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Neighbourhood Watch: South Core

South Core is lively, lakefront, prized and prestigious

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South Core is lively, lakefront, prized and prestigious

If a lively and active downtown lifestyle is what you’re after, check out Toronto’s South Core. It might also help if you work in the nearby financial district, as residency in this prestigious neighbourhood has its price.

So-called for its proximity to the downtown core but, obviously south… from the railway lands to Lake Ontario, and bounded on the west by Lower Simcoe Street and on the east by Lower Jarvis Street.

Indeed, Toronto is blessed with a prized waterfront location, which in recent years has seen billions of dollars in development, from public spaces to new residences to new commercial and retail opportunities. And the South Core is a prime example of this growth.

Looking northwest from the common terrace at Menkes' Harbour Plaza.
Looking northwest from the common terrace at Menkes’ Harbour Plaza.

Sustainable and connected

Consider, for instance, the Southcore Financial Centre (SFC), a major mixeduse, sustainable complex. Designed to exceed the expectations of today’s globally connected businesses and sophisticated urban travelers, SFC comprises two striking LEED Gold certified office towers totaling 1.4 million sq. ft. and The Delta Toronto – a premium four-star, 560- room, next generation hotel.

Or One York Street by Menkes Developments, a 35-floor, 800,000- sq.-ft. Class AAA building at York and Harbour targeting LEED Platinum certification.

The sustainability and connectivity of these projects typify the redevelopment underway in the South Core. Both buildings boast direct and enclosed access to the PATH to Union Station for TTC, GO Transit the UP Express and more, and beyond through Toronto’s underground network. Within easy walking distance are landmarks such as Scotiabank Arena, the Rogers Centre, Ripley’s Aquarium of Canada, world class restaurants and the city’s Entertainment and Theatre districts.

Then there’s Maple Leaf Square, a multi-use complex and public square next to Scotiabank Arena, with a newly expanded video screen for live outdoor public broadcasts of Leaf and Raptors games, and home to Real Sports Bar & Grill, one of North America’s largest sports bars.

Residential opportunities

But the South Core isn’t all about office towers and commerce, as residential opportunities are also part of the development. New condominiums have sprouted up, along with the office towers, including Harbour Plaza by Menkes Developments, located at 88 Harbour St. and 100 Harbour St. Here, along with similar connectivity to the underground PATH, residents enjoy a 30,000-sq.-ft. health club, outdoor terrace with tanning deck and other top-drawer amenities.

Also nearby, slightly to the west at Spadina, is CityPlace by Concord Adex, one of the first major condo developments in the area.

Now that the west and central portions of the waterfront are well along in development, and you can’t go any further south into the lake, condo growth is spreading east. Menkes has Sugar Wharf Condominiums at Sugar Beach, and Tridel is building Aqualuna at Bayside, at Merchants Wharf and Queens Quay East.

And then, a little further east and perhaps a few years down the road, there’s the proposal for Sidewalk Labs, the 12-acre, smart-city site at Quayside, which is planned to include a mix of housing types, public spaces and other high tech amenities.

Location, location, location

South from the railway lands to Lake Ontario, bounded on the west by Lower Simcoe Street and on the east by Lower Jarvis Street

Key landmarks

  • Harbourfront
  • Maple Leaf Square
  • Queen’s Quay Terminal
  • Redpath Sugar Refinery
  • Ripley’s Aquarium of Canada
  • Scotiabank Arena
  • Southcore Financial Centre
  • The Power Plant Art Gallery

Select condo projects

162 Queens Quay by Empire Communities

Aqualuna at Bayside by Tridel

Harbour Plaza by Menkes Developments

One Yonge Condos by Pinnacle International

Sugar Wharf by Menkes Developments

Ten York by Tridel


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Local Focus: Oshawa & Whitby

Is Oshawa & Whitby the next hot new destination?

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Is Oshawa & Whitby the next hot new destination?

As prospective homebuyers have looked outside the Toronto core in search of more affordable lowrise homes in recent years, most of them have headed to Hamilton, Burlington, Milton and other points west.

This migration may soon change.

“The west end of the GTA has a greater diversity of communities that are attracting a diverse range of buyers,” Christopher Alexander, executive vice-president, ReMax of Ontario-Atlantic Canada, told HOMES Magazine earlier this year. “In the past 10 years, there has been significant focus on the growth and development of these regions, whereas historically, Durham has not traditionally been viewed in this same regard. With the boom in areas towards the east, like Prince Edward County, and the affordability leveling out, we will likely see the tide begin to turn.”

So, there you go, homebuyers – keep an eye on Whitby, Oshawa and other parts of Durham Region.

Economic diversity

And don’t let any potential uncertainly over General Motors Canada’s announcement late last year that it would close its Oshawa assembly plant. Oshawa, and other points in Durham, are about a lot more than one company.

“(The) employment sector in Oshawa has been shifting for some time, and Oshawa has healthily diversified to add technology, educational institutions, healthcare, administration and many professionals to its offerings of great jobs and companies in the market,” says Christian Huggett, vice-president, development, at Podium Developments. The company has a number of townhome developments in the city.

“(The GM news) not altered our plans,” he says. “We continue to believe that the outlook is bright for home sales in North Oshawa, buoyed by its proximity and relationship to schools, the 407 network, the significant growth occurring and planned for North Oshawa.”

Location just east of Toronto along Hwy. 401 is among the reasons Whitby and Oshawa draw attention. With Whitby just 59 kms from Toronto and Oshawa 62, commuting is a real option – particularly with recent GO Transit improvements and the expansion of Hwy. 407.

Durham Region Transit connects with the other cities in the region, including Pickering, Ajax, Clarington, Brock and Uxbridge. The 401 runs through the south of region, Hwy. 7 runs across its northern edge and the Hwy. 407 extension to Hwys. 35 and 115 across the top of Durham Region.

Translation? Getting to, from and around Durham is getting increasingly easy, which makes living here and working elsewhere a real possibility.

Expanding attractions

As with any growing municipality, Whitby and Oshawa also offer expanding amenity and retail options. The Oshawa Centre, for example, is the largest shopping complex in Durham and is home to more than 230 outlets. And in downtown Oshawa, of course, there’s a variety of unique shops and restaurants.

In Whitby, Pearson Lane is a historical development that houses boutiques, cafes and services.

Nature is also front and centre, as Oshawa is home to wildlife preserves such as the Pumphouse Marsh, Second Marsh and McLaughlin Bay Wildlife Reserve. Oshawa Botanical Gardens boasts North America’s largest contemporary peony collection.

In Whitby, more than 100 parks more than 60 kilometres of trails, including the Bio-Diversity Trail, the Cullen Central Park Trails, Otter Creek Trail and the Whitby Shores Waterfront Trail, await residents. The 670-acre Lynde Shores Conservation area is known for its wildlife and provides habitat for nesting birds.

Location, location, location

  • Located east of Toronto in York Region, Durham forms the east end of the GTA. Whitby 59 km from Toronto, Oshawa 62 km. Durham population 645,862; Oshawa 159,458; Whitby 128,377.

Key landmarks

  • Lynde Shores Conservation Area
  • Oshawa Botanical Gardens
  • Oshawa Centre
  • Tribute Communities Centre

Select housing developments

OSHAWA

Eastmore Village by Delpark Homes

Ironwood by Podium Developments

O North Urban Towns by Greycrest Homes

Symphony Towns by Marlin Spring

Winchester Estates by Menkes Developments

WHITBY

Park Vista by Paradise Developments

Park Vista by Fieldgate Homes

Station No. 3 by Brookfield Residential

The Hamptons at Country Lane by Heathwood Homes


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Fleur

Fleur is a beacon of fashion, art and culture

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Fleur is a beacon of fashion, art and culture

Toronto’s downtown core is vibrant, diverse and lively, appealing to a variety of people and lifestyles. With the downtown population expected to double to more than 500,000 over the next 25 years, the city is poised to continue its upward trajectory as a destination for investment.

One area in particular that’s attracting both retailers and developers alike is the City’s Garden District, located just east of Yonge, from College to Queen Street. The area has really “blossomed” over the last few years, and at the heart of it you’ll find Menkes‘ Fleur Residences.

With a Walk Score of 99 and a perfect Transit Score of 100, Fleur offers residents seamless access to the city’s premier dining, shopping and cultural destinations. In a city where traffic congestion is a growing frustration, everyone wants the luxury of living close to public transit, and Fleur is set between two major subway station stations, Queen and Dundas. In fact, the building neighbours the lively Dundas Square, a magnet for musical acts, cultural events and entertainment.

Yonge & Dundas
Yonge & Dundas

Set at the epicentre of retail and style, Fleur is every shopaholic’s dream come true. The building is located just steps away from North America’s most popular mall, CF Toronto Eaton Centre, home to world-renowned retailers such as Saks Fifth Avenue and Nordstrom. The popular tourist destination underwent a massive revitalization, and over the last several years, introduced a number of new high-end international retailers to its eclectic mix. There has been an influx of foreign retailers to the area, further confirmation of the neighbourhood’s international appeal. The east side of Yonge Street is cast with a remarkable range of independent shops, boutiques, restaurants, and cafes.

Suite Interior
Suite Interior

The sleek 32-storey tower puts you within a five-minute walk to the Elgin & Winter Garden Theatres, stacked, magnificently restored treasures, and a four-minute walk to the historic Massey Hall. Toronto consistently ranks among the top three cities in the world for live theatre.

Dining Room
Dining Room

Living at Fleur will also be a foodie’s paradise, close to some of the best cuisine the city has to offer, such as popular dining spots like Canoe, Cactus Club and Hy’s Steakhouse, all within 10 minutes of the building. Also, a short 10-minute stroll south, is Toronto’s world-famous St. Lawrence Market, where you will find an overwhelming array of fresh produce, meats, seafood, and delicacies offered by countless vendors, bakers, and artisans.

CF Toronto Eaton Centre
CF Toronto Eaton Centre

To add to the long list of things to see and do in this interesting and diverse neighbourhood, Nathan Phillips Square, at the foot of Toronto’s iconic City Hall, is also minutes away. The Square is home to some of Toronto’s best farmers markets, concerts, art exhibits, holiday celebrations, and more. In winter, the reflecting pool transforms into a public skating rink.

Co-Work Lounge
Co-Work Lounge

Close to the action on Yonge Street, yet quietly sheltered, Fleur’s tower ascends from a unique three-storey glass and stone podium. Designed by the talented local firm architectsAlliance, a subtle garden theme welcomes residents as they approach the striking tower, which much like its community, stands as a symbol of fashion and art. Inspired by the surrounding Garden District, the architects designed a stone element in the tower’s base along Church Street to imitate the monolithic stone of the neighbourhood’s nearby cathedrals.

Urban Torontonians with busy lifestyles desire a home where they can relax and unwind, but also enjoy the best the city has to offer. Fleur is unique in that it’s at the centre of the excitement of the downtown core, yet nestled in the Garden District, which also retains a more peaceful vibe.

For anyone looking for all the conveniences of downtown living wrapped into one phenomenal location, Fleur Residences is your ideal home. For more information visit the Menkes Store, located at 110 Harbour St, Unit 106, call 416.591.7700 or visit the website.


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Interview: Kimberly Sears of Menkes

A chat with Kimberly Sears of Menkes Developments

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A chat with Kimberly Sears of Menkes Developments

Kimberly Sears is director of condo rentals for Menkes Developments and oversees the company’s Rental Suite Management division.

Kimberly has a background in hospitality and more than a decade of experience in real estate investment management.

Condo Life: Menkes offers condo owners rental management services… What does that entail?

Kimberly Sears: Menkes Rental Suite Management offers a full range of landlord services to owners renting out their suites. We want to be there for our purchasers, rather than just walk away after delivery, and we noticed a real demand for landlord assistance from our purchasers.

CL: What are some of the services you offer?

KS: We offer condo owners a wide range of services, including assistance with leasing, tenant screening, accounting, insurance claims, sourcing affordable repairs and HST rebates. We also help coordinate moves. We have an online 24-hour portal with access to each unit’s accounting and statements. In some circumstances, we also help mediate difficult situations between owners and tenants, helping determine each side’s responsibility to the other.

Harbour Plaza Penthouse
Harbour Plaza Penthouse

CL: What’s the benefit to using these services over dealing directly with the tenant?

KS: Owners get the benefit of a professional and knowledgeable team overseeing their investment, like a financial planner does with an investment portfolio. We also extend full privacy so owners can remain anonymous should they choose. Owners can feel more relaxed about their investment. We’re also familiar with the trades, warranties and have access to some of the best service pricing.

CL: What are some of the biggest challenges that homeowners face when renting out their suites?

KS: Inexperience, lack of resources and time. Most people already work full time, and being a landlord is a huge commitment, so this allows condo owners to be more hands-off and enjoy what little free time they have.

Finding the right tenant can also be challenging, so we provide some guidance in that area and alert our owners of possible red flags to look out for. The Residential Tenancies Act (RTA) in Ontario is very pro tenant and rather strict on the landlord’s rights and responsibilities, so you really want to ensure you choose the right tenant.

CL: What are some of the ways to avoid or overcome these challenges?

KS: Hire a professional service. You hire an accountant to do your taxes, a hairdresser to do your hair and a mechanic to fix your car, and purchasing a home is one of life’s biggest financial investments, so it’s definitely a good idea to work with a professional. Do you really want to take a risk on such a large asset?

CL: What’s something you think people often forget to consider when renting out their suite?

KS: It’s important to be aware that your tenant is not responsible for everything, so you need to assume general wear and tear to the unit. I suggest budgeting some of your rental income for maintenance and repairs – five per cent for units less than two years old, and 10 per cent for units that are three to 10 years old.

Try not to be short-sighted or stubborn when it comes to setting rental fees. Remember that vacancy can cost you more than a lower rent.

It’s also important to note that the rental rate is not established based on your monthly payments, but off the market, which changes monthly.

CL: What’s the biggest misconception about condo investors?

KS : People assume that condo investors are foreign investors, when more often than not, this isn’t the case. In our experience, 80 per cent of our management properties are owned by Ontarians. Quite often, these individuals are the average person; someone who saved up to make their first investment purchase, teachers planning a retirement or parents investing in a place for their children.

We are so grateful that people trust us with their biggest asset and we want to make it successful for them.

Visit Menkes Rental Suite Management for more information or call 416.775.7500.


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The Eglinton

Menkes welcomes homeowners to their elegant new building at The Eglinton

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Menkes welcomes homeowners to their elegant new building at The Eglinton

Nestled in the heart of Yonge and Eglinton, one of the city’s hottest, growing neighbourhoods, residents at The Eglinton are settling into their new home, Menkes‘ recently delivered midtown project.

Actual photo, January 2019
Actual photo, January 2019

The striking 34-storey glass tower designed by Giannone Petricone Associates is set on the south side of Eglinton Ave. East, at 125 Redpath Ave., just blocks from the corner of Yonge and Eglinton.

Residents are ready to live their best lives in their vibrant new community, which already boasts some of Toronto’s best entertainment venues, gourmet restaurants, boutiques, retail services, schools and corporate head offices, offering occupants the ultimate in convenience. Transit is a top priority these days and it’s easy to get to any part of the city from the building, which is close to both the Yonge TTC subway line, as well as the Eglinton Crosstown LRT, expected to open in 2021.

Children's play room
Children’s play room

Although the neighbourhood abounds with lifestyle choices, The Eglinton offers an impressive array of amenities designed by Mike Niven Interior Design, including a state-of-the-art wireless lounge with private entertainment pods featuring Wi-Fi and high definition screens, party space with dining area and gourmet catering kitchen, billiards/games room, theatre, and fully-equipped fitness studio, with separate yoga room and change room facilities.

Dining area
Dining area

The area — once commonly referred to as Yonge & Eligible due to its popularity with young single professionals — is now one of the city’s most desirable neighbourhoods, suited to any lifestyle. Recognizing the trend toward condo family living, The Eglinton was designed with families in mind. It features a colourful 400 sq. ft. dedicated kids’ room where parents and their children can escape from their suites, to explore, play and make new friends.

Outdoor terrace
Outdoor terrace

The gorgeous interior elements are matched only by the exterior landscape design, created by NAK Design Group. The Eglinton boasts a stunning landscaped outdoor terrace, featuring a sun deck, lounge seating, barbecue facilities and an outdoor dining area, all with spectacular views overlooking the homes of Forest Hill, North Toronto, or the office towers south to the Lake.

There are currently a number of elegant suites available for purchase starting from $430,990. Layouts range from 397 sq. ft. studios to a 741 sq. ft. one-bedroom plus den. Features and finishes include laminate flooring throughout, porcelain or ceramic tile floors in the bathroom and in-suite laundry area with stacked washer and dryer. Kitchens feature custom cabinetry designed by Mike Niven Interior Design, quartz countertops with ceramic or porcelain backsplash, stainless steel under-mounted sinks with single lever faucet, and brand name appliances. The master ensuite includes a custom vanity with cultured marble top and integrated sink, as well as a soaker tub.

Intersection of Yonge and Eglinton
Intersection of Yonge and Eglinton

Menkes condo rentals

There are a limited number of rentals available, including one-bedrooms starting from $2,000 per month and two-bedrooms starting from $2,500 per month. You can also take advantage of Menkes Rental Suite Management, a service dedicated to helping homeowners secure the perfect tenants for their suites and assisting with a range of services. Click here for further information and available listings on rentals, or email.

Fitness Studio
Fitness Studio

For further information, call The Menkes Store (416.591.7700), email or visit the website.


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Midtown Toronto

Midtown Toronto – where exactly is that?

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Midtown Toronto – where exactly is that?

Mention the neighbourhood Midtown Toronto, and people generally react in one of two ways. “Where exactly is that?? – the inference being that in a growing city of this size, pinpointing where the centre is, well… difficult, to say the least.

And once realizing “Midtown” is roughly defined by Bloor Street to the south, Eglinton Avenue to the north, Bayview to the east and around Dufferin Street to the west, people often think “Old Toronto.”

And in the context of real estate, that means high-priced.

Increasingly accessible

Indeed, with neighbourhoods such as Rosedale, Forest Hill, Deer Park, Summerhill and Yonge & Eglinton, Midtown is generally affluent and exclusive. Signature detached homes in any of these areas can easily run into the multi-million-dollar range.

However, new developments coming on the scene, particularly some landmark highrise condominiums, are making the area increasingly accessible to a variety of residents.

Once commonly known as “Yonge & Eligible,” due to its popularity among young single professionals, Yonge and Eglinton is quickly becoming one of Toronto’s most desirable neighbourhoods, appealing to a variety of lifestyles.

Boasting five-star restaurants, boutiques, diverse retail services, schools and corporate head offices, residents have plenty of options for work and play right out their front door.

Crosstown traffic

If a great midtown location isn’t enough, proximity to transit is also a significant appeal of this area, being right on the Yonge Street subway line. And come 2021, moving about the city will get even easier, with the expected opening of the Eglinton Crosstown LRT.

Slightly off the beaten trail, wander over to nearby Davisville Village, Mount Pleasant Village and Forest Hill Village for a taste of what that Old Toronto was like, still with small, independent shops and nice little parkettes.

Select condo projects

The Eglinton by Menkes Developments

Y&S Condos by Tribute Communities

625 Yonge St. by Edenshaw Developments

e2 Condos by RioCan Living

2128 Yonge St. by Reserve Properties

1 Eglinton East by Davpart Inc.

Line 5 South by Reserve Properties

Location, location, location

Bloor Street to the south, Eglinton Avenue to the north, Bayview Avenue to the east and around Dufferin Street to the west

Key landmarks

  • Yonge Eglinton Centre
  • Casa Loma
  • Spadina Park
  • Forest Hill Village
  • Davisville Village
  • Mount Pleasant Village

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Menkes Sugar Wharf

Menkes’ Sugar Wharf Canada’s top selling condo in 2018

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Menkes’ Sugar Wharf Canada’s top selling condo in 2018

 

Menkes Sugar Wharf

Sugar Wharf Residences by Menkes Developments Ltd., part of the upcoming mixed-use development on Toronto’s Waterfront, was the best-selling new condominium project in Canada for 2018, according to Altus Group, a leading provider of real estate data and advisory services.

In a year where buyer confidence and sales activity downshifted, Menkes sees this is a major feat.

“We are so pleased that buyers were as passionate about this project as we are,” says Jared Menkes, executive vice-president, Highrise. “The strong response to Sugar Wharf is especially meaningful coming out of 2018, where many builders experienced a shift in market conditions. Increasingly, there has been a flight to quality by prospective homeowners, opting for brands they know and trust, and we are fortunate to be one of those brands.”

Located in East Bayfront at the northeast corner of Queens Quay East and Freeland Street, the Sugar Wharf community will encompass 11.5 acres and include luxury residences, offices, restaurants and shops, Toronto’s first vertically integrated school, and will be anchored by a new two-acre park.  Once complete, Sugar Wharf will be the largest mixed-use development on the Toronto Waterfront, home to 7,500 residents and 4,000 office workers. All buildings will be connected to Toronto’s indoor PATH pedestrian system, as the development includes plans to expand the PATH east of Yonge Street.

ALSO READ: Sugar Wharf by Menkes a well-connected waterfront community

ALSO READ: Menkes Breaks Ground on Waterfront Innovation Centre on Toronto Waterfront

The residential component of the community, designed by architectsAlliance, will include five condominium towers, varying in height from 64 to 90 storeys, and a midrise rental building. In summer 2018, Menkes launched the first two residential towers and sold 1,241 of a total 1,463 condo units (85 per cent).

According to Altus, new condominium sales fell 38 per cent from the record high in 2017, though they remain close to the 10-year average for the market. Industry experts predict new condos will remain the primary source for additional housing needed to keep up with the pace of immigration.

Construction is well underway at Sugar Wharf Residences. Excavation at the site progressed to over 40 feet below grade. Completion of the towers is slated for 2022.

The Sugar Wharf community officially broke ground in January 2018 with the first phase of the project, 100 Queens Quay East, a 25-storey office tower, featuring approximately 690,00 sq. ft. of Class AAA space. In addition to the new office building, the community will include approximately 300,000 sq. ft. of multi-level commercial retail space, including the new flagship LCBO store. Expected occupancy for the office tower is spring 2021.

 

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COVER STORY: Sugar Wharf

Sugar Wharf by Menkes a well-connected waterfront community

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Sugar Wharf by Menkes a well-connected waterfront community

Bitter winds and harsh climates are an inescapable fact of Canadian living. And when the cold is a predominate part of life, connectivity becomes a much sought-after luxury. Perhaps more than ever before, people are looking to invest in communities where everything they need comes with convenience – sans slush and cutting wind.

Enter Toronto’s indoor PATH pedestrian system – the world’s largest underground shopping complex. On cold winter days you can walk to work, do your banking, visit the doctor and even see a movie without ever having to set foot outside.

This 30-kilometre network includes 1,200 shops and services, restaurants, and endless entertainment; the epitome of convenient urban living. The PATH is truly the heart of Toronto’s financial and entertainment districts, with connections to 80 buildings, six downtown subway stations, 9 hotels and direct access to the Scotiabank Arena, Metro Toronto Convention Centre, Toronto Eaton Centre shopping centre, and CN Tower.

As Toronto continues to thrive, its global appeal is helping it attract more than 100,000 new residents per year, and many of these people want to work and live downtown. Given this rapid growth, it’s no wonder that the world’s largest underground city is about to get even bigger as well. As part of the new Sugar Wharf community by Menkes, the PATH network is set to expand east of Yonge Street, into the emerging Waterfront Innovation District.

Outdoor Terrace
Outdoor Terrace

Menkes is reimagining Toronto’s Waterfront with Sugar Wharf Condominiums, part of an 11.5-acre community that will include luxury residences, offices, restaurants and shops, a two-acre park, and new school. Once complete, Sugar Wharf will be the largest mixed-use development on the Toronto Waterfront; home to 7,500 residents and 4,000 office workers.

Party Room
Party Room

The comprehensive project aims to seamlessly connect residents and office workers to all parts of the downtown core through the PATH, adding to the 5,000 people who already work in the PATH and more than 200,000 commuters that pass through it daily. The PATH also provides access to Union Station, with connections to the TTC subway, GO Train, Via Rail, and the UP (Union Pearson) Express.

Hammock Room
Hammock Room

Residents living at Sugar Wharf on the PATH will be able to take advantage of the UP Express to travel to Pearson International Airport in a quick 25-minute ride. Traveling to your dream tropical destination during the winter months will be easier than ever before. Imagine being able to wear shorts and a t-shirt from home right up until the moment you board your flight without ever putting on your 10-pound winter jacket!

Lobby
Lobby

With Sugar Wharf’s PATH extension, it will be possible to walk indoors from the waterfront, all the way to Toronto’s world class Financial District. Equally connected to the city as it is to nature, Sugar Wharf will revolutionize how Torontonians live, work and play.

SUGAR WHARF’S WALKING HIGHLIGHTS

CIBC Square: 7 minutes

Union Station: 11 minutes

Scotiabank Arena: 13 minutes

Harbourfront Centre: 15 minutes

Jack Layton Ferry Terminal: 7 minutes

For more information visit menkes.com/sugarwharf


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menkes_sep20_2018_fi

Menkes Breaks Ground on Waterfront Innovation Centre on Toronto Waterfront

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Menkes Breaks Ground on Waterfront Innovation Centre on Toronto Waterfront

Menkes Developments Ltd. in partnership with Alcion Ventures, has broken ground on the Waterfront Innovation Centre – a new landmark office building on the Toronto waterfront.

The groundbreaking marks the first construction milestone of a 400,000-sq.-ft complex designed by architects Sweeny & Co, which will be comprised of two buildings, with three distinct but interconnected components: The Exchange, The Hive and The Nexus, a space that will serve as a public square and directly connect the two buildings.

menkes_sep20_2018_1

Located in East Bayfront, adjacent to Canada’s Sugar Beach, the Waterfront Innovation Centre anchors Toronto’s surging innovation cluster on the eastern waterfront, representing the next evolution in workplace design that helps reinvent how today’s workforce collaborates in the city’s burgeoning creative and technology sectors.

MILESTONE OCCASION

The milestone represents another step in the revitalization of Toronto’s waterfront. The complex will not only drive economic development with the creation of nearly 3,000 jobs, but also help to shape East Bayfront into a beautiful new neighbourhood where people can live, work and play.

“This is a one-of-a-kind commercial office complex that will redefine how innovative market leading companies conduct their business in our city,” says Peter Menkes, president of Menkes’ commercial/industrial division.

“The Waterfront Innovation Centre will be a cutting edge, collaborative work environment that responds to the changing needs of the workplace and the demand for high quality office space.”

Menkes has more than 60 years of history in residential and commercial development in Toronto. “It is the city we live in, we build in and we are truly passionate about,” says Menkes.

menkes_sep20_2018_2

SUGAR WHARF COMMUNITY

Among the company’s more than 25 million sq. ft. of office and industrial space in the GTA is the recently opened One York Street in Toronto’s South Core, an office building that overlooks the water and is home to the headquarters of Sun Life Financial. In addition, in January, Menkes broke ground at 100 Queens Quay, a new office tower just west of the Waterfront Innovation Centre. That project signifies the first phase of Sugar Wharf, an upcoming waterfront community on an 11.5-acre site which will be anchored by a two-acre park.

The Waterfront Innovation Centre will include cutting-edge building automation controls, under-floor air distribution, direct/indirect LED lighting, a high-performance curtain-wall system and occupancy/daylight sensors. Floor-to-ceiling glass will allow for maximum natural light penetration as well as spectacular views. The building will also generate power via a rooftop photovoltaic solar array.

“By focusing our development efforts on underutilized space, we are not only driving economic development, with a landmark building that will house nearly 3,000 jobs, but we’re also helping shape East Bayfront into a new beautiful neighbourhood,” Menkes says.

WPP, a London, England-based multinational advertising and public relations firm, will become the anchor tenant at the Innovation Centre, occupying 260,000 sq. ft. – more than 60 per cent of the building.

“The Waterfront Innovation Centre is the workplace of the future, supporting Waterfront Toronto’s mandate to make Toronto’s waterfront synonymous with innovation,” says Helen Burstyn, Chair of the Board, Waterfront Toronto. “We’re thrilled to celebrate this milestone occasion with Menkes, as it demonstrates how we’re providing the enabling conditions and infrastructure to attract private sector development that catalyzes the business and job growth necessary to make our Toronto and Ontario more competitive on a global scale.”

Expected occupancy is 2021.

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Fleur Condominium

Fleur Condominium

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Fleur Condominium

Set to be the new fashion icon on the block

While it may not be Spring, in the heart of the Garden District, the ground is ready for a rather large flower, or “Fleur” to bloom. Menkes broke ground several months back for its newest condo tower, Fleur, at Church and Shuter. And though the temperature is cooling down, construction is heating up with the installation of the crane.

Designed by the talented local team at architectsAlliance, a subtle yet well-appointed garden theme welcomes residents as they approach Fleur. Taking cues from the richness of surrounding materials, the architects have designed a stone element in the tower’s base along Church Street to echo the monolithic stone of the neighbourhood’s nearby cathedrals.

Close to the action on Yonge Street, yet quietly sheltered, the 29-storey tower ascends from a distinctive three-storey glass and stone podium.

“The Garden District is one of Toronto’s most amazing neighbourhoods,” says Jared Menkes, executive vice president of Menkes’ Residential Development. “It reflects the elegance of Old Toronto, the calm of a residential community and the vibrancy of a commercial work force, the pulse of Yonge Street, the energy of the Ryerson campus, and the peaceful serenity of Allan Gardens and Moss Park. Few other areas in Toronto encompass so much as the Garden District. It truly offers the best of everything in one neighbourhood.”

The building’s interior is designed by one of Canada’s most celebrated design firms, The Design Agency, and reflects an elegant urban retreat steeped in both cozy natural character and modern electric energy. The lobby’s doors, set amongst a tree lined window, welcome guests into a warm and inviting ambiance decorated with plush custom furniture, set beneath a grand tiered showpiece chandelier.

Fleur’s lobby has been designed to create a sense of natural elegance,” says Menkes. “Our designers have thoughtfully used a variety of textures, materials and furnishings, including a grand chandelier and floral tapestries, to create a warm and inviting sense of home.”

The building offers one, two, and three-bedroom suites, which include a chef-inspired kitchen design that is open and light-filled. Designed to appeal to every resident’s inner-foodie, the kitchen is driven by its details, created to appeal equally to a five star home chef, or a master of the microwave. The living and dining areas within the suites have been conceived to cultivate comfort. Regardless of layout or size, each unit includes beautiful and thoughtfully-considered spaces, created with comfort in mind.

Gourmet demonstration kitchen & dining area.
Gourmet demonstration kitchen & dining area.

While its kitchens and living areas may be the suite’s showpieces, the elegance and attention to detail which defines them have been carried into the bathroom(s), each which boast a range of rich materials, and luxurious finishes.

Lobby
Lobby

Amid theatres, boutiques, bars, cafes, restaurants and clubs, the area offers its own unique amenity program for residents. However, for those tired of venturing out, Fleur provides a range of in-demand, contemporary amenity spaces, including the ultimate workout setting, an intimate rooftop terrace and dining area, and a cozy lounge, and a media room designed to help residents unwind, featuring large format flat screens, wireless connectivity, arcade-style games and traditional board games for some ‘old school’ relaxation.

Rooftop terrace
Rooftop terrace

But there’s nothing else ‘old school’ about this new condo at Church and Shuter. Elegant, fashionable and modern, Fleur offers residents more than a place to live their life, it offers a chance to cultivate a luxurious lifestyle.

Register now to be among the first to receive information about Fleur. Visit the Menkes Condo Centre, located at 770 Bay Street. For further information call or visit the website.

416.591.7700

Menkes.com


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