November 4, 2009

Shortly, two construction teams will be working side-by-side on two separate but interrelated projects that will transform the face of a heritage and cultural site in Toronto and create a landmark Tower in Toronto’s downtown.

The sale of the land (half acre) for the L-Tower is being used to finance the Sony Centre’s restoration.

L-Tower (click here to map the development, or here to enter The Hive):
Cost: $250-million
Storyes: 58-storey
Number of Unites: 600-unit
Design Architect: Daniel Libeskind
Architect of Record: Page + Steele/IBI Group Architects
Size: 600,000-square-foot point tower
Construction Manager: Dominus Construction Group
Completion: 2012
Neighbourhood: St. Lawrence

Sony Centre:
Cost: $30-million renovation and restoration
Current Age: 50-year-old Sony Centre for the Performing Arts
Construction Manager: Vanbots
Architect: Page + Steele/IBI Group Architects
Structural Consultant: Halcrow Yolles
Opening Date: 2010
Renovations: The renovated facility will boast a new mechanical system with a upgraded HVAC Systems, a new lobby, new dressing rooms and a terrace area, new washrooms, audience seating and floor upgrades. Dont worry! The iconic marquee canopy will remain!

(information source: Daily Commercial News)

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