• Thread starter Suicidal Gingerbread Man
  • Start date
^I think application was submitted to the city council to construct a 52 storey tower instead of 54 storey.
 
54 storeys in the thread title refers to the second phase. The 52 storeys quoted in the Building Application on the previous page refers to the first tower, which we consider 49 storeys tall. They're counting the mechanical levels in the crown which we (and most other bodies that keep skyscraper statistics) do not.

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^ thanks for the clarification. At first I thought that they chopped the building from 54 to 52 storeys.
 
ANCHOR TENANT

Canadian Imperial Bank of Commerce, Canada's fifth-biggest lender, said on Wednesday it plans to move into a new headquarters in Toronto in 2020 that will house 15,000 employees. CIBC said it has agreed to be the anchor tenant of Bay Park Center, a new 2.9 million-square-foot campus in Toronto's financial district, across from Union Station, the city's main railway station, and the Air Canada Center, home of the Toronto Raptors basketball and Toronto Maple Leafs ice hockey teams.

http://www.bnn.ca/cibc-to-move-15-000-staff-into-new-toronto-headquarters-1.722528
 
CIBC will be main tenant, construction will start this spring

Video
https://www.multivu.com/players/English/8081851-cibc-bay-park-centre/
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Oh gawd please no logos up top.

This! The logo sticks out like a sore thumb in the worst way. It would have been so much classier if it is a "stencil" on the glazing that is lit up (like those carved polycarbonte blocks).

Having said that, glad to see this going ahead. Interesting that the North Tower has a CIBC logo as well - are both phases going ahead at the same time (likely, since the 2.9M sq. ft figure)?

AoD
 
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This! The logo sticks out like a sore thumb in the worst way. It would have been so much classier if it is a "stencil" on the glazing that is lit up (like those carved polycarbonte blocks).

Having said that, glad to see this going ahead. Interesting that the North Tower has a CIBC logo as well - are both phases going ahead at the same time?

AoD

https://www.thestar.com/business/20...head-offices-to-new-bay-park-development.html

CIBC plans to move its headquarters in Toronto to a pair of office towers being built in the city's financial district a few blocks south.

The bank said in a statement that about 15,000 of its local employees will relocate from its current headquarters at Commerce Court and other locations to the new Bay Park Centre.

The centre spans two towers and totals 2.9 million square feet of which CIBC will lease up to 1.75 million square feet for its headquarters, which will include a flagship bank.

The bank said its lease agreement stipulates that Bay Park Centre will be rebranded under a CIBC name in the coming months.

The two towers are expected to be completed in 2020 and 2023, during which time some of CIBC's employees will relocate to their new space.


Spokeswoman Caroline Van Hasselt said in an email that the bank will still have a presence at its Commerce Court location, including a bank.
 

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