The Bay Adelaide Centre is an office complex in the
Financial District
A financial district is usually a central area in a city where financial services firms such as banks, insurance companies, and other related finance corporations have their headquarters offices. In major cities, financial districts often host ...
of
Toronto
Toronto ( , locally pronounced or ) is the List of the largest municipalities in Canada by population, most populous city in Canada. It is the capital city of the Provinces and territories of Canada, Canadian province of Ontario. With a p ...
,
Ontario
Ontario is the southernmost Provinces and territories of Canada, province of Canada. Located in Central Canada, Ontario is the Population of Canada by province and territory, country's most populous province. As of the 2021 Canadian census, it ...
, Canada. The first phase, a 51-storey
skyscraper
A skyscraper is a tall continuously habitable building having multiple floors. Most modern sources define skyscrapers as being at least or in height, though there is no universally accepted definition, other than being very tall high-rise bui ...
known as Bay Adelaide West, was completed in July 2009. The second phase, the 44-storey Bay Adelaide East, was completed in October 2016.
A third tower, Scotiabank North Tower, opened in 2022 and serves as the new global head office of Canadian bank
Scotiabank
The Bank of Nova Scotia (), operating as Scotiabank (), is a Canadian multinational corporation, multinational banking and financial services company headquartered in Toronto, Ontario. One of Canada's Big Five (banks), Big Five banks, it is the ...
.
Description

The Bay Adelaide Centre complex currently consists of three towers. The first tower, Bay Adelaide West, was completed in 2009 entailing a floor area of and a height of or 51 storeys. It is located on the northeast corner of
Bay Street
Bay Street is a major thoroughfare in Downtown Toronto, Ontario, Canada. It is the centre of Toronto's Financial District, Toronto, Financial District and is often used by metonymy to refer to Economy of Canada, Canada's financial services indust ...
and
Adelaide Street West.
The second tower, Bay Adelaide East, entails a floor area of and a height of 44 storeys. Located mid-block between Adelaide Street West and Temperance Street, the tower has a 6-storey podium extending to the northwest corner of
Yonge Street
Yonge Street ( ') is a major arterial route in the Canadian province of Ontario connecting the shores of Lake Ontario in Toronto to Lake Simcoe, a gateway to the Great Lakes#Geography, Upper Great Lakes. Ontario's first colonial administrator, ...
and Adelaide Street West.
The third tower, Bay Adelaide North entails a floor area of approximately and a height of 28 to 32 storeys. Unlike the two other towers in the complex, the north tower is located on the north side of Temperance Street, with frontage along Richmond Street West.
The towers of the Bay Adelaide Centre are connected by an underground concourse, which extends under Temperance Street, and is connected to the
PATH
A path is a route for physical travel – see Trail.
Path or PATH may also refer to:
Physical paths of different types
* Bicycle path
* Bridle path, used by people on horseback
* Course (navigation), the intended path of a vehicle
* Desir ...
network. The underground concourse has PATH connections to
Scotia Plaza
Scotia Plaza is a commercial skyscraper in the city of Toronto, Ontario, Canada. Originally built to serve as the global headquarters of Canadian bank Scotiabank, it is in the financial district of the downtown core bordered by Yonge Street on th ...
to the south and
Hudson's Bay Queen Street
The Hudson's Bay flagship store (originally the Simpson's flagship store) is a department store building on Yonge Street in downtown Toronto, Ontario, Canada. It was designed by the Burke and Horwood architecture firm for Robert Simpson, and open ...
to the north. There is also a four-level underground garage under the complex, with vehicular access from both Adelaide Street West and Richmond Street West.
There is a public space, Arnell Plaza, located between Bay Adelaide West and Bay Adelaide East. Although Arnell Plaza is privately owned, public access has been legally secured by the City of Toronto.
Cloud Gardens
Cloud Gardens or "Bay Adelaide Park" and "Cloud Gardens Conservatory" is a small park in downtown Toronto, Ontario, Canada. It extends from the south side Richmond Street to the north side of Temperance Street, between Yonge Street and Bay Stre ...
, a public park, is located immediately to the east of the Bay Adelaide North site on land conveyed to the City of Toronto as a condition of the original development approvals for the complex.
The complex's mechanical facilities are located in a four-storey above-grade building on the southwest corner of Yonge and Temperance Streets, with retail uses to be constructed at grade as part of the Bay Adelaide East construction. In order to accommodate the construction of the Bay Adelaide East podium, the historic facades of the former Elgin Block, constructed in 1850 and 1910 and once occupied by
Holt Renfrew
Holt, Renfrew & Co., Limited (Trade name, doing business as Holt Renfrew and Colloquialism, colloquially Holt's) is a Economy of Canada, Canadian luxury department store chain founded in 1837 by William S. Henderson. The original William Ashton ...
, were disassembled, refurbished and reconstructed as the facade of the mechanical facility building.
Both Bay Adelaide West and Bay Adelaide East are designed in a
modernist
Modernism was an early 20th-century movement in literature, visual arts, and music that emphasized experimentation, abstraction, and Subjectivity and objectivity (philosophy), subjective experience. Philosophy, politics, architecture, and soc ...
style, although the historic north and west facades of the former National Building at the corner of Bay and Temperance Streets, completed in 1926, has been incorporated into Bay Adelaide West.
History
First tower proposal

The first tower development on the site was a joint project by Markborough Properties and
TrizecHahn
Trizec Properties, Inc., previously known as TrizecHahn Corporation, was a real estate investment trust headquartered in Chicago, Illinois. It was originally a Canadian company. The name is derived from the initials of the three groups (Tri) that f ...
: a 57-storey office tower to be constructed at the corner of Bay and Adelaide Streets. It was to have cost almost a billion dollars, and was the last of a series of construction projects in downtown Toronto launched in the boom years of the 1980s, when a number of massive towers were built nearby, such as Scotia Plaza.
The building caused considerable controversy among those opposed to the erection of such massive structures. The tower would have stood far higher than was allowed by the city's official plan. To gain city hall's approval, the developers committed some $80 million towards new social housing and other projects. A portion of the site was turned over to the city for use as a park that is now Cloud Gardens. Both of these deals went ahead, despite the tower never having been completed.
Construction began in 1990, but the developers soon ran into problems.
The economy went into recession and office vacancy rates in Toronto rose to 20%. Construction was halted, and in 1993, with over $500 million already invested, the project was permanently put on hold. All that was completed was the underground
parking garage
A multistorey car park (Commonwealth English) or parking garage (American English), also called a multistorey, parking building, parking structure, parkade (Canadian), parking ramp, parking deck, or indoor parking, is a building designed fo ...
and several storeys of the concrete service shaft that stood from 1991 onwards, as a monument to the failed project in downtown Toronto. The stump of the service shaft was known to security and the locals as "the bunker" or simply "the stump". The parking garage was in operation, and the stump itself was used as a surface on which to mount advertisements.
The exterior of the stump of the building was depicted as a nightclub in the opening scene of the 1996 comedy film ''
Kids in the Hall: Brain Candy''.
Subsequent proposals
There were several attempts to revive the project. In 1998 TrizecHahn briefly revived it, but another shift in the economy caused them to again pause. In 2000 there was again talk of reviving the project, but the next year TrizecHahn sold its 50% share to
Brookfield Properties
Brookfield Properties is a North American subsidiary of Commercial property, commercial real estate firm Brookfield Property Partners, which itself is a subsidiary of Alternative investment, alternative asset management company Brookfield Corpor ...
for $49 million. Brookfield was committed to completing the structure to a smaller height of either 40 or 50 storeys, but later that year the economy again soured and the project remained on hiatus.
Current development scheme

In October 2005, plans were filed with the City of Toronto to develop the property. An information sign (notice to amend the by law regulating zoning) was placed on Bay St. between 347 Bay and 355 Bay, both also Brookfield properties. The notice, in short, informed the public that three mixed-use high-rise towers surrounding an urban plaza will be built. The towers were then planned to vary in size from 43 to 50 storeys and contain an aggregate density of . Brookfield Properties had signed
KPMG
KPMG is a multinational professional services network, based in London, United Kingdom. As one of the Big Four accounting firms, along with Ernst & Young (EY), Deloitte, and PwC. KPMG is a network of firms in 145 countries with 275,288 emplo ...
and
Goodmans
Goodmans LLP is a Canadian corporate law firm. First established in Toronto in 1917 by David Bertram Goodman, Goodmans LLP now has approximately 200 lawyers. The firm acts for Canada's largest corporations, financial institutions and multination ...
as anchor tenants for the first tower, Bay Adelaide West, with
Fasken Martineau
Fasken Martineau DuMoulin LLP (doing business as Fasken) is an international business law firm with approximately 925 lawyers and offices in Vancouver, Surrey, Calgary, Toronto, Ottawa, Montreal, Quebec City, London and Johannesburg. The firm t ...
and
Heenan Blaikie
Heenan Blaikie LLP was a Canadian law firm. It practised in the areas of business, labour and employment, litigation, taxation, entertainment law and intellectual property law. The firm was founded in 1973 by Roy Heenan, Donald Johnston, and Pe ...
also taking up residence in the building.
In June 2006, both buildings on Bay Street attached to this property were emptied of tenants and by December 11, 2006, both buildings had been taken down, with the north and west facades of the National Building (347 Bay) being removed for incorporation into the new buildings. The National Building had only recently been designated a heritage building under the ''
Ontario Heritage Act
The ''Ontario Heritage Act'', (the ''Act'') first enacted on March 5, 1975, allows municipalities and the provincial government to designate individual properties and districts in the Canadian Province of Ontario, as being of cultural heritage ...
'' (Part IV). By December 2006, dismantling of the service shaft stump was complete. Construction of the
PATH
A path is a route for physical travel – see Trail.
Path or PATH may also refer to:
Physical paths of different types
* Bicycle path
* Bridle path, used by people on horseback
* Course (navigation), the intended path of a vehicle
* Desir ...
tunnel north from Scotia Plaza through the Bay Adelaide Centre started in fall 2007. Completion of this section closed the last remaining gap in the north–south route through PATH that parallels Yonge Street, thus eliminating the need to double back from Bay Street to get between buildings located on the eastern edge of PATH.
Bay Adelaide West was completed in 2009 at 51 storeys. It played a primary role in the thriller ''
Devil
A devil is the mythical personification of evil as it is conceived in various cultures and religious traditions. It is seen as the objectification of a hostile and destructive force. Jeffrey Burton Russell states that the different conce ...
'' by
M. Night Shyamalan
Manoj Nelliyattu M. Night Shyamalan ( ; born August 6, 1970) is an American filmmaker. His films often employ supernatural plots and twist endings. The cumulative gross of his films exceeds $3.3 billion globally. Shyamalan has received vario ...
, which was released on September 17, 2010. It is also featured extensively on TV show ''
Suits'', being the fictional head office of the law firm Pearson Specter Litt.
In June 2012, Brookfield announced that it planned to commence construction of Bay Adelaide East at 44 storeys and , with
Deloitte
Deloitte is a multinational professional services network based in London, United Kingdom. It is the largest professional services network in the world by revenue and number of employees, and is one of the Big Four accounting firms, along wi ...
as the anchor tenant.
In August 2018, Brookfield announced that it planned to commence construction of Bay Adelaide North at 32 storeys and , with
Scotiabank
The Bank of Nova Scotia (), operating as Scotiabank (), is a Canadian multinational corporation, multinational banking and financial services company headquartered in Toronto, Ontario. One of Canada's Big Five (banks), Big Five banks, it is the ...
as the anchor tenant. The North tower will complete the three-million-square-foot Bay Adelaide Centre campus.
Sustainable design
The development achieved LEED (
Leadership in Energy and Environmental Design
Leadership in Energy and Environmental Design (LEED) is a Green building certification systems, green building certification program used worldwide. Developed by the non-profit U.S. Green Building Council (USGBC), it includes a set of rating ...
) Gold status for the project's
environmental sustainability
Sustainability is a social goal for people to co-exist on Earth over a long period of time. Definitions of this term are disputed and have varied with literature, context, and time. Sustainability usually has three dimensions (or pillars): env ...
and will produce an estimated 40% energy savings relative to other buildings.
[- LEED Gold](_blank)
/ref> The LEED rating system recognizes leading-edge buildings that incorporate design, construction and operational practices that combine healthy, high-quality and high-performance advantages with reduced environmental impacts.
Communications
Bay Adelaide Centre is the first mixed-use, commercial real estate building in North America to launch a mobile app aimed to communicate directly with tenants in the building.
See also
* List of tallest buildings in Toronto
Many of the tallest buildings in Toronto are also the tallest in all of Canada. The tallest structure in Toronto is the CN Tower, which rises . The CN Tower was the List of tallest buildings and structures, tallest free-standing structure on land ...
* List of tallest buildings in Canada
This is a list of the tallest buildings in Canada. As of December 2024 there are a total of 157 completed and under construction buildings in Canada with an official height of or more. Greater Toronto has 87 (Toronto 84 (including the six tallest ...
* Cloud Gardens
Cloud Gardens or "Bay Adelaide Park" and "Cloud Gardens Conservatory" is a small park in downtown Toronto, Ontario, Canada. It extends from the south side Richmond Street to the north side of Temperance Street, between Yonge Street and Bay Stre ...
References
External links
*
*
{{Toronto skyscrapers
Skyscraper office buildings in Toronto
Path (Toronto)
Office buildings completed in 2009
Leadership in Energy and Environmental Design gold certified buildings
Leadership in Energy and Environmental Design certified buildings in Canada
Brookfield Properties buildings
WZMH Architects buildings
Neomodern architecture