/
1x
Advertisement
Proudly Canadian, obsessively Toronto. Subscribe to Toronto Life!
Real Estate News

Office tower gossip: another mega-building could be coming to the financial district

By Monika Warzecha
Copy link

With Toronto’s commercial real estate market on a serious roll, there are whispers about another tower planned for the downtown core. Oxford Properties Group (the company behind the TD Canada Trust tower, among other local skyscrapers) recently gave termination notices to tenants at 100 Adelaide West—potentially a sign the company will go ahead with plans for a giant 900,000-square-foot building there. Oxford is already working on RBC WaterPark Place, a 930,000-square-foot development in the waterfront office zone, but real estate watchers say the company wouldn’t be poaching tenants from itself because the lakefront and the financial district are, in essence, two sub markets. If Oxford can sign a lead tenant (OMERS is reportedly interested), then this development is likely a go. [Financial Post]

NEVER MISS A TORONTO LIFE STORY

Sign up for This City, our free newsletter about everything that matters right now in Toronto politics, sports, business, culture, society and more.

By signing up, you agree to our terms of use and privacy policy.
You may unsubscribe at any time.

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Advertisement
Advertisement

The Latest

How this Corktown condo transformed from an everyday unit into a chic sanctuary
Real Estate News

How this Corktown condo transformed from an everyday unit into a chic sanctuary

Inside the Latest Issue

The June issue of Toronto Life features our annual ranking of the best new restaurants. Plus, our obsessive coverage of everything that matters now in the city.