Brookfield Place – Toronto, ON
Brookfield Place can simply be defined as an office system, which is located in downtown Toronto, Canada. This building covers a total land area of 5.2 acres. It is bounded by the Front Street, Wellington Street West, Yonge Street and Bay Street. It is the home to a large number of offices that are based in Ontario as well. In addition, it houses the Hockey Hall of Fame.
This office tower consists of 49 different stories. It is designed by Hamann and Bregman architects. The construction activities of this building completed back in 1992. TD Canada Trust Power played a major role in the construction activities. It has been able to maintain a solid reputation for the spire and recessed design on the upper levels of the building.
Brookfield Place was initially called as the Canada Trust Tower. However, the name of it changed back in the year 2000. In fact, the Toronto Dominion Bank purchased Trust Tower in 2000, which resulted in the name change. The TD logo was displayed on this tower until 2015 as well.
Brookfield Place is located in the main financial district of Canada. As a result, the offices that are located within this building contribute a lot towards the economy of the country as well. At the moment, this building is considered as the headquarters of Brookfield Office Properties. It is being owned by the Bay Wellington Tower Section. The building was owned by Ontario Municipal Employees Retirement System until late 2012. But by early 2013, it was made available for the investors. In other words, the ownership was reduced by OMERS by 50%. 50% of this building was then sold at a price of $465 million at that time. It was one of the biggest investments that have ever taken place in Ontario as well. In other words, the building was sold at a price of $750 per one square foot. It was even considered as a record in the commercial property market in Canada.
Brookfield Place has become one of the major tourist attractions in the area as well. Allen Lambert Galleria has contributed a lot towards its popularity among tourists. It is also considered as the crystal cathedral of commerce by the community. This is an atrium that was designed by one of the Spanish architects named Santiago Calatrava. Brookfield Place connects to the Bay Street as well. This is one of the highly photographed places that you can see in Toronto as well. The parabolic arched roof has transformed this place into a unique and a beautiful one.
The presence of Hockey Hall of Fame has also contributed a lot towards the popularity of Brookfield Place among tourists. It is equipped with a large number of portraits that display Hall of Fame inductees. In addition, you will be able to find a large number of hockey trophies inside Brookfield Place. They include the Stanley Cup trophy as well.
By Linda S