The Simpson Tower, located at 401 Bay Street, is the 38th-tallest building in
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.
Completed in 1968 by John B. Parkin Associates and Bregman & Hamann, as the headquarters of the
Simpsons department store
A department store is a retail establishment offering a wide range of consumer goods in different areas of the store under one roof, each area ("department") specializing in a product category. In modern major cities, the department store mad ...
company, it has 33 floors and is high.
[ In 1978, as part of a corporate takeover, the Simpson Tower became the property of the ]Hudson's Bay Company
The Hudson's Bay Company (HBC), originally the Governor and Company of Adventurers of England Trading Into Hudson’s Bay, is a Canadian holding company of department stores, and the oldest corporation in North America. It was the owner of the ...
. The building today remains the head office of HBC and also houses the head office of subsidiaries Hudson's Bay and Home Outfitters. It is adjacent to the historic Simpsons store at Yonge and Queen, which includes Arcadian Court. Today the store is the flagship for Hudson's Bay, is integrated with the Eaton Centre across Queen Street, and is the home of Toronto's comprehensive health centre.
In January 2014, Hudson's Bay Company announced it would sell the tower and adjacent store to Cadillac Fairview
The Cadillac Fairview Corporation Limited, branded as Cadillac Fairview, is a Canadian company that invests in, owns, and manages commercial real estate, mainly in Canada and the United States. As of March 2017, the company had 73 properties, enco ...
and lease the site for 25 years.
The tower was reclad in 2017.
References
{{Coord, 43.651987, N, 79.381229, W, region:CA-ON_type:landmark, display=title
Skyscraper office buildings in Toronto
Office buildings completed in 1968
Modernist architecture in Canada
Hudson's Bay Company
Headquarters in Canada
1968 establishments in Ontario