The Latest From Peter Street

One of the more bustling development stretches is Peter Street/Blue Jays Way. So we took a stroll this week to see the latest, starting with Allied’s QRC West building, which'll total 395k SF over two construction phases. Occupancy for Phase 1 is Q4 '14; the big news out of that camp yesterday was that international entertainment company Entertainment One will be the mystery tenant we reported on in late February.

Entertainment One will set up its head office there in a “substantial commitment," according to Allied CEO Michael Emory—70k SF for 13 years, starting in June 2015, over four contiguous floors. Jake Gyllenhaal stars in the one of the current films it's distributing—Denis Villeneuve’s Enemy. (Make sure that BID gets insurance. His films often end with entire cities being destroyed.)

Another project on the stretch well into construction is the 41-storey Bisha Hotel and Residences at 56 Blue Jays Way. Lifetime Developments VP Brian Brown tells us that the firm has completed the excavation and has commenced work on the underground garage. Its tentative occupancy is late 2016. He says the size, scale, and architecture of the buildings under construction along Peter “are world class…each will have a such a dramatic impression on the fabric of the city.”

Tableau Condominiums (which will have an office component) and CentreCourt Developments’ Peter Street Condominiums (mixed-use, with retail along the base) are also in various stages of construction. CentreCourt VP Shamez Virani says it's on the 28th level and on pace to finish in December. Starbucks has signed a lease for the corner retail space, and the Toronto Arts Council will be taking retail space facing Peter Street.

Continue reading this story with a free account

Log in or register
Sign up for more articles like this
Subscribe to Bisnow's Toronto Newsletters
Related Stories

Digital Media Firm Pivots To AI, Abandons $160M Fort Lauderdale Studio Project

State Farm's 1.1M SF Suburban Atlanta Hub Put Up For Sale

Kroenke Announces $135M Renovation For Denver's Ball Arena

Build Inc. Served With Notice Of Default On India Basin Project

Iconic Jersey Shore Property Hits The Market For $85M As Redevelopment Play

Tennessee University Plans Campus In Chamblee: The Atlanta Deal Sheet

Bisnow's 2026 DEI Data Series

Lincoln Property's New Pennsylvania Head On What Types Of Deals He's Targeting

Healthpeak Secures Approval For $4.5B Alewife Project

Defense Tech Firms Setting Up Shop In Trump Family's Palm Beach Orbit

Philly's Busy Summer Created Momentum. Can The City Turn It Into Long-Term Growth?

Mesa City Council Greenlights $3B Mixed-Use Project