CIBC Square Hits Development Milestone

 1 min read

CIBC Square has just hit another milestone, as the developments second tower has just broken ground. Scheduled for completion in 2024, the building will comprise of 1.5-million square feet of commercial office space. The development is headed by Ivanhoé Cambridge and Hines, with a vision to create a one-of-a-kind office experience for tenants and the community alike.

In the recent announcement, Jonathan Pearce, Ivanhoé Cambridge’s executive vice-president of leasing and development, office and industrial, North America, stated

“Phase One, 81 Bay Street has brought our vision of a city-defining office complex for human-centred services and sustainable design solutions to life, all to deliver the highest tenant experience.” 

“The second tower at 141 Bay Street, in particular, has been designed to elevate the human experience through health and wellness. The building’s green areas, spacious one-acre park, enhanced air quality and thoughtfully appointed amenities reflect a commitment to one’s health, safety and security,” said Avi Tesciuba, Hines Canada country head in the release. 

CIBC Square will redefine the office experience as Toronto approaches normalcy post-pandemic.

Learn more about CIBC Square.

Reference

Staff, Renx. (2021, March 31). Tower 2 breaks ground at CIBC Square in Toronto [Web log post]. Retrieved April 30, 2021, from https://renx.ca/tower-two-breaks-ground-at-cibc-square-in-toronto/


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