CIBC Square, a transformative project by Ivanhoé Cambridge and Hines, officially broke ground yesterday morning during a special ceremony held on site at 81 Bay Street.
Watch this video to find out everything you need to know about this city-defining project and to see all the highlights from the groundbreaking event.
Breaking ground at the ceremony were Mayor of Toronto John Tory, Ontario Minister of Transportation and Member of Provincial Parliament (Vaughan) Steven Del Duca, Ivanhoé Cambridge Chairman and CEO Daniel Fournier, CIBC President and CEO Victor Dodig, Hines Canada CEO Kevin Shannahan, and Ivanhoé Cambridge President, Office, North America, Arthur Lloyd.
Formerly known as Bay Park Centre, CIBC Square will feature two buildings and a one-acre elevated park over the rail corridor. The first of the project’s two buildings, 81 Bay Street is scheduled to be completed in 2020. The second building, at 141 Bay Street, and the elevated park over the railway will be completed in 2023.