Ernst & Young Signs up For Tenancy at 100 Adelaide West

Ernst & Young Signs up For Tenancy at 100 Adelaide West


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Word has broken that Ernst and Young Accounting Firm is the tenant signed on to least the most important top floors of the 100 Adelaide West Tower proposed by Oxford Properties. As I pointed out earlier this year, the existing tenants at the existing structure where this skyscraper will go, got their waking papers already. So all is in order, along with the permit to begin construction. Things in the office sector in the downtown Toronto Core, look to be heating up, after almost 20 years of domancy we now have several office towers, either recently completed, under construction, proposed, or in the site preperation phase, as this one tower appears to be in right now.

100 Adelaide Street Moving Forward 200 Meter Tall Plus! Plus!

100 Adelaide West/Richmond-Adelaide III (Oxford, 42s, KPF)

Looks Like the 100 Adelaide Office Tower of Oxford Properties is moving forward. The application has been filed with the city to have construction begin. I'm unsure as to whether they have signed up a client. But indications would lead me to believe with one Office Tower already under construction on pure "Spec" That this project probably has a tenant, as I couldn't see two office towers under construction without any signed tenants. The tower being 42 floors in hieght, will be one of the tallest towers in the downtown core.

City of Toronto Application:

Application: Zoning Review Status: Not Started
Location: 100 ADELAIDE ST W
TORONTO ON M5H 1S3
Ward 28: Toronto Centre-Rosedale
Application#: 12 283390 ZPR 00 ZR Accepted Date: Nov 22, 2012
Project: Non-Residential Building New Building
Description: Proposal to construct new office building, 42 storey with 5 levels of parking.


Here is the Rendering

100 Adelaide - Tenants Move Out.... (Is Construction Near?)

100 Adelaide (aka Richmond Adelaide 3) Construction Imminent

Seems as though Tenants are moving out of 100 Adelaide West, in preparation for what might be the construction of the 100 Adelaide Tower. (Office) There seems to be no official word on how tall the tower will be because there have been three renderings released.  On top of that 3 office towers have started or will start within the year, including Bremner Tower, Waterpark Place, and Bay Adelaide 2. This means that securing tenants is probably getting tricker as each new building moves forward into the construction stage.

The Developer

The Developer is Oxford properties, the same company that runs the Royal Bank Plaza and they have been pushing this tower with square feet up to 900,000 in it's largest incarnation. Large open concept space in the heart of the financial district likely well suited to accounting, legal and banking or professional services companies that would value such a central location.

The Tower

The tower incoporates the hertiage Concourse building at the base, 2 of the 4 walls will be retained in the new tower. Discussion on internet boards, has centered on whether the entire historic building should be maintained or if the node to the past and intergration of it into the modern building is sufficient.

Oxford Leasing Site



Getting a Mortgage and Mortgage Insurance through BMO Insurance for financing a loan to purchase at FIVE Condos is actually a relatively easy process, and new rules from the federal government has required that company include new regulations, which have made the home loan and mortgage process a bit more difficult. Those changes at BMO Insurance include shortening the amortization period for which the loan can be held by the consumer, and the degree to which the property is financed by the mortgage. They have also increased deposit requirements to lift the loan insurance amount. Mortgage insurance from BMO Insurance is actually one of the major financing costs on home loans.