Development

Brookfield Properties holds interests in 16 million square feet of high-quality, centrally-located development properties within its core markets. Presently, 15 development and redevelopment sites total 16.5 million square feet of buildable density. These projects, acquired over time for value, are at various stages of construction and planning. As the economy continues to rebound, supply constraints will provide new opportunities for Brookfield Properties to create long-term value through development of the projects as our risk-adjusted return hurdles and pre-leasing targets are met.

 
Ninth Avenue
New York, New York
Phase
Pre-development

Square Footage:
5,400,000

A super block along Ninth Avenue, Brookfield Properties' site extends from 31st to 33rd Street (there is no 32nd Street on this block) and comprises 5.4 million square feet of buildable density. Planning is underway for an office complex of four buildings and connecting public spaces, akin to Brookfield Properties' World Financial Center (New York), Brookfield Place (Toronto) or Bankers Hall (Calgary). A deck will be constructed over the railroad tracks which sit below-grade on a portion of the site platform.

Significant redevelopment is taking place in the neighborhood, including the expansion of the Jacob Javits Convention Center two blocks to the west and the redevelopment of the Farley Post Office directly across the street. The Farley building is being redeveloped as Moynihan Station, a new transportation facility which will enhance and extend Pennsylvania Station, New York City's most heavily-trafficked transit hub.



Office Leasing Contact(s):

Jerry Larkin
212-417-7100


 
 
Bay Adelaide Centre West Tower
Toronto, Ontario
Phase
Pre-development and Under Construction

Square Footage:
2,600,000

The first new development in Toronto's financial core in more than a decade, Bay Adelaide Centre, a LEED® Gold property, was launched in the summer of 2006 with the commencement of construction of Bay Adelaide West, a 1.2 million square foot, 51-story office tower at the northeast corner of Bay and Adelaide Streets. The first building of the 2.6 million square foot project is to be completed in 2009 and will be anchored by KPMG, Goodmans LLP and Fasken Martineau.  Phases Two and Three of Bay Adelaide Centre will likely be a mix of office and hotel/residential.

For more information about Bay Adelaide Centre, please visit www.bayadelaidecentre.com.



Retail Leasing Contact(s):

Marcelle Rademeyer
905-891-1188


Office Leasing Contact(s):

David Wood
416-369-8291


Office Leasing Contact(s):

Bob MacNicol
416-369-2310


 
 
The Herald Block
Calgary, Alberta
Phase
Pre-development

Square Footage:
1,200,000

The Herald Block is a 66,000 square foot development site with 1.2 million square feet of buildable density. The site is strategically located in the centre of Calgary's downtown core and provides excellent access to public transportation via the adjacent LRT line and parking facilities. The site is within one block of each of Brookfield's current Calgary core office holdings.



Office Leasing Contact(s):

Dwight Jack
403-770-7089


 
 
Two Reston Crescent
Reston, Virginia
Phase
Under Construction

Square Footage:
1,000,000

Two Reston Crescent is being developed as a six-story 185,000 square foot office building in Reston, Virginia featuring an elegant two-story lobby. The building overlooks two private lakes with beautiful landscaped pathways throughout the 36 acre Reston Crescent campus. Completion of the building is expected in Q2 2008.

For more information click here.



Office Leasing Contact(s):

Daniel Purrington
202-364-6227


 
 
425 15th Street
Denver, Colorado
Phase
Pre-development

Square Footage:
833,000

An 833,000 square foot development property located one block west of Brookfield Properties' Republic Plaza in the heart of downtown Denver.



Office Leasing Contact(s):

Bill Lucas
303-595-7009


 
 
Brookfield Place III
Toronto, Ontario
Phase
Pre-development

Square Footage:
800,000

The final phase of the prestigious Brookfield Place complex in the financial core of Toronto, Brookfield Place III is designed for 35 stories of office space with clear views of Lake Ontario. The site is located adjacent to Union Station, the key transportation hub in the city.



Office Leasing Contact(s):

Bob MacNicol
416-369-2610


 
 
1500 Smith Street
Houston, Texas
Phase
Pre-development

Square Footage:
800,000

The last prime developable site on Smith Street in Houston's CBD core, 1500 Smith Street is strategically located between two premier Brookfield properties, Continental Center I and 1400 Smith Street. The site could accommodate a 800,000 to one million square foot office tower with 25,000-30,000 square foot floor plates; sky bridges would link 1500 Smith to both adjoining centers. In-place infrastructure exists, including parking and loading dock.



Office Leasing Contact(s):

Paul Layne / Paul Frazier
713-651-1515


 
 
Gateway Site
Houston, Texas
Phase
Pre-development

Square Footage:
700,000

A 2.5 acre parcel, the Gateway site would have a sky bridge connection to the Allen Center and unobstructed views to the west. The Gateway site is surrounded by historical parkland to the north, low-rise residential to the west and the Metropolitan Racquet Club garage to the south.



Office Leasing Contact(s):

Paul Layne / Paul Frazier
713-651-1515


 
 
Allen Center Garage
Houston, Texas
Phase
Pre-development

Square Footage:
700,000

Located in the heart of the Allen Center /Cullen Center complex, the Allen Center Garage could accommodate an office building above it. The site fronts on historic Antioch Park and would have unobstructed views to the west.



Office Leasing Contact(s):

Paul Layne / Paul Frazier
713-651-1515


 
 
300 Queen Street
Ottawa, Ontario
Phase
Pre-development

Square Footage:
577,000

Located in the western portion of the Canadian capital's downtown core, this development constitutes the third phase of the Place de Ville project. The site is 1.18 acres and could accommodate a 577,000 square foot office building.



Office Leasing Contact(s):

Fred Speer
613-563-9694


 
 
14th & Tremont
Denver, Colorado
Phase
Pre-development

Square Footage:
500,000

A 500,000 square foot development property located one block from Brookfield Properties' Republic Plaza.



Office Leasing Contact(s):

Bill Lucas
303-595-7009


 
 
Bankers Court
Calgary, Alberta
Phase
Under Construction

Square Footage:
500,000

Construction has commenced on Bankers Court East, a 265,000 square foot, 15-story building adjacent to the company's 2.7 million square foot Bankers Hall complex in the heart of downtown Calgary. Completion of the building is scheduled for 2008 which has been substantially pre-leased to Fraser Milner Casgrain and Compton Petroleum. For more information visit www.bankerscourt.com or view Press Release.



Office Leasing Contact(s):

Dwight Jack
403-770-7089


 
 
77 K Street, NE
Washington, D.C., District of Columbia
Phase
Under Construction

Square Footage:
326,500

Located in the Capitol Hill submarket of Washington, D.C., adjacent to Union Station, 77 K Street is being developed as a 326,500 square foot, 11-story office building. 77 K Street will feature a rooftop terrace with dramatic views of the U.S. Capitol, and a private fitness facility. Completion of the building is expected in 2008.



Office Leasing Contact(s):

Eddie Trujillo
202-364-6270


 
 
Waterview
Arlington, Virginia
Phase
Under Construction

Square Footage:
300,000

Located on a high-profile two-acre site at the foot of the Key Bridge in Rosslyn, Virginia, Waterview is a mixed use development comprised of two 300' high towers above a 901 parking space garage. The two towers consist of a 24-story office building containing 633,000 rentable square feet and a 29-story condominium featuring 136 residences and 154 hotel rooms. The project will include a restaurant offering sweeping views of the Potomac River and the Capitol. The office portion of the mixed use development was sold in May 2007. Already substantially completed, completion is expected in the fall of 2008.



Office Leasing Contact(s):

Eddie Trujillo
703-312-7526


 
 
1225 Connecticut Avenue, N.W.
Washington, District of Columbia
Phase
Re-development

Square Footage:
269,000

1225 Connecticut Avenue is an eight story office building located in downtown Washington's Golden Triangle Business Improvement District. Ideally situated on much-soughtafter Connecticut Avenue, one block from Dupont Circle (red line) and four blocks to Farragust West (orange/blue lines). The building's main entrance is anchored on each side by Citi-Bank & Independence Bank and the garage consists of three levels with 310 spaces. The building affords window views on all four sides.

Please click here for the 1225 Connecticut Avenue brochure and insert.



Retail Leasing Contact(s):

Eddie Trujillo
202-364-6270


Office Leasing Contact(s):

Eddie Trujillo
202-364-6270