Tuesday, March 6, 2018 -
DataBid is currently reporting on Oxford Properties new 1.4-million-square-foot high rise office tower located at Bay & Harbour Streets in Toronto’s South Core neighbourhood.
Design Development is underway, pending Zoning approvals and is projected to be 136,405 m2 and stand at 60 stories tall.
The HUB, as it is called, was named for its proximity to the Harbour, Union Station and Bay Street
DataBid has confirmed that Toronto based Adamson Associates Architects is the Architect of Record.
According to urbantoronto.ca "If a tower of this height existed in Toronto now, it would stand as Toronto's second tallest building as measured by roof height, and would rank just shy of the top 10 when factoring in other tall proposed and under-construction projects across the city."
Completion is targeted for 2023.
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Oxford Properties is one of the world’s leading real estate investment, development and management companies. Established in 1960, it manages more than $40 billion of real estate assets on behalf of its co-owners and investment partners, with a global portfolio spanning over 60 million square feet.
Oxford is the global real estate arm of OMERS, the defined benefit pension plan for Ontario’s municipal employees.
CPPIB is a professional investment management organization that invests the funds not needed by the Canada Pension Plan (CPP) to pay current benefits on behalf of 20 million contributors and beneficiaries. It invests in public equities, private equities, real estate, infrastructure and fixed income instruments.
Headquartered in Toronto, it has offices in Hong Kong, London, Luxembourg, Mumbai, New York City, Sao Paulo and Sydney. As of Sept. 30, 2017, the CPP Fund totalled $328.2 billion.
