LCBO puts head office and warehouse up for sale
Toronto, ON – The 11-acre government-owned property, along Toronto’s Queen’s Quay, housing the LCBO’s head office is up for sale, reported by numerous news sources (CBC, Toronto Star)
The deal would include the LCBO’s flagship Queens Quay store, neighbouring warehouse, and adjacent park and parking lot.
Ontario Infrastructure Minister, Brad Duguid, would not confirm the property’s rumoured value of approximately $200 million.
The Ontario government is currently accepting request for proposals from developers, and notes that, as part of the deal, developers, “must provide the LCBO with new head office space and include a replacement store as part of the office, condo or other project it builds.”
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