Waterloo Innovation Park

Location
611, 615, 619A, 619B Kumpf Drive, Waterloo
Acquired
2005
Project
Development intensification and office conversion
Status
Long-term hold
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Waterloo Innovation Park originally consisted of two single-storey flex office buildings at 611 and 615 Kumpf Drive, as well as additional development land. Colonia Treuhand built two further buildings on spec in 2006, at 619A and 619B Kumpf Drive, and subsequently leased them to BlackBerry (formerly RIM). Following the expiry of BlackBerry's term in 2016, the buildings were reconfigured for multi-tenant use. Today, Waterloo Innovation Park consists of five flex office buildings totaling over 250,000 square feet, a seven-storey parking garage, and an exclusive central tenant amenity hub called "The Link." The neighbouring 609 Kumpf Drive was acquired in 2005 and subsequently converted from heavy industrial use into a modern, two-storey flex office building. The office park is now home to a variety of tenants in the healthcare, fin-tech, and software industries.