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Developers Move Ahead on 50-Storey Office Tower Set for 2024 Completion

Second Tower at CIBC Square Enters Construction Phase in Toronto's Financial District
Artist rendering depicting the two towers in CIBC Square on Toronto's skyline. (CoStar)
Artist rendering depicting the two towers in CIBC Square on Toronto's skyline. (CoStar)
By Kristen Jagdeo
April 5, 2021 | 4:38 P.M.

Demonstrating confidence in the future of Toronto's office market, Ivanhoé Cambridge and Hines announced they have begun construction on the second tower planned in their CIBC Square project. This second tower will take approximately three years to be constructed, with completion scheduled for April 2024. 

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