After a 10-month search, Canada’s national newspaper has finally sunk its heels into its new home. The Globe and Mail Centre, located at 351 King Street East, just broke ground this morning and many of Toronto’s leading figures were on site to commemorate the occasion.
“Business is absolutely vital to the success of Toronto’s economic landscape,” said Mayor Rob Ford, who stood up briefly to say a few words. “It contributes tremendously to the success and vitality of this great city.”
The 17-storey office building by First Gulf will be a lofty 500,000 square feet. The Globe will occupy 130,000 square feet of the space on the top five floors, and another 17,000 square feet will be reserved for new restaurants and retail shops located on the ground level.
“The Globe and Mail is one of Canada’s oldest newspapers, so I think it’s fitting that their new home will be in one of the oldest and more historic parts of Toronto,” said Minister Brad Duguid.
The building has been designed by the award-winning Diamond Schmitt Architects, and will neighbour other thriving corporations such as George Brown College, SAS and Coca Cola. It’s also to the left of the Toronto Sun headquarters.
David Gerofsky, the Chief Executive Officer of First Gulf, and Mayor Rob Ford stand on stage.
Phillip Crawley, the Globe’s CEO and Publisher, stands behind the podium to discuss the new development and the neighbourhood it will be situated in.
Aside from The Globe and Mail Centre’s modern glass facade — which definitely outshines their current building exterior — First Gulf says the new tower will help to reinvigorate the King East district and will add 5,000 new jobs to the community.
“The industry that were in is changing very fast, and when we get our new building it will reflect those changes,” said Crawley.
Take a look at an exterior rendering of The Globe and Mail Centre below:
Rendering: First Gulf
The Globe and Mail’s office has been located on Front Street since 1974. It expects to make the big move in Fall 2016.