Waterfront Innovation Centre, Toronto — Beachfront Innovation Office Complex

The Waterfront Innovation Centre (WIC) is Toronto's most distinctive office address, a purpose-built, 475,000 sq ft Class A innovation campus on the city's eastern waterfront, steps from Canada's Sugar Beach. Developed by Menkes Developments Ltd. and BGO on behalf of Sun Life, and designed by Sweeny & Co Architects Inc., WIC was purpose-built for Toronto's technology, media, and creative sectors, and has achieved LEED v4.1 Platinum Core & Shell certification, one of the first developments in Canada to earn this designation.

The complex comprises two interconnected mid-rise buildings, The Hive (155 Queens Quay East, 11 storeys, ~38,000 sq ft floorplates) and The Exchange (125 Queens Quay East, 10 storeys, ~14,000 sq ft floorplates), unified by The Nexus: a 16,270 sq ft double-height collaboration and amenity hub that bridges the two buildings and opens directly to the public realm, Sugar Beach, and the waterfront. Seven outdoor terraces, including two accessible to the public, deliver unmatched lake views across the entire complex.

Home to world-class anchor tenants including WPP (260,000 sq ft), theScore (Penn Interactive, 80,000 sq ft), and MaRS Discovery District (~55,000 sq ft), the Waterfront Innovation Centre is approximately 92% leased. A rare remaining selection of approximately 39,000 sq ft of premium office space and 7,500 sq ft of beachfront restaurant space is currently available, offering an unparalleled opportunity for organizations seeking a next-generation waterfront address.

Purpose-Built for Innovation — Building Features & Specifications

The Waterfront Innovation Centre was designed from the ground up for organizations that demand a next-generation workplace. With 10-foot 10-inch floor-to-ceiling glass, 7 outdoor terraces, ultra-high-speed waterfront broadband, and the highest LEED sustainability rating in Canada, WIC offers a workspace experience that cannot be replicated at any other Toronto office address.

Building Highlights:

• 475,000 sq ft of Class A office and retail space across two mid-rise buildings
• Completed 2022, developed by Menkes Developments Ltd. & BGO / Sun Life
• Designed by Sweeny & Co Architects Inc.
• LEED v4.1 Platinum Core & Shell certified, one of Canada's first at this rating
• Three distinct components: The Hive (11 storeys, ~38,000 sq ft floorplates), The Exchange (10 storeys, ~14,000 sq ft floorplates), and The Nexus (16,270 sq ft shared collaboration hub)
• 10 ft 10 in floor-to-ceiling glass throughout for maximum natural light
• 7 outdoor terraces, including 2 publicly accessible, with Lake Ontario and Sugar Beach views
• Ultra-high-speed broadband fibre-optic waterfront network
• Underfloor air distribution (raised floor pressurized plenum) for superior air quality and plug-and-play cable management
• Rooftop photovoltaic solar array generating ~5% of electricity demand
• Enwave deep water cooling connection
• Rainwater harvesting cisterns
• 40 EV charging stations on-site
• 174 secure bicycle parking spots and on-site showering facilities
• 3 cafes within The Nexus
• 24,747 sq ft of ground-floor retail, including Lazy Barista, Shoppers Drug Mart, and CIBC
• 7,500 sq ft beachfront restaurant space at the entrance to Canada's Sugar Beach (available)
• High-tech conference rooms and event space within The Nexus
• On-site property management by Menkes
• Approximately 92% leased, limited office availability remaining

At the Heart of Toronto's East Bayfront Innovation District

The Waterfront Innovation Centre sits at 125 and 155 Queens Quay East — at the western edge of East Bayfront, directly adjacent to Canada's Sugar Beach and the Martin Goodman Trail. The location places tenants at the intersection of Toronto's creative waterfront community and the proximity of the downtown Financial Core — an address that simultaneously signals workplace culture, talent attraction, and urban connectivity.

Transit access continues to improve rapidly: TTC bus route 114 (Queens Quay East) operates dedicated bus priority lanes directly outside the building since June 2025, connecting tenants to Union Station in minutes. A complimentary shuttle to Union Station is also available to building tenants. Longer-term, the planned Waterfront East LRT will run along Queens Quay East — increasing the building's transit connectivity further. On-site, 174 secure bike parking spots serve the building's significant cycling commuter base, and 40 EV charging stations are available.

Nearby Amenities & Transit:

• Union Station (TTC, GO, UP Express, VIA Rail), 15-minute walk or complimentary shuttle
• TTC 114 Queens Quay East bus, dedicated bus priority lanes directly outside the building (as of June 2025)
• Waterfront East LRT, a planned future transit along Queens Quay East
• 174 secure bicycle parking spots + on-site showers
• 40 EV charging stations on-site
• Canada's Sugar Beach, directly adjacent
• Martin Goodman Trail, directly adjacent
• Lazy Barista, Shoppers Drug Mart, CIBC, in-building retail
• 7,500 sq ft beachfront restaurant space at Sugar Beach entrance (available)
• George Brown College, immediate neighbourhood
• Corus Entertainment, Pinewood Studios, East Bayfront neighbours
• Gardiner Expressway, with nearby vehicular access

Available Office Space at the Waterfront Innovation Centre

The Waterfront Innovation Centre presents a rare remaining opportunity, approximately 39,000 sq ft of premium office space across The Hive and The Exchange, alongside a 7,500 sq ft beachfront restaurant space at the entrance to Canada's Sugar Beach. Available office suites benefit from the building's full technology infrastructure, including ultra-high-speed broadband, underfloor air distribution with individual occupant-controlled diffusers, floor-to-ceiling glass, and direct access to The Nexus amenity hub. Suites are available across both The Exchange (14,000 sq ft floorplates) and The Hive (38,000 sq ft floorplates), accommodating a range of tenant sizes from growing companies to anchor-scale organizations.

Frequently Asked Questions About the Waterfront Innovation Centre, Toronto