Oxford Properties Group has announced plans to develop an office tower in the heart of downtown Toronto. The Ernst & Young Tower will offer 900,000 sq ft of space to tenants and will be a Class AAA, LEED Platinum skyscraper.
Ernst & Young, an international leader in tax, transaction and advisory services, will be the primary tenant on the property, which is currently 45 per cent pre-let. TMX Group is another major tenant.
The new office tower will be built at 100 Adelaide Street W, between Bay and York Streets. It will form part of Oxford Properties’ Richmond Adelaide Centre mixed-use complex, which takes up a full block.
Blake Hutcheson, the president and CEO of Oxford Properties, said, “Oxford creates exceptional workplaces for high-performing organisations.
“Working closely with Ernst & Young and TMX Group, we are helping to create today’s state of the art knowledge workplace at 100 Adelaide West.
“This LEED Platinum building is another example of Oxford’s leading sustainability program and of our world class development program in Canada, the U.S. and the U.K.
“We are excited to work with both Ernst & Young and TMX Group, and to be building what will be one of our city’s most enduring office towers.”
The tower was designed by the architectural firm of Kohn Pederson Fox and WZMH Architects, a locally based enterprise.
The building will use smart technology and productivity tools to create a high quality and cost-efficient environment. Its features will include on-demand fresh air, changing rooms, showers, electric car parking, and bicycle storage. The tower will also have 9’6″ ceilings and floor-to-ceiling windows.
The 40 storey building is scheduled for completion in June 2017.
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