QUADREAL.COM
RICH IN TRADITION, FOCUSED ON THE FUTURE.
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TABLE OF CONTENTS
2 HERITAGE
10 COMMUNITY
18 MANAGEMENT
20 TRANSFORMATION
24 OPPORTUNITY
DID YOU KNOW? There are 16 Giants of Jordan heads located on each side of Commerce Court North’s 32nd floor Observation Deck. The North Tower of Commerce Court, also known as 25 King West, Overlooking the city and above the street that inspired their name, the heads were sculpted is a story about optimism and the power of an edifice to impart faith in the to represent courage, observation, foresight and enterprise. future. From its gold leaf, to the stories carved into and painted on its walls, here’s a building that owns its own story – past and future.
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HERITAGE
SHAPED BY THE PAST
A transformation takes shape. One that opens up a new lease on life for the legendary Commerce Court North and its prestigious address of 25 King West. The keystone of today’s Commerce Court, 25 King West tells a story of aspiration, prosperity, industry, integrity, and of a progressive future where an iconic building, modernized workplaces and urban culture come together to create a remarkable leasing opportunity.
Be part of it.
DID YOU KNOW? The cornerstone of this ambitious 141 metre tall limestone building was laid just August 11, 1930: His Majesty’s R100 Airship over the soon to be opened headquarters of the two days after the stock market crash of October 29, 1929. Constructed between 1929 – 1932, Canadian Bank of Commerce. The building itself opened on January 13, 1931, in time for the 25 King West cost over $8 million to build – or well over $85 million in today’s dollars. bank’s annual shareholder’s meeting.
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Despite the ornate nature of the building, construction of the North Tower took only two years. There were 750 artisans and builders employed in its construction.
Installed in 1972, Commerce Court’s fountain and its surrounding courtyard has long been a destination for visitors and tenants alike.
THE FINANCIAL DISTRICT RISES In the late 19th Century, Toronto’s Financial District was a medley of small regional and local banks. In 1926, the Canadian Bank of Commerce decided to replace their modest seven-storey head office with something more impressive: 25 King West.
Launched in 1931 with a height of an unprecedented 32-storeys (141 meters), 25 King West gained prestige as Canada’s tallest building. Despite launching in the The iconic sculptures known as the Giants of Jordan, created As the tallest building in the British Empire and Toronto’s height of the Depression, the building a unique visual experience for visitors, as did the promise first “skyscraper”, the North Tower drew crowds to its represented Canada’s growing optimism and that you could look out over a distance of 48 miles. 32nd floor Observation Gallery. the Financial District’s global significance.
Dominating the skyline for over 30 years, the height and opulence of the North Tower represented the area’s growing importance as a financial centre.
While the building revolutionized the architectural landscape of the Financial District, the craftsmanship of the era prevailed as evident in the artistically coffered gold lobby ceiling.
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BECOMING COMMERCE COURT
In the 70s the Art Deco North Tower was joined by I.M. Pei’s West, South and East towers and connecting them all was the Financial District’s first urban plaza. A sunny lunch spot for workers, the Courtyard quickly became a tourist destination where one could view the various architectural styles surrounding this unique public realm. Decades later it remains a gathering spot for people-watching, networking and lunch!
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Changing styles. By the mid-20th century the elegance of the Banking Hall remained pristine, while providing a modern environment to conduct business.
DID YOU KNOW? Modelled after the Baths of Caracella in Rome, the Banking Hall’s ceiling is 65 feet at the apex. Painted a pale azure, 715 ounces of gold leaf was used to create the surrounding mouldings.
Banking has always celebrated the industries it invested in and the lifestyles of the time. To this end the British Loyalist murals of the North Tower. On the left “Travel Today: A Monster Steam Engine of 1930” depicting a family (dog in tow) arriving at a station.
With CIBC as the North Tower’s long time tenant, there’s a nod to the bank’s past everywhere on the ground floor – including artwork depicting its past Chairmen.
ADAPTING TO CHANGE The dynamic architecture of 25 King West has remained a constant throughout its history. The sculptures, Art Deco details and grace of its interiors have remained as pillars of heritage, while its modernized workspaces and superior technological infrastructure reaffirms 25 King West as a leader.
With its elegant arched doorways, chandeliers An aerial view of the North Tower taken in the and gold-coffered ceiling, CIBC’s Banking Hall late 1970s. Although no longer the tallest tower, its Art was not only elegant, but spoke to the bank’s Deco architecture remains an icon of Toronto’s skyline. wealth and prosperity. Look closely at the top of the chandelier and you can see the four words representing CIBC’s brand pillars of the time: Prudence, Commerce, Industry and Integrity.
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COMMUNITY
IN GREAT COMPANY
Today the area of King and Bay represents a “power block” dominated by Canada’s big five banks: CIBC, Royal Bank, Toronto Dominion, Bank of Montreal and Scotiabank. A financial hive where proximity to high profile corporations and the Toronto Stock Exchange, has attracted a broad range of blue chip businesses related to the financial industry including wealth management, insurance and several of Canada’s most prominent accounting and law firms. Commerce Court is a community where prestige is implicit in the address.
DID YOU KNOW? Blake, Cassels & Graydon LLP (Blakes) – a leading Canadian business law firm providing legal services ByHis the Majesty’s mid-20th Airship Century, over Commerce the Canadian Court Bank and of the commerce, to Canadian and international businesses – was the first tenant (excluding CIBC) Financialthe tallest District building experienced in the British a boom Empire, of high-rise August 11, towers, 1930. to occupy a full floor at 25 King West. each one adding to the importance and prestige of Commerce Court and the entire Financial District.
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Map of Commerce Court within COMMERCE COURT AND THE Toronto’s downtown core. FINANCIAL DISTRICT QUEEN ST E The convenience and ease of Commerce Court belongs to its design. More than just a place of business, Commerce Court is a RICHMOND ST E YONGE ST YORK ST holistically designed hub in which business, BAY ST retail and urban lifestyles all intertwine.
• Heart of downtown Toronto ADELAIDE ST W ADELAIDE ST E • A global financial hub • A monument to 20th Century architecture
• Over 30,000 visitors daily CHURCH ST • Over 50 food and service retailers KING ST W CCN CCW
UNIVERSITY AVE
HOTEL CCE VICTORIA CCS WELLINGTON ST W WELLINGTON ST E
FRONT ST
UNION STATION N
25 King West’s courtyard and fountain is a favourite gathering place for the city’s movers and shakers; where lunch, coffee or simply conversation is set against a backdrop of urban sophistication. FREELAND ST COOPER ST The largest of Commerce Court’s four buildings, Commerce Court West, was GARDINER EXPRESSWAYdesigned by I.M. Pei in the modernist tradition. Commerce Court’s prime asset is its perfect location: right in the heart of the financial core.
HARBOUR ST
QUEENS QUAY W
HARBOUR SQUARE PARK
To the south, an elegant and architecturally important neighbour – Mies van der Rohe’s TD Tower complex.
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PEOPLE POWER PRESTIGE POTENTIAL
As a public realm, Commerce Court’s fame is enhanced by its public art. Perhaps the most dynamic is Derrick Stephan Hudson’s massive bronze sculpture of Tembo leading her two baby elephants to water at the courtyard’s fountain.
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TTC streetcars which are Toronto’s iconic For morning coffee on the people movers, can be caught right outside run, and casual meetings 25 King West’s door, encouraging car-free with a spot of java, commutes while eliminating the hassles of Commerce Court’s Dineen inner city driving. Regional buses and trains to Coffee Co. is centrally neighbouring towns are just a quick walk away located in Commerce Court’s at nearby Union Station. West Lobby.
King Subway Station is just an escalator ride away. Enjoy drinks after work at Walrus Pub & Beer Hall. Where fitness is found – right by your workplace at Equinox. Look no further for a lunch spot – great choices are all here.
COMMERCE COURT LIFE A singular location in downtown Toronto where modern life is played out in one dynamic location. Work here. Eat here. Shop here. Play here.
• SHOP Lunchtime shopping, post-work • THE VIBE As the mainstay of the browsing, or essential purchases; the retail Financial District, Commerce Court concourse at Commerce Court is a one exemplifies the bright lights, big city vibe stop shop to meet all needs. that lies at the heart of all the world’s key • EAT Breakfast, lunch, dinner, coffee or financial centres. post-work drinks! No need to leave the • WELLNESS Home to top-rated medical complex as the Commerce Court Food clinics and luxury fitness club, Equinox, Court offers many savory options. Commerce Court offers the best in fitness • MOVE The hustle and bustle of big city and wellness facilities directly onsite. The life is facilitated by Commerce Court’s complex also hosts a variety of seminars direct access to the PATH and close and classes including yoga, Pilates and proximity to Union Station – Toronto’s key meditation, exclusively for tenants. transit hub. The Concourse Level at Commerce • PARTICIPATE Music, art, culture, fitness Court conveniently links shops, and wellness; Commerce Court delivers a office towers and amenities both above and underground. curated year-round program of events for the enjoyment of tenants, visitors and the greater community.
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MANAGEMENT
QUADREAL PROPERTY GROUP
QuadReal Property Group, 25 King West’s property manager, is one of Canada’s most distinguished. Headquartered in Vancouver, B.C., QuadReal is a new company with deep roots. Built from consolidating the assets and expertise of four seasoned players in the Canadian real estate investment and management industry, QuadReal is an independent organization focused on managing and growing BCI’s portfolio of over $24 billion in real estate assets. QuadReal’s corporate aim is to deliver prudent growth, strong, risk-adjusted investment returns and to create and sustain places that bring value to everyone.
QUADREAL AT A GLANCE OWNED BY BRITISH COLUMBIA INVESTMENT MANAGEMENT CORPORATION (BCI) $27.4 BILLION PORTFOLIO 23 GLOBAL CITIES 17 COUNTRIES 40 MILLION SQ. FT. OF COMMERCIAL REAL ESTATE 12,000 RESIDENTIAL RENTAL SUITES
DID YOU KNOW? Always ahead of the pack… WhileHis Majesty’sQuadReal’s Airship Commerce over the Court Canadian embraces Bank the of commerce,old and the new, The North Tower was the first building in Canada to offer its tenants in theterms tallest of management building in the it hasBritish always Empire, delivered August the 11, future. 1930. chilled and treated drinking water on every floor.
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TRANSFORMATION
FUTURE FOCUSED
A building transformed. Modern workplaces created. All within the envelope of a building, which from its launch until now, has always stood out for keeping ahead of the times. With its iconic address, fusing heritage with advanced workplaces, 25 King West is integrated and collaborative, delivering distinguished technological infrastructure and best-in-class connectivity to its tenants. The building is also energy efficient, environmentally friendly and retrofitted with contemporary sensibilities in mind, opening the door to a dynamic workplace and future.
DID YOU KNOW? The North Tower’s Courtyard entrance to the Banking Hall was intended mainly TheHis space Majesty’s you want, Airship tailored over the to yourCanadian professional Bank of needs,commerce, in one of for the use of stockbrokers. In homage it has carved granite capitals with bulls, Toronto’sthe tallest most building inspiring in the heritage British buildings.Empire, August 11, 1930. bears and a stock ticker between them.
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Photo selection for mood and inspiration purposes only 25 KING WEST • COMMERCE COURT QUADREAL.COM
PRESTIGIOUS PAST MEETS HIGH-TECH FUTURE
25 REASONS TO CHOOSE 25 KING WEST
1. LOCATION: At the very heart of a 6. TALENT: Access to a highly- 10. WELLNESS: Complimentary 14. EXCLUSIVITY: Rarely offered 18. FITNESS: Home to luxury 22. DRIVEABILITY: Quick access to global financial and economic hub. educated, forward-thinking onsite wellness seminars for opportunity to be located in a fitness club Equinox, along with major roads and highways with workforce. all tenants. Heritage office tower. numerous other clubs within 555 total parking stalls. 2. PRESTIGE: An address and the district. building of distinction to elevate 7. AMENITIES: Tenant bicycle 11. PROGRAMMING: Robust 15. GASTRONOMY: Critically 23. ENTERTAINMENT: Steps to your brand. storage, showers and other year-long, tenant engagement acclaimed food outlets 19. RETAIL: Wide array of retail Toronto’s entertainment district amenities to attract and program that includes music in within and surrounding shops and services at the for after work enjoyment. 3. MANAGEMENT: Experienced retain talent. the courtyard, complimentary Commerce Court. concourse level. and responsive tenant services fitness classes and much more. 24. SAFETY: State-of-the-art fire on site and online. 8. TRANSIT: Underground 16. ACCOLADES: Building has 20. SECURITY: 24-hour security prevention, detection and connection to subway and 12. WALKABILITY: Above and achieved extensive industry on site with controlled extinguishing systems. 4. VALUE: Competitive base, regional trains, with streetcar underground walking paths to awards for the highest building access. additional and gross-up access right outside. major downtown points standards. 25. LIVING: Constant supply of rental rates. of interest. 21. VIEWS: Beautiful lake and city nearby condominium and 9. CONNECTIVITY: Best-in- 17. RESOURCES: Surrounded by views throughout. apartment suites for purchase 5. FLEXIBILTY: Customizable class telecommunication 13. ACCESSIBILITY: Barrier free information resources including or lease. leasable space for your infrastructure with robust environment for tenants and Universities, Innovation Hubs & unique needs. connectivity. visitors. Libraries.
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A building fashioned from the world’s finest OPPORTUNITY materials and brought to life by craftsmanship from another era that still shines today. This is a marble detail spotted in the Elevator Lobby.
FAST FACTS
ABOUT 25 KING WEST LOCATION BUILDING AWARDS TECHNOLOGY Architect: (USA) York and Sawyer. (Canada) Pearson Bordered between Bay on the west and Yonge Street BOMA BEST Gold Level Certified • With the high-speed and robust connectivity and Darling Architects on the east, and on the north east corner of BOMA 360 Designation needs of our tenants in mind, a best-in-class digital Year Launched: 1931 Commerce Court RCO Waste Reduction Gold Awards infrastructure was designed and installed, and is Architectural Style: Art Deco (Beaux Arts) BOMA Toronto Certificate of Excellence maintained by Canada’s top telecom providers. COMMERCE COURT COMMUNITY Building Profile: 32-storeys, 245,000 sq. ft. • Commerce Court achieves Platinum Wired Size: 4-acres at King and Bay SUSTAINABILITY HIGHLIGHTS Certification, the highest international distinction Building Exterior Finishes: Limestone Constructed: Built from 1931 – 1972 • Diversion rate of 80% (percent of materials recycled, for superior technological infrastructure in Project Owner: Commerce Court is owned by British Anchor Tenant: CIBC, Stikeman Elliott LLP, reused and composted) achieved in 2017 office buildings. Columbia Investment Management Corporation (BCI) Blake, Cassels & Graydon LLP (Blakes), • From 2010 to 2016, 9.4 million kilowatt hours Property Manager: QuadReal Property Group B2B Bank reduction in electricity, and over 3.8 million EMPLOYEE WELLNESS Retail Concourse (PATH): equivalent kilowatt hours reduction of energy for • Tenant-only wellness seminars and access to THE DETAILS Over 50 shops, restaurants and services heating and cooling was achieved fitness classes in partnership with Equinox Number of Floors in Total: 32 • Property-dedicated Sustainability Manager • Healthy and delicious options in the Commerce Square Feet of Space Available: 63,200 sq. ft. PATH COMMUNITY • Connected to Deep Lake Water Cooling System Court Food Court Available Floors: 9 • A walk/bike to work location that encourages Length: Approximately 30 kilometers in the • High-efficiency heat recovery chillers and heat fitness on the go Full Floors: 6 downtown core, connecting the financial and exchange steam distribution system entertainment districts • Lunch time and after-work event programming Size Range: 1,931 sq. ft. – 7,202 sq. ft. • Tenant and base building equipment is Foot Traffic: Over 200,000 daily involving local artists and performers Part Floors: 3 fully submetered Connected to: 6 subway stations, Union Station, Ceiling Height Typical Floor: 9 to 11 feet • Energy and water performance is managed in 75 buildings including tourist and entertainment Parking Levels: 3 real time to ensure efficiency in operations attractions Parking: 555 stalls Retail Stores & Services: 1,200 • Vacant tenant suites upgraded to include Bicycle Parking: Capacity for 110 bicycles with LED lighting retrofit new shower facilities TRANSPORTATION • Secure indoor bicycle parking facilities Public Transit: Direct connection to the TTC, Bike: City of Toronto Bike Share (tenants only) King Street and one block north of Union Station Local and Transit: TTC GTA Wide Transit: GO (train/bus) Rail Links: Via Rail, YYZ link – the UP Express Air: Billy Bishop, YYZ
25 King West is not only part of the city’s architectural history but is also proudly Canadian – as seen in many of the details around the Lobby as well as in the maple leaf detail here. HEALTHY WORKPLACES
AIR QUALITY MERV 13 AIR AIR QUALITY ASHRAE HOUSEKEEPING Comfort and acoustics FILTERS AUDITS Comfort is managed in Green cleaning practices are closely monitored Use of MERV 13 air filters Third-party air quality accordance to building (non-toxic products), to ensure workplace (LEED approved). audits are conducted industry standards re‑usable micro-fiber satisfaction. semi-annually. (ASHRAE standard). clothes/energy efficient vacuums.
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EASY CONNECTIONS BY FOOT, TRANSIT, BIKE AND CAR
25 King West is on track to be one of the most commuter-friendly buildings in the city.
10 MIN 30 MIN TO 407 20 MIN TO 401 BIKE RIDE
STREET CARS DUNDAS ST W DUNDAS ST W DUNDAS ST W DUNDAS ST W
2-5 MIN BIKE RIDE JARVIS JARVIS JARVIS JARVIS YONGE ST YONGE CHURCH ST SHURBOURN ST ST YONGE CHURCH ST SHURBOURN ST ST YONGE CHURCH ST SHURBOURN ST ST YONGE CHURCH ST SHURBOURN ST SUBWAY LINE SUBWAY BEVERLEY ST BEVERLEY ST BEVERLEY ST BEVERLEY ST SPADINA AVE SPADINA AVE SPADINA AVE SPADINA AVE SPADINA
STREET CARS UNIVERSITY AVE 10 MIN UNIVERSITY AVE UNIVERSITY AVE UNIVERSITY AVE QUEEN ST W WALK QUEEN ST W QUEEN ST W QUEEN ST W RICHMOND ST W RICHMOND ST W RICHMOND ST W RICHMOND ST W
ADELAIDE ST W 5 MIN ADELAIDE ST W ADELAIDE ST W ADELAIDE ST W WALK STREET CARS 25 MIN TO KING ST W KING ST W KING ST W TORONTO PEARSON KING ST W INTERNATIONAL 10 MIN TO DVP AIRPORT BAY ST BAY ST BAY ST BAY ST BAY YORK ST YORK ST YORK ST YORK ST YORK WELLINTON ST W WELLINTON ST W WELLINTON ST W WELLINTON ST W
FRONT ST W FRONT ST W FRONT ST W FRONT ST W CN TOWER THE ESPLANADE CN TOWER THE ESPLANADE CN TOWER THE ESPLANADE CN TOWER THE ESPLANADE UNION UNION UNION UNION ROGERS STATION ROGERS STATION ROGERS STATION ROGERS STATION CENTRE CENTRE CENTRE CENTRE AIR CANADA AIR CANADA AIR CANADA AIR CANADA BREMNER BLVD CENTRE BREMNER BLVD CENTRE BREMNER BLVD CENTRE BREMNER BLVD CENTRE
GARDINER EXPY GARDINER EXPY GARDINER EXPY GARDINER EXPY
STREET CARS 10 MIN TO BILLY BISHOP AIRPORT N N N N
CONNECTED BY TRANSIT CONNECTED BY THE PATH CONNECTED BY BIKE CONNECTED BY CAR OR AIR 25 King West is situated minutes away from all public transit opportunities The Path provides the perfect all-weather route to everywhere along with Eco-conscious commuters will opt for Toronto’s ever-expanding cycling Arriving at YYZ? Commuting by car? 25 King West is easily accessible from including: GO Transit (buses and trains at Union Station), main TTC routes the ability to grab a coffee or lunch. The perfect link that takes you from work infrastructure comprised of dedicated bike lanes, contra-flow lands and trails. the Gardiner Expressway, Don Valley Parkway and all major downtown roads, (including streetcars) and the north/south TTC subway Line 1. There’s also the to many of downtown’s key entertainment and retail destinations. In tandem they provide the opportunity to pedal to work from any direction. making travel by car an option. YYZ connection (UP Express), available from nearby Union Station. Additionally, Bike Share stations are widely available throughout downtown for an annual membership or daily charge.
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CLASSIC CITY VIEWS STACKING PLAN
NORTH
FLOOR 24 6,075 SF (MARKETING SUITE) FLOOR 23 6,108 SF
FLOOR 21 5,205 SF FLOOR 20 7,186 SF FLOOR 19 7,198 SF
SOUTH
FLOOR 17 7,202 SF
LEGEND
FLOOR 15 7,173 SF Occupied Spaces
Available Spaces
Concourse Level
Parking Level
FLOOR 10 6,631 SF WEST
EAST
DIRECT PATH ACCESS
CONCOURSE LEVEL RETAIL + KING SUBWAY STATION
PARKING LEVEL 1
PARKING LEVEL 2
PARKING LEVEL 3
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FEASIBILITY PLAN #1 FINANCIAL SERVICES / INVESTMENT BROKERAGE
PRIVATE OFFICE BOARD ROOM
STORAGE VESTIBULE FIRE ALARM EQUIPMENT/ MEETING ROOM PRINTER
ELECTRICAL ROOM
CANTEEN
ELEVATOR LOBBY
PHONE BOOTH
RECEPTION PHONE BOOTH SPRINKLER VESTIBULE ROOM
Geared for the future of financial services and the digital communities they serve, FINANCIAL SERVICES/INVESTMENT BROKERAGE Usable Area: 5,590 SF today’s fast-paced world of financial and brokerage services will find themselves at home in Number of Occupants: 29 PERSONS 25 King West. With allied professions around them, here’s a place to take root, and design the perfect 192 USF PER PERSON modern workspace – one that provides collaborative spaces, cubicles, as well as conference and social spaces. And of course, King West’s own Creative Services are available to help tailor your new workspace to your needs.
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FEASIBILITY PLAN #2 LAW FIRM
PRIVATE OFFICE
BOARD ROOM
STORAGE FIRE ALARM EQUIPMENT/ PRINTER
PHONE BOOTH
ELECTRICAL ROOM
CANTEEN
MEETING ROOM
ELEVATOR LOBBY RECEPTION
FILING
VESTIBULE SPRINKLER ROOM LIBRARY/STORAGE
A prestigious address to elevate your law firm. LAW FIRM Usable Area: 5,590 SF The flexible office spaces of 25 King West can be optimized for employee comfort, collaboration and Number of Occupants: 18 PERSONS privacy, while the historic opulence of the building is sure to resonate with your clients. 310 USF PER PERSON
32 33 Renderings are artist’s concept. Furniture is displayed for illustration purposes only. E.&O.E. 25 KING WEST • COMMERCE COURT QUADREAL.COM
FEASIBILITY PLAN #3 TECHNOLOGY INDUSTRY
BOARD ROOM
BREAKOUT
EQUIPMENT/ STORAGE FIRE ALARM PRINTER BF W/R
LOUNGE ELECTRICAL ROOM CANTEEN
ELEVATOR LOBBY MEETING ROOM
RECEPTION
MEETING ROOM
SPRINKLER VESTIBULE ROOM
WORKSPACE WORKSPACE PHONE BOOTH
BREAKOUT
Toronto is quickly emerging as a global leader in numerous technology sectors, especially TECHNOLOGY INDUSTRY Usable Area: 5,590 SF Artificial Intelligence. Surrounded by innovation hubs and technology incubators, 25 King West is Number of Occupants: 56 PERSONS at the centre of it all. The building itself has been upgraded with the best in technology 100 USF PER PERSON infrastructure and connectivity. Define the future at 25 King West.
34 35 Renderings are artist’s concept. Furniture is displayed for illustration purposes only. E.&O.E. 25 KING WEST • COMMERCE COURT QUADREAL.COM
CONTACT
A RARE OPPORTUNITY TO BECOME PART OF 25 KING WEST’S GLORIOUS AND ONGOING HISTORY.
As the iconic 25 King West opens its doors to new opportunities and tenants, be first to discover all the possibilities now available in our full and part-floor office spaces.
For further information on this exclusive leasing opportunity please contact:
JENNIFER BALCERAK VICE PRESIDENT, LEASING / SALES REPRESENTATIVE OFFICE: 416 673 7490 EMAIL: [email protected]
KATE LABRASH MANAGER, LEASING / SALES REPRESENTATIVE OFFICE: 416 673 7491 EMAIL: [email protected]
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All Information contained in this file is private and confidential. Renderings and Information are not to be duplicated or distributed. Renderings are artist’s concept only. Maps are not to scale. Information and specifications subject to change. E.&O.E.