NEWS
Roadmap to reopening Stage 3
As we enter step 3 in the road to reopening please note
the following updates while visiting Scotia Plaza.
Effective Friday, July 16, 2021 at 12:01 am:
* The Scotia Plaza Foodcourt remains open for takeout however seating is unavailable due to the ongoing food court renovation. Some restaurants may be open for indoor dining.
* The Scotia Plaza tenant shower facility, located in 40 King on Parking Level 1, will re-open however towel service will be unavailable.
Please be reminded that wearing a mask or face covering is required in all indoor public spaces, as per the City of Toronto - Mandatory Mask or Face Covering By-law No. 541-2020. An effective mask or face covering should cover your nose, mouth, and chin.
Masks will be required in all Scotia Plaza elevators, washrooms, stairwells, retail locations, parking garages, common areas (this includes the PATH), and tenant spaces.
Thank you for taking this additional measure by wearing a mask or face covering. This allows us all to play our part to help reduce the spread of COVID-19 and to help keep our tenants, visitors, and staff safe.
Scotiabank renews 560,000-sq.-ft. Scotia Plaza lease
KingSett Capital and AIMCo have announced Scotiabank will remain the anchor tenant at the Scotia Plaza office complex in downtown Toronto, renewing a 560,000-square-foot lease at the 40 King St. and 100 Yonge St. towers.
The renewal follows a year of planning and discussions, the co-owners say in a release, but the agreement means Scotiabank is vacating space at the top of the 40 King St. West tower. This means, “For the first time since the building’s construction, one of the best office spaces in Canada will be available for lease in 2023,” the owners say.
“We are very pleased that Scotiabank will continue to be a prominent tenant in the complex that bears its name. This renewal is a testament to how valued partners can work together to achieve a collective objective,” said Bill Logar, KingSett Capital’s executive vice-president of asset management, in the announcement Monday morning.
TORONTO OFFICE TOWER TAKES THE ROAD TO ZERO CARBON
Since it was built in the late 1980s, one downtown Toronto bank tower has stood out for its distinctive slim profile, red granite cladding and energy-conserving reflective windows.
Beyond its physical appearance, the 68-storey tower at 40 King St. W. now stands apart as Canada’s largest zero carbon certified building. In awarding the designation last year, Canada Green Building Council president Thomas Mueller said it “validates that zero carbon buildings – whether new builds or retrofits – are both technically and financially feasible for owners willing to innovate and invest in a low carbon future for Canada.”
