Construction was completed in August 2021 and tenants are anticipated to move in beginning summer 2022. Now rising above grade, the 12-storey building is currently 71% pre-leased. The U of T-MaRS space will be located on the second and third floors of the larger tower known as the HIVE. The leased space will allow U of T and MaRS to provide startups with office space to further the development of their businesses. The Waterfront Innovation Centre broke ground in September 2018. Read more on pages 40-41 of the Strategic Plan. A new 24,000-square-foot tech hub in Toronto's Waterfront will soon play host to MaRS Discovery District, which is acknowledged as one of the world's most significant urban innovation promoters. The 50 startups as well as companies such as PayPal, Autodesk and the Vector Institute for Artificial Intelligence. "Menkes had the foresight to foster the development of . In 2018, the Company entered into a lease for approximately 260,000 square feet with WPP plc, a global leader in communications services, as the building's anchor tenant. The 400,000-square-foot Waterfront Innovation Centre is planned to open in 2021 with space for around 3,000 tech workers. Looking southeast towards the Waterfront Innovation Centre from Queens Quay, image via Menkes Developments. The conference schedule will include tours of the MaRS Discovery District and new Waterfront Innovation Centre. MaRS is North America's largest urban innovation hub 1.5m 1,300 150 Canadian, high growth ventures Tenants, + 400k square foot Waterfront Innovation Centre Private & Confidential - Do not distribute. Waterfront Innovation Centre Press. TORONTO, Sept. 25, 2018 — MaRS Discovery District, together with its partner University of Toronto, today announced that it is in the final stages of securing a lease with Menkes Developments Ltd. ("Menkes") for a new 24,000-square-foot hub at Toronto's Waterfront Innovation Centre. Waterfront Innovation Centre, which will be completed this fall, is about two-thirds leased to advertising and marketing company WPP. The Waterfront Innovation Centre ("WIC")—Canada's first purpose-built Innovation Centre—offers creative companies beachfront office space with access to the MaRS ecosystem and community. Gilberts LLP, an intellectual property law firm, also moved from King Street to Waterfront Innovation Centre, joining MaRS and WPP there. Director, Innovation and Sustainability. The Waterfront Innovation Centre marks the second time U of T and MaRS, two key innovation juggernauts in the city, have partnered on real estate. Toronto, Canada Area. It's also the latest outpost for MaRS and the University of Toronto, two partners . The 50 startups as well as companies such as PayPal, Autodesk and the Vector Institute for Artificial Intelligence. "As Toronto becomes a destination for global talent, venture capital and tech corporations, demand for space is at an all-time high. Waterfront Toronto's announcement on Friday of a new, privately funded "Waterfront Innovation Centre" development in East Bayfront near Sugar Beach was a big and buzzy to-do. The Waterfront Innovation Centre, situated near Sugar Beach and Sidewalk Labs' Quayside location, is set to open in 2021 and is estimated to accommodate 3,000 workers. VR Mechanical is the prime mechanical contractor and is responsible for the mechanical design/ engineering assistance, 3D BIM modeling and coordination, mechanical contract management, plumbing systems, HVAC systems, compressed air system, mechanical insulation, building . The science and technology incubator will lease a new 2,229-square-metre hub from Menkes Developments and Waterfront Toronto starting in 2021, when the new Waterfront Innovation Centre opens its doors. Session topics include global business strategies advancing sectors including the entrepreneurial network; life sciences/biotech; partnerships to accelerate innovation and impact workforce development; and more. MaRS Discovery District, one of the world's largest urban innovation hubs, has announced a partnership with the University of Toronto that will bring 3,000 new tech jobs to the city's waterfront. About the co-hosts: MaRS Discovery District is North America's largest urban innovation hub. U of T 'plants flag' on Toronto's new waterfront innovation corridor. Together with T3 Bayside, these buildings will bring about 5,000 jobs . ft. "These deals demonstrate the draw of South Core for tenants," says Sullivan. It's expected the project will enable the creation of nearly 3,000 jobs. The conference schedule will include tours of the MaRS Discovery District and new Waterfront Innovation Centre. All of our in-person workshops and events are suspended until April 10, 2020 (tentatively). Designed by Weiss/Manfredi in collaboration with Teeple Architects, the centre will showcase "innovation architecture". Seneca College Newnham Campus - Centre for Innovation, Technology and Entrepreneurship (CITE) Project Description. The Waterfront Innovation Centre broke ground in September, 2018, with shoring, excavation and the forming of underground levels taking place through 2019. The complex was designed by architects Sweeny & Co and will feature self-generating solar power. The U of T-MaRS space will be located on the second and third floors of the larger tower known as the HIVE. The Waterfront Innovation Centre will be an anchor development in East Bayfront, home to the companies and institutions that are putting Toronto at the forefront of creating and shaping technology. "These deals are giving validation to the story we've been telling for the last three years about the new Toronto waterfront," says Sullivan. Session topics include global business strategies advancing sectors including the . The Waterfront Innovation Centre, which broke ground in September 2018, is currently 71% pre-leased, with some notable tenants already on its roster. In his current role, Aaron brings together public and private sector teams to develop zero-carbon neighbourhoods on Toronto's waterfront - while engaging cleantech innovators in real estate and public realm projects. The building, which will feature state-of-the-art amenities including ultra high-speed broadband networks, is designed to support media and data-intensive industries. MaRS is focused on helping Canadian innovators turn great ideas into great companies - and supporting those companies as they become global . Hyatt Regency Toronto will serve as the conference hotel headquarters with programming and sessions situated at the MaRS Conference Center. The Schwartz Reisman Innovation Centre will turbocharge the next wave of Canadian innovation, advancing how Artificial Intelligence, Biomedicine and other disruptive technologies can enrich lives. The Waterfront Innovation Centre is MaRS and U of T's second real estate partnership. In partnership with the University of Toronto and Menkes Developments Ltd., MaRS Waterfront provides the work . An LRT is central to growing the waterfront community that includes key tenants like MaRs and the University of Toronto anchoring the Waterfront Innovation Centre to the proposed 'smart' Quayside neighbourhood. When it comes to attracting innovation, the Waterfront Innovation Centre is already drawing some of Toronto's top talent, including communications services company WPP (which will be bringing in companies such as Ogilvy, H+K Strategies and John Street) as well as MaRS (in partnership with the University of Toronto). MaRS has greatly contributed to defining what the innovation district space is, and it has since become a network effect that continues to evolve. Located in Toronto's downtown "Discovery District," MaRS sits at the epicentre of one of North America's most concentrated clusters of biomedical research and expertise - literally steps from world-renowned teaching and research hospitals, the University of Toronto, Canada's financial core and the Ontario legislature. Menkes welcomes MaRS innovation hub. Waterfront Innovation Centre by Menkes, MaRS Waterfront will offer leading and emerging innovators a unique place to meet and collaborate with great people; to do deep-dive work in an inspiring setting; and to build your company from vision to reality. "U of T sees itself as a primary anchor of Toronto's innovation ecosystem," said U of T's Scott Mabury. The 780,000 square foot tower is more than 99.8 per cent full and is currently home to more than 50 startups as well as companies such as PayPal, Autodesk and . In addition to WPP, Toronto's main innovation hub, MaRS Discovery District, is said to seek more space in the city's east end. The 400,000-square-foot Waterfront Innovation Centre is planned to open in 2021 with space for around 3,000 tech workers. MaRS and U of T are leasing 24,000 square feet - with an option to lease an additional 24,000 square feet - at Menkes's Waterfront Innovation Centre, a building under construction across . Waterfront Innovation Centre. Session topics include global business strategies advancing sectors including the entrepreneurial network; life sciences/biotech; partnerships to accelerate innovation and impact workforce development; and more. The conference schedule will include tours of the MaRS Discovery District and new Waterfront Innovation Centre. Construction continues on the Waterfront Innovation Centre beside Sugar Beach on Toronto Harbour. •Build your company from vision to reality. MaRS and U of T to create startup space at Waterfront Innovation Centre By Building On Sep 25, 2018 MaRS Discovery District, together with its partner University of Toronto, today announced that it is in the final stages of securing a lease with Menkes Developments Ltd. for a new 24,000-square-foot hub at Toronto's Waterfront Innovation Centre. Our drop-in office space will be closed until at least March 31, 2020 (check back here for latest). Waterfront Toronto announced Friday that a new privately funded, 350,000-square-foot "Innovation Centre" will be coming to the east waterfront. Aug 2019 - Present2 years 10 months. While it's not officially part of Sidewalk Toronto's redevelopment, U of T has partnered with MaRS Discovery District to lease 24,000 square feet inside the Waterfront Innovation Centre, a technology- and business-driven venture at the city's waterfront. More than 2,000 people are expected to work within the building when all is said and done, and with tenants like MaRS, . It will boast green surroundings, automated technologies and also sensors to check occupancy and lighting conditions. Previously, Aaron was a Program Manager, Bu ildings & Community Energy at Advanced Energy Centre and also held positions at IESO, MaRS, Amplify Capital, Mattamy Homes, City of Ottawa . U of T has partnered with startup and research incubator MaRS to lease 24,000 square feet of the 400,000-square-foot Waterfront Innovation Centre (WIC), which is currently under construction. "The Waterfront Innovation Centre is almost complete!" . A registered non-profit, MaRS supports high-growth startup and scale-ups tackling key issues in health . The MaRS method We offer companies the support they need at every stage of development: Early stage 55% of ventures $0-1M in revenue Pre-seed . Located right beside Sugar Beach, the Waterfront Innovation Centre has already begun functioning as a gathering place for leaders in digital media, communications services, and entrepreneurship, including WPP, MaRS and theScore. Waterfront Toronto. In 2015, U of T invested in MaRS' West Tower, taking a 20 per cent equity share in the building. About MaRS Discovery District The MaRS Centre offers 1.5 million square feet of office, lab, meeting and event space in downtown Toronto. Scheduled to open fully this summer, the centre is hosting a launch party on June 4 . Because of the anticipated demand for this space, MaRS will have the option. U of T partnering with MaRS on Waterfront Innovation Centre, . The Centre's stunning layout will feature vertical gardens, soaring atria . MaRS plans to take 24,000 square feet of space, and will partner with the University of Toronto on the real estate project, which will be located on . Designed by Sweeny &Co Architects, the Menkes and BentallGreenOak development will be the Canadian home to creative consultant services multinational WPP Plc, and a new satellite site for MaRS. MaRS and U of T will only take up a fraction of the two-tower Waterfront Innovation Centre's total 400,000 square feet, but its important to both organizations that they have a presence at the complex. MaRS and the university announced Tuesday they will be leasing 24,000 square feet of office space in the Waterfront Innovation Centre, a development on the inner harbour near Sugar Beach, when it . Toronto's tech sector is growing fast. ft. and MaRS for 50,000 sq. MaRS will be located in the HIVE tower and will provide programming and collaborative working space for scaling startups. Ultra-Highspeed Broadband The Waterfront Innovation Centre will consist of two buildings. Earlier at Waterfront Innovation Centre, WPP signed a deal for 250,000 sq. The conference schedule will include tours of the MaRS Discovery District and new Waterfront Innovation Centre. Already under construction, the Waterfront Innovation Centre will create much-needed office space for Toronto's fast-growing innovation community, which is in close proximity to the city's thriving Discovery District. "Forward-looking companies are aligned with Menkes' vision and are joining these city building projects, which are key to revitalization of Toronto's . This will be realized by leasing 24,000 square feet of space in the Waterfront Innovation Centre, which is expected to open in 2021. Introducing MaRS Waterfront: a brand new workspace concept for high-tech innovators. The building, which will feature state-of-the-art amenities including ultra high-speed broadband networks, is designed to support media and data-intensive industries. Initially, MaRS plans to lease 24,000 square feet of space with an option to double this in the future. The Waterfront Innovation Centre will consist of two buildings. MaRS and U of T are leasing 24,000 square feet - with an option to lease an additional 24,000 square feet - at Menkes's Waterfront Innovation Centre, a building under construction across from Sugar. It's hard to resist . Toronto's new Waterfront Innovation Centre is about to become a new hive of activity down by Lake Ontario. In 2015, U of T acquired four floors in the west tower of MaRS and took a 20-per-cent equity share in the building on the corner of College Street and University Avenue. Menkes Breaks Ground on Waterfront Innovation Centre on Toronto Waterfront. Due to the dynamic situation of COVID-19, Innovation Factory is taking some proactive measures. There are also a few other smaller office tenants. A new building with all of the bells and whistles, such as Menkes' Waterfront Innovation Centre or 100 Queens Quay East, are going to warrant premium rents, but companies are able to rationalize this by the efficiencies that it creates for the companies, including better space utilization, that — in many cases — result in a company taking . ft. The Waterfront Innovation Centre is MaRS and U of T's second real estate partnership. About MaRS Discovery District Already under construction, the Waterfront Innovation Centre will create critically needed office space . Handout Article content. The U of T-MaRS space will be located on the second and third floors of the larger tower known as the HIVE. The Waterfront Innovation Centre, which broke ground in September 2018, is currently 71% pre-leased, with some notable tenants already on its roster.In 2018, the Company entered into a lease for . Located on the shores of Lake Ontario, minutes from the downtown core, the Waterfront Innovation Centre is a giant office complex, purpose-built for tech workers and those in creative industries. Aaron Barter is a Sustainability Director, Innovation at Waterfront Toronto based in Toronto, Ontario. The Waterfront Innovation Centre is a new cutting-edge project located on Toronto's downtown waterfront. TORONTO, Sept. 25, 2018 /PRNewswire/ - MaRS Discovery District, together with its partner University of Toronto, today announced that it is in the final stages of securing a lease with Menkes Developments Ltd. ("Menkes") for a new 24,000-square-foot hub at Toronto's Waterfront Innovation Centre.Already under construction, the Waterfront Innovation Centre will create critically needed office . In 2015, U of T invested in MaRS' West Tower, taking a 20 per cent equity share in the building. It boasts advanced IT capabilities, as well as expansive conference and meeting rooms. Credit: Sweeny &Co. Canada's tech ecosystem just landed one of the country's most coveted bits of real estate. •Do deep-dive work in an inspiring setting. Also, certainly on weekdays, College and University has dramatically more foot traffic than anywhere along the waterfront does. As the submission deadline for this RFQ is scheduled. The MaRS and Hydro buildings actually provide a ton of foot traffic, as well as the other hospital, university, and medical research buildings -- this is actually a highly visible and trafficked part of town, and this structure will only add to its vibrancy.
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