Three-Tower Southcore Financial Centre is Coming to Downtown Toronto
August 5, 2010
Encompassing a full block in the southern part of Toronto’s downtown core from York Street to Lower Simcoe Street, the Southcore Financial Centre (SFC) will feature three distinct towers in Toronto’s emerging southcore financial district. Included will be 18 York and the soon-to-be-constructed, 30-storey, 700,000-square-foot Bremner Tower, and four-star hotel Delta Toronto.
*Photo Courtesy of CNW Group
The project is British Columbia Investment Management Corporation’s (bcIMC) newest development. The project will be developed by GWL Realty Advisors Inc. with the ground breaking scheduled this winter.
SFC will provide an enclosed pedestrian link to Union Station, the PATH network and the Metro Toronto Convention Centre. All of the towers will be connected via more than 14,000 square feet of urban forest and pedestrian walkways.
“When the full block is completed in 2014, this integrated mixed-use complex will encompass everything a forward-thinking downtown tenant should value – highly efficient office premises, convenient retail and restaurant amenities, and adjacent four-star hotel and conference facilities – all designed with state-of-the-art technologies and sustainable features,” said James Midwinter, Executive Vice President, Development, GWL Realty Advisors. “Anchored by PricewaterhouseCoopers at 18 York, Southcore Financial Centre will become a major business address in Toronto’s expanding downtown.”
The office component of the project, representing 1.4 million square feet, has been designed by KPMB Architects. Their vision has been to create architectural community between the towers while also achieving LEED Gold standards.
Standing at 45 storeys and connected to the two office towers of SFC, the new Delta Toronto is designed by Page + Steel / IBI Architects. It will feature views of the lake, downtown skyline nad CN Tower. The hotel will provide 566 ‘oversized’ guest rooms, which the company says will be larger than what is normally provided in four-star hotels, including 24 luxurious extended-stay suites for travellers who are in the city for a longer period of time. It will feature the latest in sustainable design, high-tech conference and meeting facilities, fitness and spa facilities, as well as wireless capabilities throughout the building.
“The Delta Toronto will give travellers what we know they want in a city hotel – quick access to business and entertainment districts, convenient connections with transportation hubs, and a living environment that caters to their every need,” says Hank Stackhouse, President and CEO, Delta Hotels and Resorts.
The Bremner Tower is projected to be completed by December 2013, and the Delta Toronto is slated to open in fall 2014. Eighteen York will be ready for occupancy in fall 2011.
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