Toronto’s Office Tower Boom

Why businesses are trading suburban office parks for downtown highrises

IT TURNS OUT THAT PETER MENKES was onto something in 2005 when he bought a swath of deserted land south of Union Station with the kooky idea of developing office space. As early blueprints were being drafted, Telus signed on to be his anchor tenant. The telecommunications giant had been looking to consolidate its 15 GTA locations, preferably somewhere cool, and pushed for an edgy and eco-forward design. By 2009, Menkes’ 30-storey Telus House had surfaced and spurred a wave of office tower projects now rising from waterfront brownlands. Count them: PwC’s glass-encased building on York, the nearby Bremner Tower under construction, and, south of the Gardiner, RBC’s WaterPark Place III and another Menkes office building on lower York Street that will stretch the boundaries of the Financial District. Continue reading

Jonathon Power brings squash to the streets

Canada’s world champ comes home to craft his grand squash plan

BEFORE RETIRING IN 2006, JONATHON POWER was notorious for shouting at refs, throwing fits and playing an unpredictable, vicious brand of squash that earned him world titles and top ranking. Now a somewhat mellowed dad, he is about to open a cavernous, $1.3-million, 10-court squash club in a decommissioned military airplane hangar at Downsview Park, set to launch this fall. The National Squash Academy isn’t just a slick state-of-the-art facility. Continue reading