SkyscraperCity Forum banner

Canadian Tire and Best Buy moving into the new Ryerson Business School Building

3905 Views 20 Replies 13 Participants Last post by  You are to blame

Bay Street's building expected by fall

The new business building is scheduled to open -- on time -- this fall. The Eyeopener's Richard Maerov took a tour of the construction site.

By: Richard Maerov

Business faculty and staff are eager to make the move from their converted brewery on Victoria Street to the state-of-the-art building on the corner of Bay and Dundas streets.

And they might even move on time.

With less than five months to go until the Aug. 25 deadline, hundreds of builders, electricians and carpenters are working around the clock to get the building finished in time for the start of the fall semester.

"They're on a very tight schedule," said Jule Mycan, project manager for Campus Planning and Facilities. "The deadline is non-negotiable."

The $75-million construction project is Ryerson's sixth new building in less than five years.

But it is the first time Ryerson has ventured west of Yonge Street, which is important to newly appointed business dean Ken Jones.

"All of a sudden we're in the downtown core. We're no longer hidden," he says, stressing the symbolism of having the business school on Bay Street, the epicentre of the city's financial district.

The nine-story building is connected to the west side of the Eaton Centre. The top three floors will house the four undergraduate business schools, the faculty's five research centres, and the new graduate business department.

Ryerson's undergraduate business program is the largest in Canada, with more than 6,200 full-time, and an additional 2,500 part-time, students.

The co-owner of the building, Eaton Centre developer Cadillac Fairview Corporation Ltd., will occupy the lower floors, reserved for several levels of parking, a Canadian Tire and a BestBuy.

Students will enter the building directly underneath from the Dundas subway station, or through the main entrance at the northwest corner of the building at 55 Dundas St. W.

To get to the top floors, they will use a set of escalators or one of three elevators.

Each floor covers 220,000 square feet and surrounds a giant 65,000- square-foot courtyard.

"It's like three Costco stores stacked on top of each other," said David Martin, director of the School of Hospitality and Hotel Management.

"It's massive."

The courtyard will feature a Japanese rock garden and one symbolic ginko tree in middle.

"It will have a peaceful, cerebral kind of feel," says Ian Hamilton, director of Campus Planning and Facilities.

Lounges and common areas look out onto the courtyard. Faculty and admininstration offices, labs, seminar rooms and offices for the business course unions and other student organizations face the street. Several 300-seat lecture halls and one massive 500-seat auditorium are also planned.

The building will have wireless internet and all classrooms will have remote-controlled screens.

But for all its bells and whistles, it doesn't have a name yet.

Adam Kahan, VP university advancement, said the university has been having discussions with a number of interested parties for naming rights. The asking price is $15 million.

"There is no deadline. It'll happen as soon as somebody agrees," Kahan said. "Hopefully sooner rather than later."

Staff and students are looking forward to leaving the old building, which they say is inadequate. They complain of overcrowding and insufficient resources.

"It's crap," said Carolyn Van, a second-year marketing student. "The washrooms are never clean, there is bad maintenance, the elevators are slow, the chairs uncomfortable and the computer labs are always too crowded."

Second-year business management student Terry Grace agrees. "The ventilation is really bad," he said. "The computer lab smells rank."

Business students are currently spread around campus. Saad Arif, a third-year accounting student, has two classes in the business building, two in the engineering building, and one in Kerr Hall.

He's looking forward to having all of his classes in one place.

"Hopefully, I won't have to keep jumping around," he said.

Hamilton is confident that the building will be finished on time.

"We have to have the building ready for academic programming in September," he said. "But the team has been great and we will make it."
See less See more
1 - 20 of 21 Posts
Naming rights for a school? I can just imagine "Ryerson Business school- brought to you by: Enron, Tyco and Worldcom"

That Best Buy and Canadian Tire thing is interesting. The Best Buy will be competing with the Futureshop just down the street.
... you do know that Future Shop is owned by Best Buy right?
Yeah, but they are still competing with each other. Unless they are going to offer different types of products at each store.
Future Shop does the commissioned Salesperson thing - "do you need help..." thing and best buy is non commissioned -
CrazyCanuck said:
Naming rights for a school? QUOTE]

Maybe they bought the rights with Canadian Tire Money!! :jk:
A lot of places have both Future Shop and Best Buy withing spitting distance of each other. The theory is that they grow sales, insteading of losing sales to each other. Also, Best Buy has some slightly more expensive product lines than Future Shop.
Yeah, there's also a Best Buy and Future Shop basically across the street from each other at Heartland Town Centre here in Mississauga (Mavis & Britannia).

The reason is that Best Buy had already secured its location at Heartland (its first location to open in Canada) before the company bought out Future Shop. I guess they decided to keep both for one reason or another. I always assumed they'd get rid of the Future Shop eventually. But they've "competed" with each other for probably 5 years now.
They'll put the stores close to each other to create the illusion of competition. They're the biggest stores, so they pretty much dictate the retail prices on items anyway. It'll be good to at least have something that will attract people to that intersection, though..
They'll compete... but that Future Shop sucks anyways.

I moved downtown from Newmarket... so I always miss having nice big box stores around.

This will be a nice addition!
I think Future Shop is moving into Metropolis when it's finsished. That one will probably be way better than their current Yonge Street location.
Any plans with the soon to be vacant future shop on yonge?
Eastside said:
I think Future Shop is moving into Metropolis when it's finsished. That one will probably be way better than their current Yonge Street location.
Oh yeah you're right Future Shop IS listed as a tenant at Metropolis.
Metroland said:
Any plans with the soon to be vacant future shop on yonge?
--- a mom and pop electronics store with t-shirts and posters sold in the basement (strip club upstairs).
urban 2.0 said:
--- a mom and pop electronics store with t-shirts and posters sold in the basement (strip club upstairs).
Are the mom and pop going to run the stripclub too? Sounds like a great
idea!!! They could take turns dancing...
Maybe Ryerson will take over that space so they can finally have their Yonge Street presence.
Mom and Pop eh? like 5 of those electronics stores are owned by the same hairy italian guy. lol
... really??? Did no know that - I'm glad to see that he likes to reinvest in his buildings.

I hate cheap people!!
Video with info about the building and renderings of the finished product:

While the building has quite a lack-lustre exterior, the interior and usage of the building will be quite interesting. Look for a business ticker on the NE corner on Dundas street and for some of the tiles on the Dundas facade to be covered in ads. I still hate the suburbanesque pre-cast detailing (Should of gone with an all-glass facade instead like the glass used on the NE corner)but it's still a good mixed-use building when complete and it adds a Best Buy and Crappy Tire to YD Square. :)
1 - 20 of 21 Posts
This is an older thread, you may not receive a response, and could be reviving an old thread. Please consider creating a new thread.