|Location:||Yonge & Queens Quay
|Project Scope:||1 Office Building
5 Condominium Towers
A Public Elementary School
A 2-Acre Public Park
The Sugar Wharf community will be a new mixed-use waterfront community developed by Menkes Developments. It will be located on an 11.5-acre land at the northeast corner of Queens Quay East and Freeland Street, one block east of Yonge Street. The Sugar Wharf development will consist of an office building, 5 condominium towers, retail space, a new public elementary school and a new 2-acre public park. Currently, the site is occupied by the Liquor Control Board of Ontario (LCBO) with three buildings, a retail store, a four-storey office building and a warehouse facility.
The prominent location offers both the exciting lifestyle benefits of being on the waterfront, as well as convenient access to all the amenities of the downtown core. The Sugar Wharf community will have direct indoor access to the Union Station and the PATH. The Financial District is simply within a 10-minute walk.
The ground-breaking ceremony for the Sugar Wharf office building at 100 Queens Quay East was held early January 2018. Mayor John Tory was at the ceremony, remarking that “This development represents confidence in our city. I want to thank Menkes and partners for helping reimagine Toronto and build up the city. Dynamic developments like this make Toronto attractive for jobs and investment and reaffirms why we’re the best place in the world to live, work, play, and invest.” The office building will bring 690,000 square feet of commercial space to the site when it opens in 2021, with approximately 615,000 square feet for offices and 75,000 square feet for retail. LCBO is confirmed to be an anchor tenant and will occupy approximately 200,000 square feet of office space, while at street level a 25,000 square feet flagship LCBO retail store will replace the store currently occupying the west end of the redevelopment site.
Phase 1 of the Sugar Wharf Condos will be located at the quadrant of land behind the office building. There will be 2 condominium buildings currently proposed to be 64 and 70 storeys.
On the quadrant of land behind the public park will rise the phase 2 of the Sugar Wharf Condos, as well as the public elementary school. The phase 2 condos will consist of 3 towers currently proposed at 77, 87, and 90 storeys.
Bitter winds and harsh climates are an inescapable fact of Canadian living. And when the cold is a predominate part of life, connectivity becomes a much sought-after luxury. Perhaps more than ever before, people are looking to invest in communities where everything they need comes with convenience – sans slush and cutting wind. Enter Toronto’s indoor PATH pedestrian system – the world’s largest underground shopping complex. On cold winter days you can walk to work, do your banking, visit the doctor and even see a movie without ever having to set one foot outside.
This 30-kilometre network, rivaling West Edmonton Mall in size, includes 1,200 shops and services, restaurants, and endless entertainment; the epitome of convenient urban living. The PATH is truly the heart of Toronto’s ﬁnancial and entertainment districts, with connections to 80 buildings, 6 downtown subway stations, 9 hotels and tourist destinations like the Air Canada Centre, Metro Toronto Convention Centre, Toronto Eaton Centre shopping centre, and CN Tower. As Toronto continues to thrive, its global appeal is helping it attract more than 100,000 new residents per year, and many of these people want to work and live downtown. Given this rapid growth, it’s no wonder that the world’s largest underground city is about to get even bigger as well. As part of the new Sugar Wharf community by Menkes, the PATH network is set to expand east of Yonge Street, into the downtown waterfront’s South Innovation District.
Menkes is reimagining Toronto’s Downtown Waterfront with Sugar Wharf Condominiums, part of an 11.5-acre community that will include luxury residences, oﬃ ces, restaurants and shops, a two-acre park, and new school. Once complete, Sugar Wharf will be the largest mixed-used development on the Toronto Waterfront; home to 7,500 residents and 4,000 office workers.
The comprehensive project aims to seamlessly connect residents and office workers to all parts of the downtown core through the PATH, adding to the 5,000 people who already work in the PATH and over 200,000 commuters that pass through it daily. The PATH also provides access to Union Station, the largest transit hub in the Greater Toronto Area, with connections to the TTC subway, GO Train, Via Rail, and the UP (Union Pearson) Express. Residents living at Sugar Wharf on the PATH will be able to take advantage of the UP Express to travel to Pearson International Airport in a quick 25-minute ride. Traveling to your dream tropical destination during the winter months will be easier than ever before. Imagine being able to wear shorts and a t-shirt from home right up until the moment you board your ﬂ ight without ever putting on your 10-pound winter jacket!
With Sugar Wharf’s PATH extension, it will be possible to walk indoors from the waterfront, all the way to Toronto’s world class Financial District. Equally connected to the city as it is to nature, Sugar Wharf will revolutionize how Torontonians live, work and play.
Menkes Developments has a 60-year history and is well-known to be a top developer in Toronto with outstanding quality. Menkes has just completed the Harbour Plaza Residences at 88 and 100 Harbour Street. The Harbour Plaza Residences is located just south of the Air Canada Centre and features a direct indoor access to the Union Station and the PATH.
CondoWong and Menkes has a long history of relationship as we share the same vision of bringing outstanding quality and superior value in real estate to our clients. A good relationship with the Menkes sales team is just the beginning, we also work very closely with Menkes Customer Care and MenRes Property Management to bring you a 5-star experience from the moment you sign your purchase agreement till you get the key and become a happy resident/investor of your unit!