Skip to main content
1513594188
CADILLAC FAIRVIEW ANNOUNCES EXTERIOR REVITALIZATION OF CANACCORD TOWER
Apr 24, 2017

 

VANCOUVER, B.C. (April 24, 2017) Cadillac Fairview (CF) along with its partners, the Ontario Pension Board (OPB) and the Workplace Safety and Insurance Board (WSIB), are pleased to announce a comprehensive glazing replacement and a significant updating of exterior features at its 25-storey Canaccord Tower office building at 609 Granville Street, part of CF Pacific Centre in downtown Vancouver. The revitalization of the building’s façade is another example of the ongoing investment in the Vancouver portfolio.

 

The exterior renovations are expected to take place over two years and will consist of removal and replacement of over 145,000 square feet of existing window panes, the addition of new vertical glass mullions between panes and architectural metal fins to update the appearance of the building’s exterior and introduce solar shading.

 

“This project is a great opportunity to enhance the functional performance of the Canaccord Tower, as well as its aesthetic appeal,” said Cadillac Fairview’s Tom Knoepfel, Senior Vice President and Portfolio Manager, Western Canada. “By giving the tower a lighter, more crystalline and less mirrored appearance, we’ll ensure that 609 Granville maintains its position as a best-in-class building in Vancouver’s downtown.”

 

In addition to the re-glazing and replacement of the existing façade with contemporary cladding, a new framing system with a thermal insulating barrier will serve to improve and modernize the building’s weather and energy efficiency performance. The new design is also anticipated to reduce the demand for artificial lighting inside the building.

 

As an A-class, LEED-EB Gold office building, 609 Granville is a key office tower at CF Pacific Centre, and Cadillac Fairview views the revitalization project as necessary for the tower to maintain its strong position in Vancouver's increasingly competitive downtown commercial office market.

 

About Cadillac Fairview

Cadillac Fairview is one of the largest owners, operators and developers of best-in-class office, retail and mixed-use properties in North America. The Cadillac Fairview portfolio is owned by the Ontario Teachers’ Pension Plan, a diversified global investor which administers the pensions of more than 300,000 active and retired school teachers. The real estate portfolio also includes investments in retail, mixed-use and industrial real estate in Brazil, Colombia and Mexico.

 

Valued at more than $29 Billion, the Canadian portfolio includes over 37 million square feet of leasable space at 67 properties in Canada, including landmark developments, such as Toronto-Dominion Centre, CF Toronto Eaton Centre, CF Pacific Centre, CF Chinook Centre, Deloitte Tower and CF Carrefour Laval.

 

About OPB

Ontario Pension Board administers Ontario's Public Service Pension Plan, a defined benefit pension plan serving over 85,000 active, retired and deferred members and their employers. With more than $24.4 billion in assets, it is one of Canada's largest pension plans. Over the last 20 years, Ontario Pension Board has become one of Canada's leading direct owners of high quality commercial real estate.

 

About WSIB
WSIB is a statutory corporation created by an Act of the Ontario Legislature in 1914 and domiciled in the Province of Ontario, Canada.  WSIB is responsible for administering the Workplace Safety and Insurance Act, which establishes a no-fault insurance scheme that provides benefits to workers, who experience workplace injuries or illnesses.  WSIB currently manages approximately $30 billion in investment assets, including a large domestic and international real estate portfolio. 

 

Media Contact:

Janine Ramparas
Cadillac Fairview
416-598-8645

 

TORONTO, ON (April 24, 2017) - From April 23 to 29, Cadillac Fairview (CF) is celebrating its employee volunteers during National Volunteer Week (NVW).

 

Cadillac Fairview is a proud advocate of employee volunteerism across all levels of the organization. Through its internal community impact program, Building Communities, CF has seen over 350 volunteers since the program’s inception in 2014. CF is pleased to have made over half a million dollars in donations to Canadian charities on behalf of our employee volunteers.

 

CF’s philanthropy program is an important component of the company’s Corporate Responsibility strategy.  At CF we recognize the interrelationship between environmental, social and governance practices and their impact on the communities in which we operate. We channel CF’s core values and the capabilities of our people to positively impact these communities and influence change while creating value for our clients, partners and shareholder.

 

About Cadillac Fairview

Cadillac Fairview is one of the largest owners, operators and developers of best-in-class office, retail and mixed-use properties in North America. The Cadillac Fairview portfolio is owned by the Ontario Teachers’ Pension Plan, a diversified global investor which administers the pensions of more than 300,000 active and retired school teachers. The real estate portfolio also includes investments in retail, mixed-use and industrial real estate in Brazil, Colombia and Mexico.

 

Valued at more than $29 Billion, the Canadian portfolio includes over 37 million square feet of leasable space at 67 properties in Canada, including landmark developments, such as Toronto-Dominion Centre, CF Toronto Eaton Centre, CF Pacific Centre and CF Chinook Centre.

 

About National Volunteer Week

This year marks the 14th year Volunteer Canada has delivered the campaign in partnership with Investors Group to recognize Canada’s 12.7 million volunteers. Volunteer Canada focuses on building strong and connected communities to create a vibrant Canada. Volunteer Canada provides national leadership and expertise on volunteerism to increase the participation, quality and diversity of volunteer experiences. 

 

For more information, please contact:

Alanna Cobb
Cadillac Fairview
alanna.cobb@cadillacfairview.com
416-598-8621