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Old Posted Dec 3, 2022, 2:28 AM
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Maldive Maldive is offline
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East Harbour | 214.2m | 65s | Cadillac Fairview | Adamson l Demolition Permit (Phase 1 office tower)

Somewhat suprisingly, Cadillac Fairview has just filed for a demolition permit (multiple buildings on site including the “Soap Factory”) for a “non-residential” building.

The downtown office vacancy rate is estimated around 10% (lower for AAA office space) and no anchor tenant information so far, but wondering if Cadillac Fairview is moving forward “on spec” given the long lead times from demo to construction (years of possible commercial demand recovery?).

There’s also a major transit hub planned here for GO Transit and the new Ontario Line Subway.

Below, the first office tower (site plan submitted) is called “1B” designed by KPF Architects, @ 44-storeys and 217.95 metres tall with a brass-coloured exoskeleton.



UT

The entire East Harbour masterplan consists of 15 office and residential towers @ 23 to 65 storeys.


UT
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