TORONTO — The Toronto Region Board of Trade and its trade services arm, the World Trade Centre Toronto (WTC-T), are getting a new home.
The move to the bigger space, which was made possible by a partnership with Menkes Developments Ltd., TD Greystone Asset Management and CBRE, will be located at 100 Queens Quay East on Toronto’s waterfront after 45 years in the financial district.
In 2017, the board announced it would be relocating its offices from First Canadian Place and looking to secure space in a unique Toronto building.
The move is scheduled to take place in 2022. It will more than double the size of the board’s current footprint.
The landmark 25-storey office building, which features approximately 690,000 square feet of Class “AAA” space, is the first phase of Menkes’ 4.6-million-square-foot mixed-use community on the waterfront called Sugar Wharf.
The board is taking approximately 90,000 square feet in this tower that will feature an enlarged, corporate event space with an outdoor terrace overlooking the city, as well as an enhanced workspace for board members, indicates a release.
CBRE Ltd acted as the sole brokerage adviser on the transaction.
The building was designed by B+H Architects and conceived with the objective of achieving the highest standards in environmental sustainability by striving for LEED Platinum certification.
“We believe in global connectivity. We believe in finding future-focused opportunities and ideas for our members, partners and all levels of government. We believe in raising our collective voice,” said Jan De Silva, president and CEO of the Toronto Region Board of Trade, in a statement.
“We want our new, iconic trade, business and corporate event hub — in the energized, new waterfront business district with its thought leaders and innovators — to drive the Toronto region’s momentum.”
Recent Comments
comments for this post are closed