Southcore Delta hotel Toronto
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Southcore Financial Centre:
Internationally renowned artist James Carpenter today unveiled "Lake Light Threshold", a dynamic and interactive permanent public art exhibit that connects Southcore Financial Centre (SFC) to Union Station and Toronto's downtown PATH network.
A trained designer and sculptor, James Carpenter has been integrating a synthesis of light into building structures since founding James Carpenter Design Associates in 1978. He is the recipient of numerous awards, including the American Academy of Arts and Letters Architecture Award, the American Institute of Architects Honor Award and a MacArthur Foundation Fellowship.
"Pedestrians passing through the bridge will interact with the illuminated north wall," explains Carpenter. "Day and night, the human activity will activate the sculpture lighting in a wave-like flow."
When c
omplete, SFC will offer 1.4 million square feet of office space in two office towers and a 45-storey Delta Toronto, a next-generation, four-star hotel. The project is being developed by GWL Realty Advisors Inc. on behalf of bcIMC. The full complex is scheduled for completion in 2014.
The average selling price in the Greater Toronto Area in the first two weeks of May was $543,838, according to the Toronto Real Estate Board. Compared with $516,089 in May of 2012. Sales in the first two weeks of May dropped 9.7 per cent compared with the same period last year.
Mr. Guatieri points out that people who are keen to buy in the spring have to compete for relatively scarce detached houses available. “As we get into the spring market, we tend to see stronger demand and perhaps that is lifting prices.”
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