Cadillac Fairview and the Ontario Pension Board are readying to launch construction on 16 York St. in the South Core. The 879K SF, 32-storey office tower will be built on spec, a signal of strong confidence in TO’s super-hot office market. Courtesy: Cadillac FairviewCF executive vice president of development Wayne Barwise said his firm does not normally build on spec. Courtesy: Ryan Starr | BisnowAlso key, 16 York — a $479M project slated to open in June 2020 — is a block from Union Station, and will be connected to the transit hub via the PATH network. It is a good problem to have, he said, but 16 York, at the southwest corner of York and Bremner Boulevard, will enable CF to better meet its clients' expansion needs.

Source: Forbes March 09, 2017 20:14 UTC