Corus Quay | |
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View of Corus Quay under construction
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Former names | First Waterfront Place |
General information | |
Location | 25 Dockside Drive Toronto, Ontario, Canada M5A 0B5 |
Coordinates | 43°38′36″N 79°22′02″W / 43.643323°N 79.367219°WCoordinates: 43°38′36″N 79°22′02″W / 43.643323°N 79.367219°W |
Technical details | |
Floor count | 8 |
Floor area | 43,000 m2 (460,000 sq ft) |
Design and construction | |
Architect | Diamond and Schmitt Architects |
Developer | TEDCO |
Main contractor | Aecon Buildings Architects |
Corus Quay, originally named First Waterfront Place, is an eight-storey commercial office tower located on a 2.5-acre (1.0 ha) waterfront site in Toronto, Ontario, Canada. The $160 million building is the first major development planned for the East Bayfront district, and completed construction at the foot of Jarvis Street. Corus Quay is Corus Entertainment's new Toronto headquarters, consolidating its 10 locations and 1,200 employees into one site. The building was being developed by the Toronto Economic Development Corporation (TEDCO), a city agency. Funding for the project came from TEDCO's equity, city loans and a $12.5 million contribution from the city contributed via Waterfront Toronto.
The building is intended to be an important public destination as well as provide a range of housing and commercial opportunities. No residential or education facilities could be built near the existing Redpath Sugar plant until TEDCO's Corus building buffered the new development from the old industrial uses. However, many aspects of the project have been mired in controversy.
Corus Quay is located near the previous site of the Waterside Sports Tennis Club, which is looking for a new location "waterside". But as neither the city nor Waterfront Toronto found an alternative site, Waterside Sports had to close down and went out of business.
In addition to Corus' business operations, the facility also houses the company's television and radio operations in Toronto, including the studios of radio stations CFMJ, CFNY-FM and CILQ-FM, and the secondary studio for Global Toronto and Global's The Morning Show, in late 2016.
This TEDCO development achieved LEED (Leadership in Energy and Environmental Design) Gold status for the project's environmental sustainability. The LEED rating system recognizes leading-edge buildings that incorporate design, construction and operational practices that combine healthy, high-quality and high-performance advantages with reduced environmental impacts.
In addition, TEDCO's Corus Quay building will boast several green roof areas, a massive five-storey green living wall, 100 bicycle parking spaces, AutoShare hybrid vehicles on site, and public art installations created by award-winning U.K. artists, Troika.