First Capital Realty has received a Gold Maple Leaf Award for Design and Development Excellence at the meeting of the International Council of Shopping Centres (ICSC). The award recognizes the design of Leaside Village shopping centre on Laird Drive and the public spirited work of restoring the railway maintenance building which now houses Longo’s (inset top). The Canadian convention was held this week at the Metro Toronto Convention Centre. First Capital is a large international real estate investment trust (REIT) which has made purchases locally such as the former CIBC building at 180 Laird Interestingly the former bank remains vacant seven months after it was purchased. Although a modest structure by the standard of 1930s bank buildings, 180 Laird does have a well-preserved coat of arms of the bank’s builder, the Imperial Bank of Canada, over the front door (inset). The building stayed in the bank’s family until this year’s sale even after the Imperial merged with the Bank of Commerce in 1960 to create the CIBC. Some think First Capital’s interest in the building is as a foothold looking toward the redevelopment of the west side of Laird Drive south of McRae Drive. First Capital are also the owners of Hazelton Lanes in Yorkville. First Capital wins award for Leaside Village
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First Capital Realty has received a Gold Maple Leaf Award for Design and Development Excellence at the meeting of the International Council of Shopping Centres (ICSC). The award recognizes the design of Leaside Village shopping centre on Laird Drive and the public spirited work of restoring the railway maintenance building which now houses Longo’s (inset top). The Canadian convention was held this week at the Metro Toronto Convention Centre. First Capital is a large international real estate investment trust (REIT) which has made purchases locally such as the former CIBC building at 180 Laird Interestingly the former bank remains vacant seven months after it was purchased. Although a modest structure by the standard of 1930s bank buildings, 180 Laird does have a well-preserved coat of arms of the bank’s builder, the Imperial Bank of Canada, over the front door (inset). The building stayed in the bank’s family until this year’s sale even after the Imperial merged with the Bank of Commerce in 1960 to create the CIBC. Some think First Capital’s interest in the building is as a foothold looking toward the redevelopment of the west side of Laird Drive south of McRae Drive. First Capital are also the owners of Hazelton Lanes in Yorkville. 