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Waterfront Innovation Centre breaks ground

DCN News Services

TORONTO — Menkes Developments Ltd., in partnership with Alcion Ventures, recently broke ground on the Waterfront Innovation Centre, marking the first construction milestone of a 400,000-square-foot complex on Toronto’s waterfront.

Designed by architects Sweeny &Co, the centre will be comprised of two buildings with three distinct but interconnected components: The Exchange, The Hive, and The Nexus, a space that will serve as a public square and directly connect the two buildings.

Located in East Bayfront, adjacent to Canada’s Sugar Beach, the Waterfront Innovation Centre anchors Toronto’s innovation cluster on the eastern waterfront, representing the next evolution in workplace design that helps reinvent how today’s workforce collaborates in the city’s creative and technology sectors, states a release issued by Menkes. Occupancy is expected in 2021.

The complex will not only drive economic development with the creation of nearly 3,000 jobs, but also help to shape East Bayfront into a neighbourhood where people can live, work and play.

The centre will include features such as building automation controls, under-floor air distribution, direct/indirect LED lighting, a high-performance curtainwall system and occupancy/daylight sensors.

The building is being designed to achieve LEED Gold (v4) certification.

“This state-of-the-art office building will establish East Bayfront as the city’s newest innovation corridor,” said Peter Menkes, president of the commercial/industrial division, in a statement. “We are so pleased to have WPP, a global leader in communications as the building’s anchor tenant.”

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