Bank_of_Commerce_(Halifax)

Bank of Commerce (Halifax, Nova Scotia)

Bank of Commerce (Halifax, Nova Scotia)

Office building in Halifax, Nova Scotia

The Bank of Commerce Building, also known as the CIBC Building, is a high-rise office building in the downtown core of Halifax, Nova Scotia, Canada. It is located on Barrington Street and is owned and operated by Crombie REIT.[1] The office tower stands at 66 metres and has 16 floors. It was completed in 1977. The building is connected to the Downtown Halifax Link system.

Quick Facts CIBC Building, General information ...

History

The Bank of Commerce Tower, announced by the Canadian Imperial Bank of Commerce in 1975 as the bank's new Atlantic regional headquarters, was developed by Durham Leaseholds Limited, a joint venture between Oxford Development Group and Halifax Developments Limited.[2][3] It was part of a development termed "Granville Place" during construction. Phase I of Granville Place became the Bank of Commerce Tower, while Phase II became the Delta Barrington Inn and Barrington Place Shops.[4] These two buildings are linked by an enclosed footbridge spanning Duke Street.

The tower was built by Poole Construction.[5] It opened in September 1977.[3]

Design

The building has a floor area of around 280,000 square feet (26,000 m2).[6]

Ownership

The building is owned Crombie REIT and is located on land leased from the Canadian Imperial Bank of Commerce (CIBC). The land lease term ends on 31 December 2047.[7]

See also

44°38′56.4″N 63°34′28.1″W

References

  1. [1]
    "Corporate Website". Crombie REIT. Archived from the original on 2015-06-08. Retrieved 2015-06-04.
  2. [2]
    McQueen, Rod (2021). A History of Canadian Imperial Bank of Commerce: Volume 5 1973–1999. ECW Press. ISBN 9781773056364. In 1975, the bank announced plans for a sixteen-storey tower in Halifax to serve as the new headquarters for the Atlantic region and house the Halifax main branch.
  3. [3]
    "Annual Report 1977". Halifax Developments Limited. 1978.
  4. [4]
    "Annual Report 1975". Halifax Developments Limited. 1976.
  5. [5]
    Judge, David, ed. (18 August 1975). "Halifax development enters Phase I". Heavy Construction News. 19 (33): 4.
  6. [6]
    Watkins, Lyndon (5 January 1978). "New Atlantic role forecast for Halifax". The Globe and Mail. p. B1.
  7. [7]
    "Annual Information Form" (PDF). Crombie REIT. 29 March 2022. p. 59.
Share this article:

This article uses material from the Wikipedia article Bank_of_Commerce_(Halifax), and is written by contributors. Text is available under a CC BY-SA 4.0 International License; additional terms may apply. Images, videos and audio are available under their respective licenses.