Gross Occupancy Cost
- Low $40s gross rent
- $18.12 (estimated 2016)
City of Toronto Tax Grant (IMIT)
- Tenants will be eligible for the City of Toronto tax grant program, which could lower realty taxes on the leased space by an average of $3.20 per sf per annum over the first ten (10) years of the term.
Design & Efficiency
- Raised floor with exposed ceiling to be included in base building.
- Floor-to-ceiling high performance glazing.
- 95% leased, with 27,876 sf of office remaining (floor 8).
- Column-friendly design.
- Highly-efficient core.
- Low gross-up factor (less than 8% on a full-floor basis).
- Base Building engineered and designed for higher densities.
Building Common Area Amenity Space
- Great food, coffee, and fitness options on-site.
- New building targeting LEED Gold Core and Shell certification
- 40-50% energy savings (when compared to non-LEED buildings)
- Secure Bike Racks with showers and change rooms.
- Healthy work environment for employees
- Underground Parking Ratio: 1 stall per 1,500 sf of rentable area
- On-street parking and off-site parking available
- Close proximity to Union Station (GO Transit) and King Subway Station, with TTC King streetcar stop immediately outside the Building
- Round-trip shuttle bus service from Union Station to the Building
- Easy access to Don Valley Parkway and Gardiner Expressway
Situated in a key location
Globe and Mail Centre has tremendous location appeal with it’s close
proximity to the Don Valley Parkway, the
Pan Am Games Athletes Village to the east, the Gardiner Expressway to the south and Union Station, St. Lawrence Market & the Downtown Core to the west.
Only a ten minute walk from the Financial Core, King East is a neighbourhood which encapsulates all of the best aspects of pedestrian, cultural and busy corporate lifestyles. The neighbourhood continues to attract renowned companies, such as SAS (ranked second on Fortune 500’s 2013 list of best employees to work for), George Brown College (one of Canada’s Top 100 Employers for three years in a row), Coca-Cola Canada, and soon The Globe and Mail and LoyaltyOne. The Globe and Mail Centre is not only in close proximity to the Distillery District, St. Lawrence Market, Toronto’s Waterfront development and the Pan Am Games Athlete’s Village, but also a key part of a growing neighbourhood which offers access to a variety of shops, restaurants, parks and amenities.
Corktown. Corktown has become increasingly popular with young professionals, first time home buyers and empty-nesters. There are 2,500 condominium units which come to market at the end of 2013, and an additional 12,000 units across 11 different developments currently in the planning stages.
West Donlands. At full build-out, the West Donlands will be a vibrant green neighbourhood, featuring pedestrian-friendly streets, public spaces, market and affordable housing and public transit within a five-minute walk of all residences, schools, childcare and recreational centres. This future community can explore the exceptional 17-acre park and waterfront trail system which connects to the Don Waterfront trail system which connects to the Don Valley. An enormous boost to the development of this site was Toronto’s winning bid for the 2015 Pan Am Games, as the West Donlands were selected as the site for the Athlete’s Villlage, accommodating more than 8,500 athletes and officials for the Summer of 2015.
The Distillery District. Located two blocks east of the Globe and Mail Centre, the Distillery District is a 13-acre historic entertainment neighbourhood. As Toronto’s first pedestrian-only village, this historic district features North America’s best-preserved collection of victorian industrial architecture.
St. Lawrence Market. In 2012, St. Lawrence Market was voted the World’s Best Food Market by National Geographic, and Torontonians weren’t the least bit surprised. There are over 50 specialty vendors in this busy marketplace, with equally-unique restaurants and shops on the beautiful surrounding streetscapes. The condominium market in this area is also successful, with the Market Wharf condominiums recently adding more than 400 units to the immediate community.
Sherbourne Commons. Picture a 3.7-acre green oasis, complete with a skating rink, pavilion, and public art structures. Now picture that same oasis only a few blooks from your office.
East Bayfront. This new, 55-acre, urban waterfront community will be a place of design excellence accommodating a mixture of uses, including 7,000 jobs and more than 3-million square feet of commercial space. Development of East Bayfront is well underway, with recent additions such as the Corus Entertainment building and George Brown Waterfront Campus, and more mixed-use residential developments (such as Great Gulf’s The Monde) coming soon.
Shuttle to Union Station & Go Transit every 10 minutes
The Globe and Mail Centre will also have a streetcar stop outside its front door (just three stops from King and Yonge) and will be directly serviced by the 504 King, the 508 Lakeshore and the 503 Kingston Road Streetcar lines.
- Bike racks, change rooms and showers for cyclists
- A storm water plan to capture and treat 90% of average annual rainfall, minimize pollution of waterways and remove 80% of total suspended solids
- Green Roof
- Ultra low-flow water fixtures for all faucets and toilets
- Operational cost savings through optimized energy performance of all mechanical systems
- Base Building features which foster a healthy work environment for tenants
- Green power from a grid-source provider
- Storage and collection facilities for paper, cardboard, glass, plastics, metals and organic waste (including landscaping waste)
- Extensive Indoor Air Quality Management Plan during construction in order to mitigate indoor pollutants