Welcome To

212 King
Street West

212 King Street West

Our vision creates a new model for urban life – taking advantage of its location at the nexus of Toronto’s Financial District and King-Spadina neighbourhood to support a truly mixed-use development. The design draws inspiration from the history, materiality and rhythm of the heritage buildings to generate a uniquely contemporary architectural interpretation.

View looking north up Simcoe St with Roy Thomson Hall in the foreground.

Our Vision

A True Mixed-use Tower

212 King Street West (comprised of 212, 214, 220 King Street West, Toronto) is proposed to be a truly mixed-use tower development with vertically stacked uses that will be home to 900 residents and 6,000 office workers. The building meets the objectives of the city’s Downtown Plan which promotes complete communities, transit-oriented intensification and heritage conservation. The new building sits above the existing heritage buildings and revitalizes the ground floor with active retail and civic uses.

212 King Street West is a proposed 1.1 Million sq. ft. iconic development that will deliver approximately:

Rental Units

~ 100

SF of Office

~ 1

Sf of high-quality retail

View looking north up Simcoe St with Roy Thompson Hall in the foreground.

View looking north-west along King Street.

The Community

King Street Public Realm

The conceptual approach to the public realm builds upon the King Street Transit Corridor pilot project objectives and permanently reclaims a portion of the right-of-way for the pedestrian realm. The widened sidewalk creates opportunities for outdoor café space, enhanced pedestrian circulation, street furniture and planting.

View looking north-west along King Street.

The design is flexible to allow for day-to-day city life as well as being able to host special events where the entire street is opened to pedestrians.

View looking north-west along King Street during a street festival.

View looking south from within the atrium and Roy Thomson Hall in background.

Civic Moments

212 King Street West will include a civic scaled atrium that will also serve as the lobby for the office building. The atrium is designed to activate the building year round, adaptable to host special events and connect to the PATH. In addition, the atrium will extend access to heritage building rooftop spaces, providing vantage points to Roy Thomson Hall, David Pecaut Square, the downtown core and beyond.

Office Space Designed for Today & Tomorrow

212 King Street West will support approximately 6,000 new office and retail jobs in the King-Spadina & Financial District neighbourhoods with 670,000 sq. ft. of commercial space. Not only meeting the needs of today’s employer, the office component is designed to be resilient in the face of current and future changes to the employment landscape.

Indoor and Outdoor Amenity

Flexible and Contiguous Floor Plates

Wellness & Sustainability

Proximity to Transit

Proximity to Talent

Retail

New Housing Supply

212 King Street West will be home to 588 units of rental housing to support Toronto’s growing population and employment base. A full range of unit sizes are proposed, including 35% family oriented 2- and 3- bedroom units. Toronto is one of the fastest growing cities and economies in North America with a pre-pandemic housing vacancy rate of 1%, which is driving the need for purpose-built rental housing.

1 %

Of Population Rents

As per Statistics Canada, 2016 Census of Population, approximately 47% of residents are renting their homes as opposed to owning.

Rental Projects

Only 34 rental projects (~6,700 units) were built in the GTA since 2005.

1 %

Purpose-built Rentals

There is a significant shortage of purpose built rental, with this development type having only accounted for 6% of the total development pipeline between 2011 to 2016 (Toronto Housing Market Analysis, 2019).

1 %

Vacancy Rate

Toronto has one of the lowest vacancy rates in Canada at 1.1% (CMHC, 2019).

View looking north-west along King Street.

Adding to The Vibrancy of our City

212 King Street West has been designed to build upon its neighbourhood context and rich heritage attributes. We have taken great care to respond to city policy including the goals and objectives of the Downtown Plan and feel the building represents good planning that delivers a number of city-building benefits to Downtown Toronto. We’re committed to city building and the future of Toronto for its residents and businesses.

Intensifying an important transit node within Downtown

Establishing a landmark, true mixed-use building at a key node of Downtown Toronto

Conserving and enhancing the heritage character

Delivering purpose-built new rental housing

Contributing to significant new office development

Supporting a more active and attractive public realm

The Neighbourhood

Live Connected

212 King Street West is located at the heart of Downtown Toronto, where everything comes together at the intersection of the Financial District and the King-Spadina neighbourhoods.

Situated along the King Street Transit Priority Corridor, the site enjoys great transit connectivity via the 504 King streetcar, is a 2-minute (100m) walk to St. Andrew Subway Station, and is a 7-minute walk to Union Station.

The development is directly adjacent to the Simcoe Street cycle track, and will provide a new access point to the PATH, enhancing connectivity to a weather protected pedestrian network that travels throughout the Downtown.

Intersection of King-Spadina & Financial District

The area is at the cultural heart of the city and has a number of cultural Spaces, theatres, and public squares in close proximity.

1. Royal Alexandra Theatre

2. TIFF Bell Lightbox

3. Scotiabank Arena

4. Roy Thomson Hall

The Design

Celebrating Heritage Through Design

Celebrating 3 prominent early 20th Century heritage
buildings, 212 King Street West creates a new model for urban life – taking advantage of its location at the nexus of Toronto’s Financial District and King-Spadina neighbourhood to support a truly mixed-use development. The design draws inspiration from the history, materiality and rhythm of the heritage buildings to generate a uniquely contemporary architectural interpretation.

Newspaper image of the new CGE building at King and Simcoe c 1908

City of Toronto Archives Fonds 1488, Series 1230, Items 2485

Toronto Archives

The richness and strength of the heritage buildings are
celebrated through the sensitive detailing of the building above as it floats delicately above, allowing for ample light to soak the new atrium space that reinvigorates the former laneway between 212 and 214 King Street West.

The Owners

Dream Office REIT

Dream Office REIT is a premier office landlord in downtown Toronto with over 3.5 million square feet owned and managed. We have carefully curated an investment portfolio of high-quality assets in irreplaceable locations in one of the finest office markets in the world. We intend to enhance these properties to elevate their desirability to tenants and investors, and improve the overall community experience.

330, 350 & 360 Bay Street, Toronto

2200 Eglinton Avenue East, Scarborough

250 Dundas Street West, Toronto

72 Steeles Avenue West & 7040 Yonge Street, Vaughan

Donald Cousens Parkway, Greensborough, Markham

217 Adelaide West, Toronto

Humbold Properties

Humbold Properties is a 3rd generation family-owned real estate development company. For five decades, Humbold has owned, managed and developed property across the Greater Toronto Area. Its portfolio includes office, retail, industrial and land development.

The Team

Midtown Center, Washington

American Copper Buildings, Manhattan

9 DeKalb Ave., Brooklyn

Shop Architects

SHoP Architects is a New York based architecture firm established in 1996 that is actively engaged in a large number of high-profile projects around the world. The firm’s approach to design respects history and neighbourhood context and has proven very successful in achieving great results on high profile urban sites. SHoP has designed many buildings that have been recognized globally as significant architectural icons and has won numerous international awards for its work.

Adamson Associates Architects

Adamson Associates is a Toronto-based architecture firm established in 1934, with offices in New York, Los Angeles, and London. Adamson Associates has won numerous prestigious design awards and have created some of the world’s most iconic, globally recognized buildings that have become beloved landmarks.

Hearst Tower, New York City.

Heritage

Landscape

Planning

Transportation

Municipal Infrastructure

Energy/Wind/Noise

Environmental/Hydrogeological/ Geotechnical

Public Engagement

Arborist

Archeology

Mechanical

Structural

Rendering

Electrical

Architect

Executive Architect

Next Steps

Timeline

We are in the early stage of the planning process for 212 King Street West and there are number of opportunities to provide feedback on the proposal. We are committed to engaging the community throughout the planning process. We anticipate the following next steps as part of the public approval process for the propose development.

We anticipate the following project timeline for the development process:

2020

1

Submit Official Plan and Zoning By-law Amendment applications

2

Public Open House

3

Application review – ongoing by city staff

4

Public consultation & application revisions

5

City council decision

2022+

2

Public Open House

4

Public consultation & application revisions

2022+

Town Hall meeting

January 25, 2021

Project Information & video recording of the Town Hall have been made available.

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Thank you for being part of

212 King STREET West

Thank you for helping us shape the future of 212 King and the future of our city. We look forward to engaging you throughout the planning process.

Illustrations are artist’s concept. Specifications are subject to change without notice. E.&O.E. December 2020.