New PwC headquarters goes above ground at 18 York Street

TORONTO , Nov. 25 /CNW/ - With the construction of 18 York Street in Toronto beginning one year ago, PricewaterhouseCoopers (PwC) LLP is pleased to announce the building has passed ground level. In August 2008 , PwC signed a long-term lease for approximately 280,000 square feet of office space at 18 York Street, becoming the lead tenant and anchoring its national headquarters and downtown Toronto office to the new state-of-the-art building.

    
    -   Designed by the award-winning firm, KPMB Architects, 18 York will
        total 650,000 square feet and rise 26-storeys on the north-west
        corner of York Street and Bremner Boulevard.

    -   Targeting a Leadership in Energy and Environmental Design (LEED) Gold
        standard, the new building will feature state-of-the-art operating
        and life safety systems including: rain water collection system,
        Enwave's deep lake central cooling supplemented by a thermal storage
        system, 18" raised floor, and enhanced indoor air quality.

    -   The emerging area directly south of Toronto's financial core and one
        block from Union Station will have access to the PATH and neighbour
        to Maple Leaf Square, 1.8 million square feet of living, working and
        entertainment space featuring everything from cafes and sports bars
        to fine dining, health, fitness and personal service amenities,
        daycare facilities and grocery/retail space.
    

David Forster , PwC's Greater Toronto Area Managing Partner, says, "We are looking forward to moving in to our new downtown Toronto location and are pleased with the progress of 18 York Street to-date. Now above ground, the site is coming to life and drawing attention for the same reasons it appealed to us in the first place: its location and amenities, access to public transit, and leading green design features, all of which support PwC's environmental objectives."

Regular updates on the building's development are provided to PwC employees via the firm's intranet Web portal, including the latest construction images, photos, design benefits, environmental features, maps and videos. Toronto urban development enthusiasts have also taken an interest in the building on the blog site UrbanToronto.ca.

Scheduled completion for the building is fall 2011.

For more information and photos on PricewaterhouseCoopers move to 18 York Street, please visit www.18york.com or contact Kiran Chauhan at 416-847-8983 or [email protected].

About PricewaterhouseCoopers LLP

PricewaterhouseCoopers (www.pwc.com) provides industry-focused assurance, tax and advisory services to build public trust and enhance value for its clients and their stakeholders. More than 163,000 people in 151 countries across our network share their thinking, experience and solutions to develop fresh perspectives and practical advice. In Canada , PricewaterhouseCoopers LLP (www.pwc.com/ca) and its related entities have more than 5,300 partners and staff in offices across the country.

"PricewaterhouseCoopers" refers to PricewaterhouseCoopers LLP, an Ontario limited liability partnership, or, as the context requires, the PricewaterhouseCoopers global network or other member firms of the network, each of which is a separate and independent legal entity.

For further information: Kiran Chauhan, [phone], [email protected]; Nina Godard, [phone], x13520, [email protected]