Bay Park Centre Is CIBC's Slick New Headquarters-To-Be

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TORONTO — CIBC plans to move its headquarters in Toronto to a pair of office towers being built in the city's financial district a few blocks south.

The bank said in a statement that about 15,000 of its local employees will relocate from its current headquarters at Commerce Court and other locations to the new Bay Park Centre.

cibc bay park centre

bay park centre cibc

All images courtesy of Ivanhoe Cambridge and CIBC.

The centre spans two towers and totals 2.9 million square feet, of which CIBC will lease up to 1.75 million square feet for its headquarters, which will include a flagship bank.

The bank said its lease agreement stipulates that Bay Park Centre will be rebranded under a CIBC name in the coming months.

bay park centre cibc

cibc bay park centre

All images courtesy of Ivanhoe Cambridge.

The two towers are expected to be completed in 2020 and 2023, during which time some of CIBC's employees will relocate to their new space.

Spokeswoman Caroline Van Hasselt said in an email that the bank will still have a presence at its Commerce Court location, including a banking location.

cibc bay park centre

bay park centre cibc

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