Landmark LEED Office Tower to Rise in Downtown Pickering



    PICKERING, ON, May 8 /CNW/ - The City of Pickering is proud to announce
the receipt of a site plan application for the construction of a new "Class A"
office tower. This one-of-a-kind project in the east GTA will kick start the
transformation of Pickering's downtown.
    With direct access to Highway 401, the new office tower will overlook the
Pickering GO station with stellar views of Lake Ontario. More importantly,
this 132,000 square foot project will be built to LEED Silver standards,
making it one of the most visible examples of sustainability in Ontario. In
addition, as the Province has named Pickering's downtown an Urban Growth
Centre in its Places to Grow program, the new office tower will be a major
catalyst for additional redevelopment and downtown intensification.
    Further, Metrolinx has designated Pickering's GO station and downtown
environs as an Anchor Mobility Hub; which would see the transformation of this
area to an actual destination with enhanced commercial, retail, transit and
cultural opportunities. As such, the City is proposing to link the new office
tower to the GO station via a pedestrian bridge that would span the highway.
This would create a more cohesive downtown while also increasing transit
ridership. The City has submitted an application to the Canada Infrastructure
Stimulus Fund for Federal and Provincial assistance to construct this fully
enclosed and accessible pedestrian bridge.
    Construction will start in July 2009, with occupancy slated for early
2011. Further project details will be announced at a press conference to be
held at City Hall Pickering in June. Currently, there are available office
space and commercial/retail leasing opportunities. For leasing information,
please contact John Pretsell, Vice-President Leasing, 20 Vic Management Inc.
at 416.681.9006 or jpretsell@20vic.com.
    "The office tower is the realization of Pickering Council's vision; and
will help usher in a new era of sustainability and economic prosperity for the
City of Pickering," said Mayor Dave Ryan. "With the transformation of our
downtown core; expansion of our EN3 (Energy, Environmental, Engineering)
cluster; and impending creation of 35,000 new jobs in Seaton; the City of
Pickering is evolving into one of the most significant business centres in the
entire Province."
    In addition to the new office tower, Pickering is enjoying a recent
streak of positive economic development news. For example, SNC Lavalin Nuclear
Inc. opened a new office in February; Norwegian powerhouse Aker Solutions is
relocating its Toronto operations to a new $18 million facility this spring;
and Purdue Pharma will break ground shortly on a new $32 million expansion.
Next month, the City will be announcing the expansion of an American company
into Canada via its new national base of operations in Pickering.

    As the gateway to the east GTA, Pickering (population 94,000) is
strategically located where Toronto, York and Durham Regions meet and has been
recognized by Profit magazine as one of the ten best cities in Canada for
growth companies. Pickering's downtown has been named by the Province of
Ontario as an Urban Growth Centre and future Anchor Mobility Hub. The City of
Pickering is considered a municipal leader in fiscal management, service
delivery, sustainability and the environment. In 2008, it received the
FCM-CH2M Hill Sustainable Community Planning Award. With its direct access to
major highways, educated and skilled labour force, prime employment lands, a
world class EN3 (Energy/Environmental/Engineering) sector, and supportive
municipal government, Pickering offers unrivalled competitive advantages for
business.






For further information:

For further information: Media Contact: Mark Guinto, Coordinator, Public
Affairs, Office of the Mayor, mguinto@cityofpickering.com, (905) 420-4660 ext.
2013 (office), (416) 409-0559 (mobile), TTY (905) 420-2173


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