MaRS Discovery District Phase II (661 University Ave / 101 College St) | Complete | 23 st | 113 m | Discovery District
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According to todays Globe (page A11) "next week directors of the non-profit MaRS discovery district are scheduled to announce a private-sector investment of more than $300 million to complete the second phase..."
"The new building will more than double the laboratory and office space available in the complex, making it bigger than any single office tower in the financial district...." It will grow to 1.6 million square feet by 2010. And the best part, "the potential market for research-oriented office in that district, five minutes from the hospitals in one direction, five minutes from the university in the other, is as much as 10 million square feet according to city economic-development officer Kyle Benham.
"The new building will more than double the laboratory and office space available in the complex, making it bigger than any single office tower in the financial district...." It will grow to 1.6 million square feet by 2010. And the best part, "the potential market for research-oriented office in that district, five minutes from the hospitals in one direction, five minutes from the university in the other, is as much as 10 million square feet according to city economic-development officer Kyle Benham.
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Excellent news for the health of the city! The stronger we get in Research and Development, the better.
There is NO better thing to become a leader in. Beats call centres any day.
I'm not up to date on the subject, but I was under the impression that Toronto was doing extremely well in that area... has something changed?
Got it in one! :cheers:
That is my point, entirely.. call centres provide "jobs", just like fast food places do.. but it is better for a city to go after R&D than more call centres. Pharmaceuticals is another good field to try and attract.
You are absolutely correct. Canada's Silicone Valley has been and still is in Richmond Hill and Markham. Ottawa made quite a bit of hay for itself by claiming the title, but everyone in the industry quietly knew it was here.
Montreal very wisely has cultivated the pharmaceutical companies over the decades. Toronto has played catch-up by being strong in the generic ones.
Current, you are progressing in leaps and bounds with your photography... really nice to see it happen! 
^^ agreed. I find the idea of the burgeoning research community in Toronto to not only be exciting, but it bodes well for the future of our downtown.
Wonder if Steven Hawking is going to jump to Waterloo, as they are suggesting in the press lately.
Wonder if Steven Hawking is going to jump to Waterloo, as they are suggesting in the press lately.
Even if he has every intention of moving, his staff would automatically say he was not. That is always the case until deals are signed, as he is currently employed in Britain.
you are doing a brilliant job, current. We all owe you a beer at the next meet up!
Ouch... let's hope for the best that there are not too many casualties.
? I think you are confusing me with someone else. I have never even mentioned recession.
This is the stuff that the R thread was made for, by the way.
Couldn't Mississauga start up their own project instead of poaching MaRS? I guess that is the extent of "innovation" and "cooperation" in this country.
FutureMayor will be in tears! :lol:
Probably a relative of the Dried Apple Doll mayor.
Probably a relative of the Dried Apple Doll mayor.
Which by my reckoning should be somewhere around 2084, give or take a month! :lol:
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