menkes one york

From left to right: Michael Coteau, Don Valley East MPP; Lisa Lafave, HOOPP’s Senior Portfolio Manager; Jim Keohane, President & CEO, HOOPP; Peter Menkes, President, Commercial/Industrial Div., Menkes Developments; Michael Catford, Vice-President, Real Estate, HOOPP Realty Inc.; Alan Menkes, President, High-Rise Residential Div., Menkes Developments; Steven Menkes, President, Low-Rise Residential Div., Menkes Developments.

Menkes Developments, the Healthcare of Ontario Pension Plan (HOOPP) and over a dozen members of the media braved the bitter cold to break ground on One York Street, a 35 storey tower that will rise above Toronto’s Southcore district.

The tower is being developed by Menkes and HOOPP Realty Inc and will house 800,000 square feet of Class AAA office space, with 132,000 square feet already leased by HOOPP. Situated at northeast corner of York and Harbour Streets, it will be a desirable location at the forefront of Toronto’s ever-expanding downtown core.

The tower was designed by Sweeny Sterling Finlayson &Co and is aiming for LEED Platinum certification, the highest rating awarded by the Leadership in Energy and Environmental Design program.

The site will also house two residential towers standing at 62 and 66 storeys. More details are expected to be announced about the residential component of the project this spring.

After turning the soil on the One York site, the group retired to Aria Ristorante in 25 York (also a Menkes office tower) for a reception that saw Peter Menkes, Jim Keohane and Michael Catford of HOOPP and Michael Coteau, MPP for Don Valley East address the crowd.

Check out some photos below…

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The groundbreaking crew poses for another photo on-site.

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Peter Menkes, President of Menkes’ Commercial/Industrial Division speaking at the reception at Aria Ristorante where over 125 people gathered following the groundbreaking.

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Jim Keohane, President and CEO of HOOPP, speaks at the reception. Keohane expressed his excitement for HOOPP’s role in co-developing the project.

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Michael Catford, Vice President, Real Estate at HOOPP. HOOPP Realty will be a major tenant in One York.

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Michael Coteau, MPP for Don Valley East, brought greetings from Ontario Premier Dalton McGuinty.

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The rendering of One York Street.

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