City of Burlington buys strategic office building at 390 Brant St.

The City of Burlington is the new owner of 390 Brant St., known as Sims Square, becoming the building’s landlord and preserving key office space in downtown Burlington.

The city has been leasing space at 390 Brant St. for employee use since 2005. The city uses 21,736 square feet of the building, which is one third of the building’s leasable floor space, to house four city departments and project teams.

City operations at 390 Brant St. include the Finance, Legal and Human Resources departments as well as some services from Capital Works and Parks and Recreation, including Festivals and Events.

The six-storey building has 61,000 square feet, a surface parking lot and underground parking.

The city will maintain the current tenants and contracts to ensure seamless operation of 390 Brant St. All existing leases in the building will remain in place with few changes to the current operation of the building.

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Quote

Mary Lou Tanner, Deputy City Manager
“Buying the building and property at 390 Brant St. positions the city to ensure that existing office tenants are maintained and that quality space continues to be available for future employment generation in the downtown.

The purchase of 390 Brant St. is considered a strategic acquisition. It will protect office use in downtown Burlington and will be a financially sustainable investment for the City of Burlington.”

Quick Facts
The City of Burlington has purchased 390 Brant St., known as Sims Square, for $17.5 million with possession taking place on Feb. 5, 2018.

390 Brant St. is known as Sims Square. The location was once a city park.

The city is committed to creating and maintaining a vibrant and active downtown with a healthy economy that includes office space.

The city originally sold Sims Square in the 1980s to help create office space in the downtown.

The city will manage and operate Sims Square as a distinct business unit separate from City Hall operations.

Links and Resources
burlington.ca

Photos
Sims Square

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