Intact Centre

Last updated
Intact Centre
Pharmacy and hydro buildings Toronto.jpg
Intact Centre with the Leslie L. Dan Pharmacy Building to the right
Intact Centre
Former names
    • Hydro Place,
    • Ontario Hydro Building,
    • Ontario Power Building
General information
Type Office building
Architectural styleInternational
Address700 University Avenue
Town or city Toronto, Ontario
CountryCanada
Coordinates 43°39′32″N79°23′29″W / 43.658876°N 79.391273°W / 43.658876; -79.391273
Completed1976
Opened1976
OwnerKingSett Capital Inc.
Technical details
Floor count20
Floor area113,898 m2 (1,225,990 sq ft)
Lifts/elevators17
Design and construction
Architect(s)Kenneth Raymond Cooper, Kenneth H. Candy
Architecture firmGordon S. Adamson and Associates
Awards and prizesBOMA Canada 2020 TOBY
DesignationsLEED Gold, Fitwel 1 Star, BOMA BEST Gold, WiredScore Platinum, WELL, Rick Hansen Foundation Accessibility
Other information
Public transit access TTC - Line 1 - Yonge-University-Spadina line.svg Queen's Park

The Intact Centre is an office building located in Toronto, Ontario, Canada that serves as the head offices of Ontario Power Generation (OPG) and Intact Financial. It was originally built in 1975 for Ontario Hydro (of which OPG is a successor company) and has been previously known as Hydro Place, Ontario Hydro Building and Ontario Power Building. The building is owned by Triovest.[ citation needed ]

Contents

In 2015 the Minister of Energy directed OPG to sell 700 University Avenue and the parking garage at 40 Murray Street in Toronto. Following a procurement process run by Infrastructure Ontario, OPG announced the sale of 700 University and the 1528-stall parking garage at Murray Street in January 2017. As part of the transaction, OPG will lease back four floors plus ancillary space. The net proceeds from the transaction were transferred to Ontario's Trillium Trust which helps to fund transit, transportation and other key infrastructure projects in the province. [1] [2]

See also

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References

  1. "KingSett Canadian Real Estate Income Fund LP Agrees to Purchase OPG Head Office Property" (PDF). OPG.com. OPG. Retrieved 16 December 2024.
  2. "OPG sells two properties in Toronto to KingSett Canadian Real Estate Income Fund | Work | Torys LLP". www.torys.com. Torys LLP. Retrieved 16 December 2024.