Oxford Properties Group has unveiled plans to develop the Ernst & Young Tower, a new 900,000-square-foot, 40-storey, triple-A office tower in downtown Toronto.
The development, which will be built to achieve LEED (Leadership in Energy and Environmental Design) platinum certification, is slated for completion in June 2017. It is currently 45 per cent pre-leased. Ernst & Young will be the lead tenant in the building. Another major tenant will be TMX Group.
Located at 100 Adelaide St. W., between Bay and York Streets, Ernst & Young Tower is being designed by world-renowned architects Kohn Pederson Fox Associates and locally based WZMH Architects. It will form part of Oxford’s full block Richmond Adelaide Centre mixed-use complex.
The building will incorporate modern workplace designs to enable collaboration, as well as smart technology and productivity tools to help bring out the best in its occupants. The latest techniques in construction and design will be used to ensure a high-quality, energy and cost-efficient environment. The skyscraper will feature multiple outdoor spaces, including a 5,000-square-foot terrace on the sixth floor, high-performance building envelope and mechanical systems, on-demand fresh air, daylight and motion sensors, state-of-the-art lighting controls, bicycle storage, change rooms, showers and electric car parking.
Further, the office tower will feature 28,000-square-foot floor plates on the five-storey podium and a 23,500-square-foot typical floor plate. Floor-to-ceiling windows and 9-foot 6-inch ceiling heights will showcase 360-degree views of Toronto’s downtown skyline.
At the ground level, the building will retain the historic “concourse building” façade, including the mosaics designed by Group of Seven artist, J.E.H. MacDonald. A modern new entrance and public space will be added to the building.
The leases at the building represent Oxford’s first official use of a “green lease,” which incorporates commitments on how the building is to be occupied, operated and managed in a sustainable way. The green lease ensures the building and its occupants are committed long-term to the highest standards of sustainability.
