect to get a restaurant at the lobby level," Iacono shared, emphasizing their commitment to providing a vibrant and dynamic space for both tenants and the public. This includes a connection under Simcoe Street to the PATH network, further integrating 160 Front West into the downtown core.
An innovative feature of the building is its programmable LED lighting system. While normally programmed to display TD Bank's logo and its green branding, "We'll have a program that we'll be running throughout the year," Iacono stated, indicating the system's ability to adapt the display for different seasons and occasions.
As Iacono told us, 160 Front Street West embodies Cadillac Fairview’s vision of blending high-end design with practical functionality, pushing the boundaries of commercial architecture. Looking ahead, Iacono informed that the plan is to have “a fully functioning and publicly accessible lobby,” anticipated to be three to four months away when the public will be able to experience the building.
UrbanToronto will continue to follow progress on this development, but in the meantime, you can learn more about it from our Database file, linked below. If you'd like, you can join in on the conversation in the associated Project Forum thread or leave a comment in the space provided on this page.
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