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.
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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