Cadillac Fairview notched another feather in its cap with the announcement of a long-term lease agreement with Rio Tinto relocate their 800-employee Montréal office, including the global headquarters of Rio Tinto Alcan, to the Deloitte Tower in fall 2015. The company will occupy 190,000 square feet on the top eight floors of the 26-storey office development, and become the Deloitte Tower’s largest tenant in terms of square footage.
Rio Tinto Alcan, which established its head office in downtown Montréal more than 80 years ago, will occupy an additional 10,000 square feet for auxiliary services at the adjacent heritage-designated Windsor Station.
“As a long-time member of the Montréal community Rio Tinto Alcan has an important place in this city’s history, but today we are looking to the exciting future for our company in this city and our new home. Rio Tinto is very proud to be a part of this ambitious project and we look forward to moving to the city’s most modern, environmentally-friendly office building,” said Jacynthe Côté, chief executive of Rio Tinto Alcan.
Salvatore Iacono, Cadillac Fairview’s senior vice-president, development and portfolio management, Eastern Canada, is pleased with Deloitte Tower’s leasing momentum. “Deloitte Tower is now 70 per cent leased only one year after the project and Deloitte’s role as anchor tenant were announced, and two years prior to the project’s completion.” Over the next 15 years, the company plans to invest up to $2 billion to transform the area surrounding the Bell Centre, including $200 million to build Deloitte Tower.