SPRING 2008 Up-to-Date BELL CANADA S NEW HEADQUARTERS, MONTREAL Nuns Island - Construction of Bell Canada's new headquarters continues on Nuns' Island, Quebec at a phenomenal pace. After starting excavation in late February 2007, the property was fully enclosed before Christmas 2007 and will be delivered on time and on budget to Bell in September 2008. "We're quite impressed with their capability to deliver......i'm looking at 3 campus projects across the country and I can say right now that this project is going up really well, and if we're not ahead of schedule we're almost right in there and that's all to the credit of Canderel and Reliance", stated Claude Bouchard of Bell Canada in a recent interview. The planned 840,000 sq.ft. LEED certified campus will be the new landmark in Montreal. Located at the junction of the Champlain Bridge and the Bonaventure Highway, just 5 minutes from the central business district of downtown Montreal, the campus is strategically located for accessibility and visibility while maintaining an open collegiate atmosphere. The campus, whose first phase of 605,000 sq.ft. is being delivered for September 2008, and the second phase of 235,000 sq.ft. in February 2009 will reunite employees who are currently situated in at least 16 different locations across the greater Montreal area. In addition to being a world class project incorporating the latest in mechanical and building systems to reduce energy and water consumption, it will also be an employee's dream. Amenities will include a daycare facility on site, a full cafeteria, coffee shops, a fitness center, a banking facility, over 2000 parking stalls below grade, green roofs, a sky bridge located 26 feet above grade connecting the 2 phases as well as 2 acres of green space in a private courtyard, all adjacent to the St. Laurent river and the city's bike path, ready for use by all Bell employees. INSIDE THIS ISSUE: Defining the Interior at Bell College Park - PhasesI&II Aura Condominiums Aura Standing Tall Against the Rest Step into a Living Work of Art Exceptional Downtown Location 1201-1215 Phillips Square The Yacht Club Condominiums at Whitby Harbour Amica at Westboro Park 770 Brookfield 2 3 4 4 5 5 6 7 8 8
PAGE 2 DEFINING THE INTERIOR AT BELL Montreal - In planning and defining the interior space of its campus, Bell has taken steps through the design process to ensure that they create an environment that promotes the spirit of collaboration, a new sense of energy and fosters productivity, motivation and fun. By creating access to natural day light for everyone, and by investing in informal meeting spaces and generous common areas, the work environment is not just functional and efficient, but also inviting and warm. 777 BAY STREET Toronto - Acquired by Canderel in October 2006, 777 Bay is a 30 storey 935,000 square foot office building with a 2 level retail concourse. 777 Bay Street is the prominent office component of the College Park development. It is strategically located at the corner of Bay & College Streets, between Toronto's financial core and the Bloor Street corridor. The property is directly connected to the remainder of the College Park complex, the TTC subway system and is one block from Queens Park, Toronto's hospital corridor and the city's MARS Medical Research Development. Furthermore, this underground link provides access to Canderel s Residences of College Park two tower condominium development, the neighbouring Liberties Condominium, and an office/retail development located at the southwest corner of Yonge and College. Built in 1983, the property features many amenities including over 900 parking spaces and an abundance of retail services. These include restaurants, medical clinics, eye care and other services, government offices, and national retailers such as Grand & Toy, Dollarama, Japan Camera, Pharma Plus, TD Bank and others. The project is co-owned with WAFRA.
PAGE 3 COLLEGE PARK - PHASE I AND PHASE II Toronto - The Residences of College Park represents the ultimate in a high rise condominium development in downtown Toronto. The project features a pair of steel and glass high-rise condominium buildings with spectacular views overlooking downtown in a prominent mid-town location. The two towers have a total of 1.1 million square feet of gross residential floor area. The north tower has 51 floors with 658 high-rise units. The south tower has 45 floors with 540 high-rise units and 12 town home units. The total unit count is 1200. The north tower is sold and construction commenced in Fall 2003 with registration occurring in Spring 2006. Phase II was launched in October 2004 to much fanfare. With record breaking sales velocity, the building's 540 suites and 12 townhomes have been sold out. Construction commenced in Spring 2005 on Phase II and occupancy began in November 2007. Phase II is one of the first developments in Toronto where people are actually moving in on their prescribed occupancy date on their original Agreement of Purchase and Sale. Usually, high rise projects are delayed for a year or even longer past their original occupancy. Canderel Stoneridge was committed to a strict construction schedule and in turn, this has made for a very happy client base. The residents, in both Phase I and Phase II, have seen their property values increase 30 to 40% since their original purchase. The reason is Canderel Stoneridge's attention to detail in construction and ensuring that each element of the building meets our stringent standards of quality. The end result is repeat business from our existing homeowners and a brand that is recognized in the industry as delivering on quality and service.
PAGE 4 AURA CONDOMINIUMS THIRD PHASE AT COLLEGE PARK Toronto - Canderel Stoneridge is in the presales stage of the Residences of College Park Phase III, a retail and condominium complex located at the northwest corner of Gerrard and Yonge Street at College Park. The project underwent the first local and international design review process ever done in Ontario. A panel of three top local architects that included Rene Menkes, Bruce Kuwabara, and Eberheard Zeidler, and two international architects, Jon Pikard and Josh Chaiken scrutinized all aspects of the building with city officials and our architects, Graziani + Corazza. Most of the projects original design remained intact with emphasis placed on the podium level where it meets the street. The result of the process has been a building design destined to be a landmark development in the city. Official approval has been received from the Ontario Municipal Board in November, 2007. Approval is for a 75 storey condominium tower standing 243 meters in height. Aura will boast 1.3 million square feet of space, 1.1 million with be devoted exclusively to residential and 190,000 square feet will be prime retail space at the podium level. The result is Canada's largest single residential tower consisting of 980 residential suites. The building will showcase the finest in amenity space, suite finishes, and environmental features. A direct underground link to the College Park complex and subway station will connect residents to over 300,000 square feet of retail without every stepping outside. Expected to launch early next year, prospective purchasers can register online at www.collegeparkcondos.com. AURA STANDING TALL AGAINST THE REST Aura building as a 90 storey tower with worldwide structures Burj Dubai Aura
STEP INTO A LIVING WORK OF ART PAGE 5 Toronto - Only a building of Aura s stature could redefine The Grand Entrance. As a prelude to Aura s main lobby, you experience a soaring, two storey, glass enclosed public gallery filled with light. Within this fifteen hundred square foot space, art and sculpture are set against a dazzling view of the adjacent 3 acre park, to one side, and a water sculpture rises from the floor to herald your arrival. Passing through the residential entrance at the far end, you enter the lobby to Aura, an intimate space of understated elegance, filled with muted tones and subdued lighting. A curved wall of glass is the backdrop for the concierge s desk and the perfect counterpoint to the bank of high speed elevators set into polished black granite, their glass doors stand open, ready to take you home. Corner of Yonge Street & Gerrard Street EXCEPTIONAL DOWNTOWN LOCATION Toronto - The property enjoys an exceptional downtown Toronto location surrounded by numerous amenities. Situated midway between Bloor/Yorkville and the Eaton Centre/Financial Core, the Property is located in the heart of a vibrant area that offers numerous fashion, shopping, entertainment, hotel and reception amenities. The Property will provide a connection to the College/Yonge subway station and will be the signature address at College Park, a dynamic mixed use development. Resident Parking and Retail Podium 5th Floor Rooftop Overlooking College Park and Gerrard Street Lobby View of College Park off Hayter Street
PAGE 6 1215 PHILLIPS SQUARE Montreal - 1201-1215 Phillips Square, located steps from prime Sainte- Catherine Street retail and the core downtown office buildings of René-Lévesque, is one of the last available downtown locations in Montreal for the construction of new office. This future development will offer tenants the opportunity to be in one of the most strategic locations in downtown Montreal as it bridges the gap between East and West and provides its tenants with easy access to the metro system and major highways such as the Bonaventure and the 720. As the market becomes increasingly environmentally conscious, 1201-1215 Phillips Square will include green technologies and will seek to obtain LEED (Leadership in Energy and Environmental Design) certification. Capacity exists for up to 900,000 sq.ft. Preliminary Design Concept Preliminary Design Concept
PAGE 7 THE YACHT CLUB CONDOMINIUMS AT WHITBY HARBOUR Whitby - Canderel Stoneridge has yet again brought its expertise in creating landmark waterfront communities to Whitby as project managers of The Yacht Club Condominiums at Whitby Harbour. The Yacht Club Condominiums are located across from the picturesque Port Whitby Marina and designed by awardwinning Kirkor Architects in a Y-shaped configuration to maximize views of the waterfront. Building amenities include a library, entertainment room, fitness room, swimming pool and a whirlpool. The Yacht Club is surrounded by parks, shopping, restaurants, a variety of recreational facilities and GO transit, just a short walk away. The project is currently over 95% sold out and construction commenced in Winter 2006. The Yacht Club Condos offer a great selection of one-bedroom, one-bedroom-plus-den and two-bedroom units from the Yacht Club Collection, and large two- and threebedroom Penthouse Residences. Suites in the Yacht Club Collection range in size from 567 to 1,130 sq. ft. and come with balconies, while Penthouse Residences also boast private balconies and range from 965 to 1,685 sq. ft. Prices range from $149,900 to $500,000, and all units include parking and a locker. All the units at the Yacht Club bear the unique creative signature of the interior design team at Hudson Kruse Designs, who have accented each modern and spacious suite with a range of elegant, standard features. The kitchens are open-concept with a breakfast island or bar (per plan) and boast custom cabinetry with laminate counter tops and ceramic tile backsplashes. Depending on the plan, the kitchens also feature one-and-a-half- or two-bowl stainless steel sinks with single lever deck mounted faucet sets. Each unit also comes standard with three appliances (frost free refrigerator, self cleaning range and dishwasher). The bathrooms are luxuriously appointed and offer custom cabinetry with cultured marble countertops, an integrated basin and ceramic tile bathtub surrounds. Each also includes a full width, full height vanity mirror and deep soaker tub. Finishes in the bathrooms of the Penthouse Residences include marble countertops and marble flooring. The kitchens offer granite countertops and upgraded cabinetry, while engineered hardwood flooring is offered in the living and dining rooms, hallways and dens. The fabulous finishes are matched only by the Yacht Club's amenities, which include a professionally landscaped rooftop garden terrace. The terrace boasts a hot tub and offers panoramic views of the Whitby waterfront. A state-of-the-art multi-media entertainment room, fitness facility, swimming pool, whirlpool, sauna and outdoor sun deck are also available. The project is uniquely situated in a treelined, landscaped area adjacent to the Whitby Harbour. Among a long list of exclusive amenities and luxurious finishes, our unique location is what truly sets the Yacht Club apart, says Soberano. To be able to enjoy the lakeside vistas from a tranquil park-like environment is a one-of-akind opportunity and, like the project itself, it's an unparalleled way to live. For more information on the Yacht Club Condominiums at Whitby Harbour, visit the Sales Office at 340 Watson St. W. in Whitby, call 905.668.6999 or visit the website at www.yachtclubcondos.ca.
PAGE 8 AMICA AT WESTBORO PARK Ottawa - Canderel has partnered with Amica Mature Lifestyles Inc. to construct Amica at Westboro Park, a $30 million, five-star retirement residence. Comprising of 138 suites, including a 29-suite assisted-living floor, this Barry Hobindesigned residence will set a new benchmark for luxury retirement living in Ottawa. Construction is presently underway and 48 suites have been pre-leased, making Amica at Westboro the company's most successful project in its history. On-site amenities will include a grand lobby, indoor swimming pool, home theatre room, English-style pub, fine dining, private dining room, spa & salon, as well as Amica's trademark Wellness & Vitality Centre. This initial development marks the beginning of a joint-venture and joint-equity partnership involving Canderel and Amica. Amica Mature Lifestyles Inc., a Vancouverbased public company, is a leading brand manager in the management, marketing, design, and development of luxury housing and services for mature lifestyles. There are currently 16 Amica Residences in Canada, with 9 more residences under development. 770 BROOKFIELD Ottawa - This high-quality 276,000 square foot design/build office development project is located on the edge of the Confederation Heights Office Park, a node rich with public service departments. This 5.4 acre site across the street from the Canada Post building provides excellent access to Riverside Drive, the Airport Parkway, and Heron Road. In addition, the nearby O-train's Confederation Station, and the Transitway's Heron Station provide alternative forms of transportation. Each of the five storeys of the building provides approximately 56,700 square feet of floor area allowing for just over a 2 per 1,000 square foot parking ratio in the current design. Increased parking could be accommodated by use of a parking structure or below grade garage. In addition to being designed to meet LEED Silver requirements, the building is within a short walk of Vincent Massey Park, Hog's Back, and Mooney's Bay, truly emphasizing the importance Canderel places on the environmental concerns of tenants. With limited land available for development within the Greenbelt, this site offers a great alternative for tenants needing to be within reach of the central business district. MOONEY S BAY HOG S BACK LOCKS HEAD OFFICE 2000 Peel, Suite 900 Montreal, Quebec H3A 2W5 BROOKFIELD ROAD 770 BROOKFIELD HEALTH CANADA SIR CHARLES TUPPER BUILDING CANADA POST NATIONAL HEADQUARTERS VINCENT MASSEY PARK Phone: 514 842-8636 Fax: 514 982-9076 info@canderel.com www.canderel.com AIRPORT PARKWAY HERON ROAD