Despite a World Wide recession, Toronto has seen a flurry of development in the Financial district with several green commercial office towers and three luxury Hotel-Condominiums nearing completion.
Three new downtown office towers:
- Bay Adelaide Centre West
- RBC Centre
- Telus Tower
All of these new office towers will strive to be “Green” to comply voluntary with the LEED qualifications, some will have the Gold rating.
Three new luxury Hotel-Condominiums:
- Trump Tower
- Ritz Carlton and the Residences at the Ritz Carlton
- Living Shangri-La Toronto
Most of the downtown Toronto office towers were over 20 years old so there was a pent-up demand by tenants for bigger and more efficient buildings.
Even the three new Hotel-Condominium projects will be most attractive to executives doing business in our financial district along with providing accommodation to these financial employees who prefer to live downtown.
When you are ready to buy or sell Toronto Downtown Condos or Toronto Real Estate, contact Iris Li, a knowledgeable experienced Realtor marketing Toronto Condos and Homes since 1984.
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