Schwartz Reisman Innovation Campus Phase 2
Phase II of the Campus, SR East, will complete the ecosystem of student, faculty and affiliate innovation partners. SR East will provide much needed high quality wet-lab space and supportive programming to foster leading-edge life sciences and biosciences development, regenerative medicine, and related research.
Intended Use:
Office & Life Sciences
Reflecting the new urban geography of innovation, SR East will co-locate academic research and educational programs, research labs, innovation-centric convening and community programs, related start-ups, incubator and accelerator programs, and on-site amenities in an unparalleled location–at the epicentre of research and innovation in Canada.
The Banting building, which was built in 1930, is currently in demolition, to make way for the second tower–planned at 21 storeys high with a mechanical penthouse floor. SR East will feature in-floor heating and meet all of Toronto’s green building standards. The goal is for the structures to exceed the American Society of Heating, Refrigerating and Air-Conditioning Engineers energy efficiency standards by 40%. Together, the towers will have 650,000 square feet of institutional space.
Opportunity Details
Where Phase 1 of the campus focused on building a prolific community for artificial intelligence and technological innovation, Phase 2 will focus on wet-lab space and chemical developments in the name of medicine.
The site is situated at the northeast corner where College Street meets University Avenue, roughly 120 metres east of University Avenue, and directly beside SR West. Covering an area of approximately 0.27 acres, this site currently hosts the Banting Institute building and a parking lot. The building was previously occupied by the Banting and Best Department of Medical Research and is now in its demolition phase, with expected site-readiness in Mid-2025.
A planning opinion for the site was completed by Weiss/Manfredi, which proposed a 21-storey office and wet-lab building with retail at grade. The combined site can support an institutional development of approximately 650,000 SF.
SR East pays homage to its location, where U of T’s Banting and Best Department of Medical Research discovered insulin and set U of T Medicine on a course of innovation which continues to this day. The Banting building will be replaced with SR East and its all-new facilities, paving the way to discovery with state-of-the art lab-ready spaces.
- Highly sought-after wet-lab facilities for life science accelerators, start-ups, affiliates, and scaling partners
- Incubators, accelerators and co-working spaces
- Move-in ready graduation / step-out space and build-to-suit, lab-ready offices
- Collaboration, event, and amenity space including food and beverage facilities, multi- functional social spaces, designated quiet spaces, exhibition space, and accessible outdoor space
- Proximity to Queens Park Subway Station
The Schwartz Reisman Innovation Campus is situated in a premier location in the heart of Toronto’s Discovery District. Its close proximity to U of T’s Computer Science, Medicine and Engineering programs, MaRS and some of North America’s most respected research and teaching hospitals enables building users the opportunity of capitalizing and collaborating with the research, learning and partnerships already taking place on campus.
- Top 5 University-managed business incubators in the world (UBI Global)
- #1 in Canada for research-based startups (Maclean’s national reputation rankings)
- 650+ investor-backed startups created
- 9,000+ jobs created by U of T startups
- $3B investments raised by U of T-affiliated startups over the past decade
Location
N/E Corner of University & College
Interested in Partnering with Us?
U of T’s Real Estate Partnerships team handles important real estate developments, acquisitions, and partnerships on behalf of the University. We take on ambitious projects that integrate innovation, AI, research, academics, retail and hospitality into our campus.
