Waterfront Toronto and Menkes Developments Ltd. (Menkes) are proud to announce the launch of an innovation centre which will bring more than 2,000 employees to Toronto's waterfront. This cutting-edge workplace represents the next evolution in commercial office development and will reinvent how employees work together in Toronto's rapidly evolving creative and technology sectors – including advanced visualization and interactive digital media, film and TV production.
After an open and competitive selection process, Waterfront Toronto chose Menkes to develop the Waterfront Innovation Centre, a 350,000 square foot, uniquely designed commercial space located next to Canada's Sugar Beach in the new East Bayfront community. This important private-sector development will generate high-value employment on former industrial lands and support the emergence of East Bayfront as a prime waterfront live-work-play community within minutes of Union Station. The centre will also act as a catalyst for additional employment and economic development in the area.
At the heart of the Waterfront Innovation Centre is the waterfront-wide ultra-high-speed broadband fibre-optic network– a private sector initiative that is delivering Internet connection speeds exponentially faster than the North American average. Future tenants of the Waterfront Innovation Centre will benefit from this network – one of Toronto's fastest and most economical – to support their work in data-intensive industries.
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