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  #561  
Old Posted Jul 22, 2012, 3:14 AM
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Originally Posted by Martin Mtl View Post
Oups. I stand corrected. So the initial design, was it by PKF ? And why did they changed it ?

Actually Bay-Adelaide Centre East and 100 Adelaide West are two totally distinct projects about a couple blocks from each other.


In the following picture, Bay-Adelaide Centre West is on the right. It was by WZMH Architects, completed in 2009, and is now KPMG headquarters. The shorter tower on the left is Bay-Adelaide Centre East. It's starting construction in the fall, is by KPMB Architects and Adamson Associates, and will be the new headquarters for Deloitte:


http://urbantoronto.ca/database/proj...delaide-centre



100 Adelaide West, by Kohn Pedersen Fox, will be a couple blocks to the west, appearing to the right of the photo above. It has yet to secure a lead tenant, but given that they've already started evicting tenants in the existing building, construction is probably not too far off:



http://www.oxfordbigblocks.com/build...g=100-adelaide


In the photo above, you can see the west-facing side of Bay-Adelaide Centre West.

Once both towers have gone up, the north side of Adelaide Street will have a very imposing streetwall, since Shangri-La is also on the north side of Adelaide (albeit a few blocks west).
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  #562  
Old Posted Jul 22, 2012, 3:26 AM
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Originally Posted by Ramako View Post
100 Adelaide West, by Kohn Pedersen Fox, will be a couple blocks to the west, appearing to the right of the photo above. It has yet to secure a lead tenant, but given that they've already started evicting tenants in the existing building, construction is probably not too far off:
When they touched up the exterior of the existing building I thought for sure it was 30 years away. I look forward to excavation.
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  #563  
Old Posted Jul 22, 2012, 3:31 AM
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Originally Posted by rbt View Post
When they touched up the exterior of the existing building I thought for sure it was 30 years away. I look forward to excavation.

It's not imminent, but this article from Wednesday makes it seem like it will be sooner rather than later:

Quote:
Rumours surface of new giant skyscraper in Toronto

Oxford Properties Group hasn’t even filled up the tower it’s already building in Toronto’s downtown core but talk is turning to whether the real estate company is planning another giant skyscraper.

The Financial Post has learned that the Toronto-based company gave termination notices this month to tenants at 100 Adelaide West in the financial core — a decision that gives Oxford flexibility if it decides it wants to move ahead with the building.

The proposed 900,000 square foot building has been on and off again since 1998. But with vacancy rates in the 5% range, and the downtown core now teaming with residential towers and workers who have no interest in the suburbs, industry speculation is rife that Oxford is about to pull the trigger.

“Nothing is imminent,” said Blake Hutcheson, chief executive of Oxford, which is a subsidiary of the Ontario Municipal Employee Retirement System. “The short answer is I would love to build it but I don’t know when we will.”
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  #564  
Old Posted Jul 22, 2012, 3:35 AM
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Quote:
Originally Posted by Ramako View Post
Actually Bay-Adelaide Centre East and 100 Adelaide West are two totally distinct projects about a couple blocks from each other.


In the following picture, Bay-Adelaide Centre West is on the right. It was by WZMH Architects, completed in 2009, and is now KPMG headquarters. The shorter tower on the left is Bay-Adelaide Centre East. It's starting construction in the fall, is by KPMB Architects and Adamson Associates, and will be the new headquarters for Deloitte:


http://urbantoronto.ca/database/proj...delaide-centre



100 Adelaide West, by Kohn Pedersen Fox, will be a couple blocks to the west, appearing to the right of the photo above. It has yet to secure a lead tenant, but given that they've already started evicting tenants in the existing building, construction is probably not too far off:



http://www.oxfordbigblocks.com/build...g=100-adelaide


In the photo above, you can see the west-facing side of Bay-Adelaide Centre West.

Once both towers have gone up, the north side of Adelaide Street will have a very imposing streetwall, since Shangri-La is also on the north side of Adelaide (albeit a few blocks west).
Ok, got it now. 100 Adelaide West is the beautiful one. The other if very good density filler.
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  #565  
Old Posted Jul 22, 2012, 3:51 AM
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Originally Posted by Martin Mtl View Post
Ok, got it now. 100 Adelaide West is the beautiful one. The other if very good density filler.

Here are a few more renderings from the project marketing webpage:











In that last photo, note that Shangri-La is still a hole in the ground.
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  #566  
Old Posted Jul 22, 2012, 1:44 PM
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Very nice. This tower is like a higher, more striking version of the future Deloitte Tower, also by KPF, that will be build next to Windsor station.

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  #567  
Old Posted Jul 23, 2012, 5:30 PM
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Also, where's the Trump tower from this angle? It must not have been above ground at the time?

Quote:
Originally Posted by Ramako View Post





In that last photo, note that Shangri-La is still a hole in the ground.
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  #568  
Old Posted Jul 23, 2012, 8:25 PM
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Originally Posted by Surrealplaces View Post
Also, where's the Trump tower from this angle? It must not have been above ground at the time?
Exactly. From that angle today, you'd see at least a sliver of it. There are other towers missing from that photo, but those are the biggies.
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  #569  
Old Posted Jul 31, 2012, 4:25 PM
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From the Calgary thread

Quote:
Originally Posted by Radley77 View Post
Was suprised by the flight to quality that has been happening in the commercial real estate sector in Calgary:

Downtown Vacancy Rate (Q1 2010 to Q1 2012)
Class C: 15% to 17%
Class A: 12% to 3%

Beltline Vacancy Rate (Q1 2010 to Q1 2012)
Class C: 12% to 12%
Class A: 28% to 5%

http://www.barclaystreet.com/library...ary_office.pdf
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  #570  
Old Posted Aug 8, 2012, 3:42 AM
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Corporate Rates Moving up in Toronto

http://m.thestar.com/business/articl...tudy-indicates
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  #571  
Old Posted Sep 29, 2012, 2:24 PM
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http://business.financialpost.com/20...state-markets/

Canada: One nation under two real estate markets
Garry Marr | Sep 28, 2012 9:49 PM ET

It’s all about western Canada. You take western Canada out and we would be going backwards. Canada is one nation but these days it looks like two commercial real estate markets.

There is the west where demand continues to soar, aided but a booming resource market, and then there is the east, which continues to tread water as it attempts to keep a lid on vacancies.

“It really is black and white,” said Ross Moore, national research director at CB Richard Ellis Canada, which will release its third quarter results next week showing a stark contrast between everything west of Ontario and the rest of the nation.

On the key measure of the amount of space absorbed by businesses in the third quarter — considered the ultimate barometer of demand — the west wins handily.


In the third quarter the west absorbed 621,275 square feet of space while the east was a negative 154,872. Year to date about 3.2 million square feet of demand have been absorbed out west compared to about 682,000 in the east.

The numbers are mirrored in the industrial space segment of the market. In the third quarter western Canada absorbed almost 4.5 million square feet while the east was negative 400,000. Year to date, the west has absorbed 8 million square feet of industrial space to the 2.7 million to the east.

“It’s all about western Canada. You take western Canada out and we would be going backwards,” said Mr. Moore.

He said despite the gains made out west it was probably a disappointing quarter for the overall Canadian real estate sector. “I think the message we have is we probably borrowed from the future a bit last year,” said Mr. Moore.

The top downtown office markets in the country were Waterloo, Edmonton and Montreal based on the absorption of space. Calgary was the top suburban market, and without it the entire country would have seen negative absorption in the third quarter of the year.

For the year Toronto is the only city in the country with negative overall office absorption but Mr. Moore thinks the Greater Toronto Area might make it to a flat year by the end of 2012.
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  #572  
Old Posted Oct 23, 2012, 11:00 PM
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Toronto Highrise and Skyscraper Making Machine Continues Unabated:

Toronto Office Demand Now Outstrips that of Construction


13 Million Square Feet of Office Space Required in Toronto over next 5 years.
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  #573  
Old Posted Oct 24, 2012, 2:53 PM
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13 million square feet needed in the next 5 years? Not even close. Maybe in the entire GTA but even then...

Also linking to your own blog is not a source, even if you misquote articles.

For everyone else who actually cares the article said that if everything in the pipeline gets built it would mean 13.5 million square feet would be added by 2018, not that 13 million square feet are required.

The misinformation you intentionally post to aggrandize Toronto is just astounding.
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  #574  
Old Posted Oct 24, 2012, 4:09 PM
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The National Post is Agradizning Toronto Too

TORONTO OFFICE MARKET SOARS

And

The Toronto Star is Self Agrandizing Toronto too!

Toronto Office Demand Pushes Rents Up, Vacancy Down
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  #575  
Old Posted Oct 24, 2012, 4:16 PM
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Actually the Star article is saying that the 13.5 million square feet are in the core....

Quote:
And it could be 2018 until some 13.5 million square feet of new office space is added to the core, assuming that 14 projects now in the planning or proposal stage go ahead, the report notes.
Can anybody name 14 projects? There must be a couple that we don't know about yet...
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  #576  
Old Posted Oct 24, 2012, 6:37 PM
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Originally Posted by caltrane74 View Post
The National Post is Agradizning Toronto Too

And

The Toronto Star is Self Agrandizing Toronto too!
Cal the newspapers are reporting, rightly so, that Toronto's office market is in good shape.

You took a quote that said full buildout of all projects, including proposed and planning, will mean 13.5 millioin square feet in the core and reposted it here saying that Toronto required 13.5 million square feet. That is a blatant lie.

You are deliberately posting misinformation to make Toronto seem better than it is, and your continual need to post misinformation cheapens the real boom going that is on here in Toronto and makes us look very small time and desperate for validation from others.

I really wish you would stop.
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  #577  
Old Posted Oct 25, 2012, 11:29 PM
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It's hard to gauge the office market in Toronto.There's a lot of space being freed up through the relocations to new buildings and the new spaces are built to a much higher capacity. At the same time, companies continue to hire with absolutely no space to put the people. At some point, new leases will make more sense than spending a lot more than $85,000 to squeeze eight new workstations within existing space.

Hotelling is a great option for suburban based companies in attracting young urban minded professional. (example: Desk in the 905 with the option of working remotely from a downtown location) Unfortunately, it doesn't need a lot of space.
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Excavation/shoring of a multi-level pit is stage of construction. No one in their right mind would pay all this money if the plan wasn't to fill it immediately.
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  #578  
Old Posted Nov 28, 2012, 11:50 PM
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I hope the office space demand in Calgary continues. Some updated info for Calgary's Herald Square has surfaced. They've expanded the design to make one building taller and add a second tower.

Quote:
Originally Posted by Surrealplaces View Post
So here's the deal.....

Two towers
- East tower 56 floors 247M (811Ft) making it taller than the Bow.
- West tower is 40 Floors
The design is similar to the one we've seen, but less boxy and more curvy. A large central area of glass in between the two towers.

They are very close to submitting a DP, if they haven't done so already.
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  #579  
Old Posted Jan 15, 2013, 12:19 PM
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Rumblings of action at 16 York.... at the ICE development.

Currently underway or in stages of beginning...

One York (173 meters) official groundbreaking was yesterday..
Bay Adelaide 2 (196 meters) in site prep
100 Adelaide (200 meters) construction permits filed
RBC Waterpark - construction underway
Bremner Tower - construction underway
Queen-Richmond Centre - construction / restoration underway
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  #580  
Old Posted Jan 15, 2013, 4:53 PM
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No construction permits have been filed for 100 Adelaide. That was only an application to see if the current zoning accepts a 43 storey tower.
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Excavation/shoring of a multi-level pit is stage of construction. No one in their right mind would pay all this money if the plan wasn't to fill it immediately.
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