Hines and 3XN celebrate next milestone for waterfront development

International real estate firm Hines has begun speculative construction on the workplace component of their Bayside Toronto master-planned waterfront community. The groundbreaking for T3 Bayside - which stands for Timber, Talent and Technology - took place with a small gathering at the site, including federal and provincial ministers alongside city Mayor John Tory. The buildings were designed by 3XN, after the studio emerged as the winner of an international design competition.

The first of two twin, heavy timber office buildings at Bayside Toronto, T3 Bayside will be constructed using an innovative and sustainable mass timber structure. At full completion, the buildings will feature over 500,000 square feet of office space. “With the groundbreaking of T3 Bayside today, we deliver on the commitment we made to Waterfront Toronto and to the City of Toronto to bring employment use to the water’s edge,” says Avi Tesciuba, senior managing director of Hines. “We are humbled and proud of the role Bayside has played in kick starting a whole wave of development along the eastern waterfront as we deliver a truly mixed-use community that will also include affordable rental housing, a day care facility and a recreation center.”

Once complete, the Bayside Toronto scheme will include two million square feet of new residential housing, including market condominiums and affordable housing, modern office space, shopping and restaurant destinations and cultural venues, along with a newly activated and engaging public realm. “The work we do focuses on building complete communities,” added George Zegarac, President and CEO of Waterfront Toronto. “We are building a waterfront where everyone can access the water, lush green park spaces to enjoy, places for all kinds of families to call home. T3 Bayside is a great example of the innovative approach we have taken over the past two decades to promote environmental sustainability as part of the foundation of our development projects.”

Lucy Nordberg
TenderStream Head of Research

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