Montréal Exchange to relocate to Deloitte Tower in city's burgeoning Quad Windsor district
MONTREAL, Sept. 29, 2016 /CNW/ - Cadillac Fairview and TMX Group are proud to announce today the signing of a long-term lease agreement to relocate the Montréal Exchange (MX) to Deloitte Tower in 2018. MX and the Montréal offices of The Canadian Depository for Securities, Canadian Derivatives Clearing Corporation, Toronto Stock Exchange and TSX Venture Exchange will occupy approximately 44,000 square feet on two floors of the 26-storey office building, and will start adapting the space for occupancy this fall.
"Cadillac Fairview is proud to welcome TMX Group to Deloitte Tower, the city's first, new, privately-owned and financed commercial office tower to be built in more than 20 years," said Brian Salpeter, Senior Vice President, Development, Eastern Canada, Cadillac Fairview. "TMX's decision to choose Deloitte Tower as their new home in Montréal speaks to the quality of our project and the appetite for leaders in the business community to seek out state-of-the-art environments for their employees to work, live and play as we continue to execute our full vision for Quad Windsor."
"It is well known that Montréal is home to key core elements of TMX, and for that reason we are excited to announce our upcoming move to the new Deloitte Tower, a LEED Platinum building that features a responsive, sustainable and inspiring work environment in close proximity to our local clients," said Lou Eccleston, Chief Executive Officer, TMX Group. "TMX's Montréal employees can look forward to collaborating with colleagues in a vibrant, modern workspace; one that promotes employee wellness and innovation and best enables them to serve clients with excellence into the future."
Located between two Montréal landmarks, the heritage-designated Windsor Station and the Bell Centre, Deloitte Tower is a 500,000-square-foot project, which is home to premium office space and approximately 230 parking spots. Additional features of the Deloitte Tower include a signature, 32-foot-high lobby facing the historic Court Rio Tinto; an outdoor courtyard complete with a skating rink during winter months, public seating and park area in the summer. The Bush shed, a heritage-designated remnant of Windsor Station's original rail platforms, was also incorporated into the window line of the courtyard-level lobby.
Deloitte Tower is Montréal's first LEED® Platinum (CS) office development. State-of-the-art infrastructures at Deloitte Tower substantially mitigate the risk of unforeseen escalations in operating costs that is prevalent with older buildings. Deloitte Tower also offers a measure of protection from rising energy costs as a result of high-tech systems that reduce consumption by 30-40% versus a conventional office tower. As planned, Deloitte Tower is participating in Cadillac Fairview's nationwide sustainability program, Green at Work®, that tracks energy use, water consumption and waste diversion, establishing reduction targets for each year. For more information, please visit deloittetower.ca.
Quad Windsor: a new neighbourhood changing the face of downtown Montréal
Quad Windsor is more than a neighbourhood; it is a vibrant, integrated urban neighbourhood that has been created in the new heart of downtown. The redevelopment plan, which includes the Deloitte Tower, Tour des Canadiens and now Tour des Canadiens 2, will consist of leading edge new office towers, prestigious residential buildings, local businesses and stores, as well as green and public spaces. For more information, please visit www.quadwindsor.com.
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 company also invests in retail, mixed-use and industrial real estate in Brazil, Colombia and Mexico.
Valued at more than $29 billion, Cadillac Fairview owns over 38 million square feet of leasable space at 72 properties in Canada, including landmark developments, such as Toronto-Dominion Centre, CF Toronto Eaton Centre, CF Pacific Centre and CF Chinook Centre.
Cadillac Fairview has been wholly owned by the Ontario Teachers' Pension Plan since 2000. Ontario Teachers' is a diversified global investor and administers the pensions of more than 300,000 active and retired school teachers.
About TMX Group (TSX:X)
TMX Group's key subsidiaries operate cash and derivative markets and clearinghouses for multiple asset classes including equities, fixed income and energy. Toronto Stock Exchange, TSX Venture Exchange, TSX Alpha Exchange, The Canadian Depository for Securities, Montréal Exchange, Canadian Derivatives Clearing Corporation, NGX, BOX Options Exchange, Shorcan, Shorcan Energy Brokers, AgriClear and other TMX Group companies provide listing markets, trading markets, clearing facilities, depository services, data products and other services to the global financial community. TMX Group is headquartered in Toronto and operates offices across Canada (Montréal, Calgary and Vancouver), in key U.S. markets (New York, Houston, Boston and Chicago) as well as in London, Beijing, Singapore and Sydney. For more information about TMX Group, visit our website at http://www.tmx.com. Follow TMX Group on Twitter: @TMXGroup.
SOURCE Cadillac Fairview Corporation Limited
Image with caption: "Cadillac Fairview Corporation Limited (CNW Group/Cadillac Fairview Corporation Limited)". Image available at: http://photos.newswire.ca/images/download/20160929_C6127_PHOTO_EN_784554.jpg
Image with caption: "TMX Group (CNW Group/Cadillac Fairview Corporation Limited)". Image available at: http://photos.newswire.ca/images/download/20160929_C6127_PHOTO_EN_784556.jpg