A Rare Building Boom Up North

By ALBERT WARSON

Published: October 13, 2009

TORONTO — The financial district of this city, the fifth-largest metropolitan area in North America, with a population of 5.4 million, is the scene of an exceptional flurry of development, especially in light of the recession.

Three green towers with a combined 3.1 million square feet of office space are opening before the end of the year in the downtown financial district. In addition, within a 20-minute walk, three high-rise condominium-hotel towers costing about 1.23 billion Canadian dollars (about $1.19 billion) will open next year. [Read more]