TORONTO — Cadillac Fairview (CF) is undertaking the expansion and major restoration of 2 Queen Street West, a heritage building situated on the northwest corner of Yonge and Queen streets in Toronto.
The building is part of the CF Toronto Eaton Centre (TEC) complex and recently housed retail and office space.
According to a release, the project, which is designed to improve the quality and utility of the property while preserving its architectural features, will restore the original 1885 facade and add three more storeys to the building including a top floor designed to accommodate a first-class restaurant with an exterior terrace. Overall, the redevelopment comprises 23,150 square feet of office space and 22,011 square feet of retail and storage space as well as significant mechanical, structural and electrical upgrades.
“This project complements our ongoing investment in the CF TEC complex, most recently demonstrated by our announcement with BMO to develop an innovative new workspace in the former Sears office space, construction of the new Queen Street pedestrian bridge and the opening of Saks Fifth Avenue at the Hudson’s Bay Queen street location,” said Rory MacLeod, vice-president of development with Cadillac Fairview, in a statement.
As part of its Canadian portfolio, Cadillac Fairview owns and operates several heritage properties, preserving and integrating their architectural features into downtown commercial addresses, adds the release. These include the Station in Vancouver, Montreal’s Gare Windsor, the Transportation Building in Ottawa and Toronto’s TD-Centre.
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