MEDIA ADVISORY - Cadillac Fairview set to break ground at 16 York Street with official ceremony

16 York Street to meet continued demand for commercial office space in Toronto's downtown

TORONTO, May 11, 2017 /CNW/ - On Wednesday, May 17, Cadillac Fairview (CF), in partnership with the Ontario Pension Board (OPB) will host an official ground breaking ceremony for its $479M, 32-storey office tower at 16 York Street.  This investment in Toronto's prospering "south core" is another example of CF's leading role in the evolution of the mixed-use district.

The new building comprises 879,000 square feet of premium office space, three underground parking levels with 289 parking stalls, and ground level retail space. 16 York Street is slated to open June 1, 2020.

WHAT: Cadillac Fairview and the Ontario Pension Board host official ground breaking ceremony for 16 York Street office tower
WHO:
John Sullivan, President & CEO, Cadillac Fairview Wayne Barwise, Executive Vice President, Development, Cadillac Fairview Mark Fuller, CEO, Ontario Pension Board
WHERE: 16 York Street, entrance on both York Street south of Bremner Boulevard and Grand Trunk Crescent south of Bremner Boulevard
WHEN:	Wednesday, May 17
	10:45 a.m. – Media sign in
	11:10 a.m. – Remarks from Cadillac Fairview and OPB executives
	11:25 a.m. – Photo opportunity of ceremonial ground breaking
	11:35 a.m. – Media 1:1 interview opportunity
INTERVIEWS, VISUALS, PHOTO OPPORTUNITIES:
Capture b-roll and photos of the ceremonial first dig with Cadillac Fairview executives, Ontario Pension Board representative, PCL Construction Visuals of the pre-construction site of the 32-storey office tower at 16 York Street Interviews available with Cadillac Fairview executives and Ontario Pension Board representative

About Cadillac Fairview

Cadillac Fairview is one of the largest owners, operators and developers of best-in-class office, retail and mixed-use properties in North America. The Cadillac Fairview portfolio is owned by the Ontario Teachers' Pension Plan, a diversified global investor which administers the pensions of more than 300,000 active and retired school teachers. The real estate portfolio also includes investments in retail, mixed-use and industrial real estate in Brazil, Colombia and Mexico.

Valued at more than $28 billion, the Canadian portfolio includes over 38 million square feet of leasable space at 67 properties in Canada, including landmark developments, such as Toronto-Dominion Centre, CF Toronto Eaton Centre, CF Pacific Centre, CF Chinook Centre, Deloitte Tower and CF Carrefour Laval.

About Ontario Pension Board
Ontario Pension Board administers Ontario's Public Service Pension Plan, a defined benefit pension plan serving over 85,000 active, retired and deferred members and their employers. With more than $24.4 billion in assets, it is one of Canada's largest pension plans. Over the last 20 years, Ontario Pension Board has become one of Canada's leading direct owners of high quality commercial real estate.

SOURCE Cadillac Fairview Corporation Limited

Media Contact: Vanessa Jenkins, North Strategic on behalf of Cadillac Fairview, 416-206-8765 / [email protected]