Introduction: The Park at CIBC Square
Toronto keeps surprising you. Just when you think you know the downtown core, a park appears four storeys above the rail corridor. Suddenly the city looks different.
That park is The Park at CIBC Square, and if you haven't been yet, now is the time to go.
What is It?
CIBC Square is a two-tower development at 81 and 141 Bay Street, right beside Union Station. At the fourth-floor level, a one-acre publicly accessible park spans the railway corridor, with varied topography including slopes, hills, gardens, shade groves, balconies, and vista areas.
The master plan was designed by internationally recognized architects WilkinsonEyre, with Adamson Associates. The twin towers sit on opposite sides of the rail corridor and connect at a high level through the sky park. Each tower lobby rises 25 metres high, with upper sky lobbies giving direct access to the park.
Both towers feature a lightly folded glazed facade, creating a diamond pattern that repeats every ten storeys, a vertical modulation that contrasts with the surrounding buildings. The lobbies are clad in vein-cut travertine fabricated into a super-scaled three-dimensional relief, with triangulated forms running through the geometric design language of the entire development.
Why It Matters Right Now
This is not old news. In February 2026, developers La Caisse and Hines announced that 141 Bay Street, the 50-storey second tower, had reached full lease-up, with initial occupancy beginning across the low- and mid-rise floors, and tenant move-ins continuing through 2026 and 2027.
The Park at CIBC Square is expected to fully open to the public following the final occupancy of the second tower and will feature year-round programming, pedestrian connections, and amenities including an ice rink.
Together, the two towers introduce approximately three million square feet of space into the downtown market, with the overall investment totaling approximately $2.36 billion CAD.
What You Can Do There
Visitors can relax in nature, take in views of Toronto's downtown, and enjoy seasonal activities, including live music in the summer and ice skating in the winter. The development also includes retail, a food hall, and a conference centre.
Past programming has included outdoor movie nights and wellness events. The park welcomes the public and is free to access.
How to Get There
You can reach the park by taking the north elevator bank to Level 4, where the park is straight ahead, or by taking the north escalator to Level 4, where the park is to your left. There is also an outdoor staircase at CIBC Square for direct access. The staircase is off Bay Street, directly across from Scotiabank Arena.
The development connects directly to Union Station, Canada's busiest transportation hub, and to the PATH network, making it one of the most accessible locations in downtown Toronto.
The Bigger Picture
CIBC Square connects the Waterfront and Financial District, expanding a stretch of Toronto that was once purely industrial and providing a place for business, enjoyment, and community.
One visitor who documented the park described it as a green oasis in the city's heart, with landscaped gardens, shaded areas, and open spaces sitting above the rail corridor. That description holds. For Torontonians who spend their days in the downtown core, this is a genuinely unexpected place to decompress, think, and look out over the city with fresh eyes.
The park in the sky is here. Go see it for yourself and take a book.
Sources
- The Park at CIBC SQUARE — Official Site
- How to Get Here — CIBC SQUARE
- 141 Bay Street Achieves Full Lease-Up — La Caisse, February 2026
- CIBC Square's 2 Downtown Toronto Office Towers Fully Leased — RENX, February 2026
- CIBC Square's Second Tower Reaches Full Lease-Up — Storeys, February 2026
- CIBC Square Park — TO Cityscapes, September 2025
- CIBC SQUARE Architecture — WilkinsonEyre
- CIBC Square — Wikipedia
Next Steps
Wondering what to do next, you can do all of:
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