Brookfield Place (Toronto) Explained

Brookfield Place
Start Date:1985
Completion Date:1992
Building Type:Commercial offices
Architectural Style:Postmodernism
Location:161 and 181 Bay Street
Toronto, Ontario
Coordinates:43.6469°N -79.3786°W
Roof:Tower I: 227m (745feet)
Tower II: 208m (682feet)
Antenna Spire:Tower I: 263m (863feet)
Floor Count:Tower I: 53
Tower II: 49
Floor Area:Tower I: 127470m2
Tower II: 148640m2
Management:Brookfield Properties
Oxford Properties
Architect:Bregman + Hamann Architects
Skidmore, Owings & Merrill
(interior galleria by Santiago Calatrava)
References:[1] [2]
Website:Official website

Brookfield Place (formerly BCE Place) is an office complex in downtown Toronto, Ontario, Canada, comprising the 2.1ha block bounded by Yonge Street, Wellington Street West, Bay Street, and Front Street. The complex contains 2420000NaN0 of office space, and consists of two towers, Bay Wellington Tower and TD Canada Trust Tower, linked by the Allen Lambert Galleria. Brookfield Place is also the home of the Hockey Hall of Fame (housed in an opulent former bank from 1885).[3]

Design

The TD Canada Trust Tower is noted for its recessed design and spire on the upper levels and stands at 53 storeys. Designed by Bregman + Hamann Architects and Skidmore, Owings & Merrill, the tower was completed in 1990 and was initially known as the Canada Trust Tower until 2000 when Toronto-Dominion Bank purchased Canada Trust. Canada Trust signage was atop the spire of building until 2000 when it was replaced by a "TD" logo, prior to this TD Bank had previously been the sole member of the Big Five banks not to have its logo visible on the Toronto skyline. The "TD" logo in the downtown Toronto skyline was solely displayed on the Canada Trust Tower, until July 2015 when TD Bank affixed its green-and-white logo to the newer towers of the nearby Toronto-Dominion Centre.

Bay Wellington Tower is a 49-story office tower, designed by Bregman + Hamann Architects and completed in 1992. Architecturally it is meant to complement the Canada Trust Tower; for instance parts of the Bay Wellington Tower are recessed while that of the Canada Trust Tower would protrude out and vice versa, and the Bay Wellington Tower has a twin peak or double spires compared to the Canada Trust Tower's single spire.

Allen Lambert Galleria

Allen Lambert Galleria, sometimes described as the "crystal cathedral of commerce", is an atrium designed by Spanish architect Santiago Calatrava which connects Bay Street with Sam Pollock Square. Structural Design was completed by Yolles Partnership Inc., while the General Contractor was PCL Construction and the Structural Steel was fabricated by Canron Construction Corporation.[4] The six story high pedestrian thoroughfare is structured by eight freestanding supports on each side of the Galleria, which branch out into parabolic shapes evoking a forest canopy or a tree-lined avenue because of the presence of building facades along the sides of the structure.[5]

The Galleria was the result of an international competition and was incorporated into the development in order to satisfy the City of Toronto's public art requirements.[6] It is a frequently photographed space, and is heavily featured as a backdrop for news reports, as well as TV and film productions.

The parabolic arched roof that Santiago Calatrava created for the assembly hall of the Wohlen High School in Wohlen, Aargau, Switzerland, is generally considered to be a precursor of the vaulted, parabolic ceiling in the Galleria.[7]

Ownership

Brookfield Place serves as the headquarters for Brookfield Properties, which owns the Bay Wellington Tower section of the complex. The TD Tower section was owned in entirety by the Ontario Municipal Employees Retirement System (OMERS) through its subsidiary Oxford Properties.[8] In late 2012 or early 2013, OMERS and an unconfirmed entity identified in news reports as the Public Sector Pension Investment Board (PSP) completed a swap transaction in which OMERS reduced its ownership stake in the tower to 50%. According to the Financial Post, "A spokesman for PSP would not confirm the deal had taken place, noting the pension fund never comments on any transaction." The swap valued the 50% stake in the tower at C$465 million, or C$750 per square foot, a record for commercial property in Canada.

Hockey Hall of Fame

The opulent former Bank of Montreal branch at the northwest corner of Yonge and Front streets, built in 1885,[3] also forms part of the complex, and now serves as part of the Hockey Hall of Fame. It contains portraits of all Hall of Fame inductees, and houses a number of hockey trophies, including the first Stanley Cup trophy.[3]

See also

External links

Notes and References

  1. Web site: Emporis building complex ID 100687 . https://web.archive.org/web/20150408041326/https://www.emporis.com/complex/100687 . dead . April 8, 2015 . Emporis.
  2. Web site: TD Canada Trust Tower: Facts. Oxford Properties . 13 May 2012.
  3. Book: Hopkinson. Barbara. Johnson. Lorraine. Top 10 Toronto. 2011. Penguin. London. 978-0-75667-009-2. 26. 18 May 2017.
  4. Web site: Modern Steel Construction, August 1993. . 2022-04-09 . AISC .
  5. Web site: BCE Place Allen Lambert Galleria and Heritage Toronto Square. . 2010-05-08 . Galinsky .
  6. Web site: BCE Place Allen Lambert Galleria and Heritage Toronto Square . 2010-05-08 . Galinsky .
  7. Book: Lewis Kausel. Cecilia. Pendelton-Jullian. Ann. Santiago Calatrava: Conversations with Students -The MIT Lectures. New York. Princeton Architectural Press. 1 July 2002. 978-1568983257.
  8. News: Lori. McLeod. OMERS buys TD tower stake in record deal. The Globe and Mail. 25 July 2008. 25 July 2008.