A proposed 60-storey tower development might be adding to Toronto’s famous skyline.
On Monday, Oxford Properties announced plans to develop The HUB, a new 1.4-million square foot commercial tower in Toronto’s South Core neighbourhood at 30 Bay Street.
According to the developers, the property is named for its proximity to the Harbour, Union Station and Bay St., and “will be a dominant fixture on Toronto’s skyline.”
The City of Toronto received the rezoning application proposal for the 60-storey tower on February 23, and it is currently under review.
Oxford Properties says they chose UK-based architects Rogers Stirk Harbour + Partners to design the HUB, and the new design structure will incorporate the historic Toronto Harbour Commission Building at Bay and Harbour Streets.