CIBC Will Move Into New Ivanhoe Cambridge Complex in Toronto
- Canadian bank will shift headquarters from Commerce Court
- CIBC to lease 1.75 million square feet of Bay Park Centre
CIBC headquarters to come at Bay Park Centre
Source: CIBCThis article is for subscribers only.
Canadian Imperial Bank of Commerce is moving to new headquarters after almost a century at Commerce Court in the heart of Toronto’s financial district.
CIBC agreed to become the anchor tenant for a new office complex being built a few blocks south of Commerce Court, the Toronto-based bank said in a statement Wednesday. Canada’s fifth-biggest bank will move about 15,000 employees into the two 49-story towers.