Real Estate listings near Corus Quay

Corus Quay, originally named First Waterfront Place, is an eight-storey commercial office tower located on a 2.5-acre (1.0 ha) waterfront site in Toronto, Ontario, Canada. The $160 million building is the first major development planned for the East Bayfront Precinct, and completed construction at the foot of Jarvis Street. Corus Quay is Corus Entertainment's new Toronto headquarters, consolidating its 10 locations and 1,200 employees into one site. The building was being developed by the Toronto Economic Development Corporation (TEDCO), a city agency. Funding for the project came from TEDCO's equity, city loans and a $12.5 million contribution from the city contributed via Waterfront Toronto. The building is intended to be an important public destination as well as provide a range of housing and commercial opportunities. No residential or education facilities could be built near the existing Redpath Sugar plant until TEDCO's Corus building buffered the new development from the old industrial uses. However, many aspects of the project have been mired in controversy. Corus Quay is located near the previous site of the Waterside Sports Tennis Club, which is looking for a new location "waterside". But as neither the city nor Waterfront Toronto found an alternative site, Waterside Sports had to close down and went out of business. In addition to Corus' business operations, the facility also houses the company's television and radio operations in Toronto, including the studios of radio stations CFMJ, CFNY-FM and CILQ-FM.