First Canadian Place officer tower to receive a facelift
680News staff Toronto | Thursday, September 24th, 2009 7:56 am Toronto
- First Canadian Place, Canada's tallest office tower, will be receiving a $100-million makeover.
There are currently 45,000 slabs of white marble on the 72-storey home for the Bank of Montreal.
But, Brookfield Properties, the building's owner, is going to replace the marble with 7,800 panels of white glass.
The National Post reported the property, which opened in 1975, has already seen a refurbishment of some of the marble slabs, but the look has deteriorated.
Tom Farley, president and CEO of Brookfield's Canadian commercial operations, told the paper that when the company bought the property in 2005, they knew it was a fixer-upper.
If the original builder had used thicker marble, it would have lasted 100 years.
Brookfield said it will also renovate the lobby of the tower.
The National Post called the renovation another positive signal for the downtown business core, with the recent opening of the Bay-Adelaide Centre and two other office towers opening before the end of the year.
Hyrdo-Quebec are you listening??? Please renovate your POS.