News Pick – Oxford Properties and startup incubator team up to create a new Toronto innovation district on Front Street – G&M

Innovation District

April 9, 2017 – “Oxford Properties Group and technology startup accelerator OneEleven are aiming to turn Toronto into the next San Francisco with Union Park, a long-term redevelopment of Front Street meant to transform it into a downtown innovation cluster. The linchpin in the plan is the official reopening in June of 325 Front Street West, a cavernous 250,000-square-foot space that used to serve as an RBC data centre. The five-storey building, currently in the midst of renovations, will eventually house hundreds of high-growth startups and development labs for blue-chip companies. ‘It’s a catalyst for the innovation community,” said Oxford Properties executive vice-president Michael Turner. “We think we can bring all of it together to do something that is totally unique to this city.'” Read more at The Globe and Mail