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25 York goes for the Gold
19 Feb, 2008, Toronto
Menkes landmark development seeks higher LEED status
Menkes Developments Ltd. announced today it will seek Leadership in Energy and Environmental Design (LEED) Gold status for its landmark development at 25 York Street – moving beyond its original plan for LEED Silver.
LEED status is designated by the Canada Green Building Council, which promotes environmentally responsible technologies. LEED building projects are evaluated in six categories: sustainable sites, water efficiency, energy and atmosphere, materials and resources using as much local and recycled content as possible, indoor environmental quality, and innovation and design process.
Menkes made the decision to seek the higher standard in consultation with the property’s architect, engineers and leasing team.
“We weren’t just looking to build another commodity downtown,” said Peter Menkes, President Commercial and Industrial development. “We have always wanted to be able to provide a product that supports a healthy and vibrant city.”
Designed by Adamson Architects with support from Sweeney Sterling Finlayson & Company, the 780,000 square feet, 30-storey building will house an advanced heating and cooling system delivered via a raised floor distribution network which will reduce the cost of energy to heat and cool the building by up to 60 percent.
The building is designed to allow more natural light penetration into the workplace environment with 10’8” floor to ceiling clear glazing. Energy saving measures also include high-performance windows and high-efficiency lighting systems. A built-in cistern will collect and recycle rain water for use in non-drinking water systems. Combined, the building’s high performance design provides tenants with substantially reduced costs while increasing employee satisfaction and productivity.
The downtown site was chosen for many “green” reasons, including its direct connection to Union Station, Canada’s largest public transportation hub, which will offer tenants convenient access to multiple and regularly serviced public transit options, including TTC, GO transit and commuter rail lines. The building is also ideally located to take advantage of Toronto’s redeveloped waterfront and will in turn promote the waterfront’s continued development.
“This is a building that will be a showpiece for environmental sustainability and progressive design,” said Menkes. “It promises to set the standard for green development in the city of Toronto.”
25 York Street is represented exclusively by Cushman & Wakefield LePage.
Cushman & Wakefield LePage is the Canadian operation of Cushman & Wakefield, the world’s largest privately owned commercial real estate services firm with more than 12,000 professionals in 215 offices in 56 countries. The firm delivers integrated solutions by actively advising, implementing and managing on behalf of landlords, tenants, and investors through every stage of the real estate process. These solutions include helping clients to buy, sell, finance, lease, and manage assets. Cushman & Wakefield also provides valuation advice, strategic planning and research, portfolio analysis, and site selection and space location assistance, among many other advisory services. To find out more about Cushman & Wakefield, visit www.cushmanwakefield.com
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