Southcore Financial Centre

February 23, 2012 22:09 ET

"Lake Light Threshold" to Illuminate the Bridge that Connects Southcore Financial Centre to the Downtown Core

Interactive public art installation spans York Street

TORONTO, ONTARIO--(Marketwire - Feb. 23, 2012) - Internationally renowned artist James Carpenter today unveiled "Lake Light Threshold", a dynamic and interactive permanent public art exhibit that connects Southcore Financial Centre (SFC) to Union Station and Toronto's downtown PATH network.

"Southcore has become a vibrant neighbourhood in a very short period of time," says Paul Finkbeiner, President of GWL Realty Advisors Inc., the developers of SFC on behalf of British Columbia Investment Management Corporation (bcIMC). "This bridge will enhance the area's connectivity by providing easy and convenient access to Union Station, the GO Bus Terminal, the PATH network and the rest of the downtown core."

A trained designer and sculptor, James Carpenter has been integrating a synthesis of light into building structures since founding James Carpenter Design Associates in 1978. He is the recipient of numerous awards, including the American Academy of Arts and Letters Architecture Award, the American Institute of Architects Honor Award and a MacArthur Foundation Fellowship.

"Pedestrians passing through the bridge will interact with the illuminated north wall," explains Carpenter. "Day and night, the human activity will activate the sculpture lighting in a wave-like flow."

When complete, SFC will offer 1.4 million square feet of office space in two office towers and a 45-storey Delta Toronto, a next-generation, four-star hotel. The project is being developed by GWL Realty Advisors Inc. on behalf of bcIMC. The full complex is scheduled for completion in 2014.

About GWL Realty Advisors

GWL Realty Advisors Inc. is a leading real estate investment advisor providing comprehensive asset management, property management, development and specialized real estate advisory services to pension funds and institutional clients. bcIMC and GWL Realty Advisors have collaborated for over 20 years. For more information, visit www.gwlra.com.

About bcIMC

bcIMC is an independent investment management corporation that manages a globally diversified investment portfolio of $91.1 billion as at December 31, 2011. Based in Victoria, British Columbia and supported by industry-leading expertise, bcIMC invests in all major asset classes. Our clients include public sector pension plans, public trusts, and insurance funds. With a portfolio that encompasses more than 57 million square feet of prime Canadian real estate, including offices, hotels, residential and industrial buildings, and retail malls, bcIMC continues to be one of Canada's major property owners. For more information, visit www.bcimc.com.

Take a peek at James Carpenter's insight on Lake Light Threshold public art: http://vimeo.com/37150715

To view the photo associated with this press release, please click on the following link:

http://media3.marketwire.com/docs/jamescarpenter.pdf

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