Now only a few months old, the St. Clair Mural has become a staple to the atmosphere and energy of the Yonge + St. Clair community. Images of the mural dominate the intersection’s geo-tags on social media, and it has received international recognition and praise. It’s improving on what’s an already great contemporary scene growing in the community. Last week, one of the St. Clair Mural’s major collaborators, the STEPS Initiative, celebrated their 5^th Birthday on the rooftop patio of Yonge + St. Clair’s Scallywags with cake, music and live painting by local artist Nick Sweetman.

It was a rainy Thursday evening at Scallywags, but the atmosphere was light and jovial as key members of the project and the community came together to celebrate STEPS and the St. Clair Mural.

The STEPS Initiative is a Toronto-based charitable public arts organization that has become known for leveraging unlikely sites for cultural projects. “We enjoy working within the existing built form,” explains Alexis Kane Speer, founding director of STEPS, “working with the age and infrastructure of a space in areas that don’t typically hold cultural projects.”

One of those areas ended up being the western facing wall of 1 St. Clair East. “It’s all about how together we can leverage our built environment as a host to new cultural spaces and conversations,” continues Speer. “The conversation about this new cultural space at Yonge + St. Clair started when site partner Slate Asset Management recognized what they had in front of them – a giant blank canvas. They understood the role that public art plays in city building initiatives, and we feel fortunate that they decided to do so with STEPS.”

“They were incredible partners in making this project possible, and were supportive in every stage of this project’s development, including reaching out to their business partners in the area when we needed to garner additional sponsorship to make it possible.”

Alexis spoke often to how fortunate she felt towards all the supporters, artists, funders, and community partners STEPS had worked with over the years. “We felt very fortunate to have a great public response to this project when we set up tables in libraries and office lobbies to survey the community about what they wanted to see on that wall.”

When you take a closer look at the mural’s design, you will see recognizable Toronto landmarks like the CN Tower, St. Lawrence Market, and the Royal Ontario Museum, mixed with the A-frame architecture that is very characteristic of Yonge + St. Clair, and local businesses like Scallywags. The city’s vast green spaces and ravines are also illustrated in the form’s curvature, which are all reflections of what the community shared with STEPS by participating in community surveys.

“This mural is a perfect example of what’s possible when a strong public, private, and community partnership comes to life. It took over 10 months of hard, hard work to bring a design that is truly reflective of Yonge + St. Clair,” adds Speer.

“It is a step towards creating an identity for this neighbourhood and this city,” preached Ward 22 City Councillor Josh Matlow, who spoke at this event. “It’s the first step in showing the world that we are a creative, vibrant centre of arts and culture.”

Alexis was proud of how STEPS has evolved and changed the makeup of the city since its founding in 2011. “We have always been shamelessly attracted to challenges, especially ones that push ourselves and others in the cultural development and business sectors to think outside the box,” or in the St. Clair Mural’s case, the wall.

“So let’s allow art to do what art does best – start conversations, challenge the way we organize our community, and ask if there are other ways of building and maintaining our cities,” concludes Speer.

“It’s been a wild ride and we’re excited to see what the future holds for us.”

This week the Yonge + St. Clair Blog spoke with Andrew Moor, CEO and Director of Equitable and EQ Bank, a bank with roots in the neighbourhood since the early 1990’s.

We sat down to talk about EQ Bank, the rise of mobile in Canadian banking, and his feelings about Yonge + St. Clair. Andrew Moor joined the company in March of 2007 and in his tenure has seen the assets under Equitable grow to $14.4 billion, establishing Equitable as a major participant in Canadian banking.  

What sets Equitable and EQ Bank apart from other banks?

We’re what you’d typically call a challenger bank, or a bank with no branches. Equitable is the 9^th largest bank in Canada, but we operate entirely through digital and brokers, with the majority of our employees working out of the Yonge + St. Clair office.

What effect has smart phones had on the banking industry?

It has had a massive effect. EQ Bank is the first bank in Canada that was born in a mobile world, and the traditional set up of even online banking – sitting at your computer – is no longer the climate. Everything is moving towards becoming more phone-enabled; being able to sign up for an account, manage and monitor transactions, depositing cheques remotely, and EQ Bank was founded with mobile banking in mind.

Although, there are limitations with digital banking – you can’t write cheques or receive paper statements, but it’s a step towards the future and thinking about banking in a new way.

Mobile is the wave of the future. 

How does going mobile from the beginning separate you from the big banks?

With EQ Bank having a much smaller rental footprint, none of those street front location costs play a factor and it allows us to do things like offer the highest savings account interest rate in the country, or avoid charging fees for e-transfers – we even allow our customers to pay their bills through their saving accounts.

We have a great situation at Yonge + St. Clair, as we can run our entire bank from floors 3 through 8 at 30 St. Clair West. When you think about the cost that the big banks have to bear with having all those branches, with the advertising positioned as “come on in and we’ll take care of you.” It’s enormously expensive to deliver good service without either the product suffering, or the customer paying for it in some way.

So does this mean that EQ Bank doesn’t offer chequing accounts?

The one big thing we do that is unique in the Canadian marketplace is that your payroll can come into your savings account with a 2.0% interest rate on it, and you can pay your bills and send money to your friends directly out of that same savings account.

Most other banks require you to move money between savings and chequing accounts, but why is that? Our worldview on the matter is that fewer and fewer Canadians write cheques so it doesn’t make sense for most to have two accounts.

We’re trying to change that view of how banking should work.

You’ve mentioned the 2.0% interest rate from your Savings Plus account. EQ Bank generated a ton of buzz when it released that account last year. How has the reaction to this savings account educated Equitable about Canadians and their finances?

What it showed you is that Canadians are not necessarily satisfied with the options provided by the big banks and they’re prepared to try something new. We certainly hoped that would be the case when we launched the digital bank, but it turned out that Canadians were really looking for better solutions.

I recall reading that EQ Bank had to establish a weekly cap to the number of accounts it could open when it launched due to demand, is that still happening?

That was such a strange thing to happen – who has ever heard of a queue to sign up for a bank account? We did indeed have to set up a digital line-up to deal with demand at the time, but today anyone can visit our website and sign up.

What’s next for EQ Bank?

We’ve really only taken the first step in what’s going to be a long journey. Our goal is to become the bank that is widely regarded in Canada for offering the very best product and service to Canadians. It’s a pretty lofty goal, but we think we’ve got some great infrastructure to do that – we’re built on a great technology platform and have wonderful people that are committed to that cause.

In the next few years we want to keep on delivering new products and services that make sense for everybody, and work towards being known as a safe, simple, and trustworthy bank.

Any tips or advice for young Canadians just starting out on their financial journey?

Shop around. Don’t just walk into your parent’s bank branch and think that they will have all the answers for you. Go and compare and see if there are better answers out there. I really do think that a majority of Canadians are too complacent about their banking, but like buying anything else, you have to shop around and see what the best option is for you.

What drew Equitable to establish their Corporate Office at Yonge + St. Clair?

We’ve actually been here since 1992 and what drew Equitable to establish their office here was because many of our customers on the savings and GIC side were thought to live in midtown, so it was an effort to be more convenient to the customer.

We actually just renewed our lease at 30 St. Clair West as we really do enjoy the area; it has great transit connections, it’s a good location for employees that live uptown and downtown to commute to, and it’s a place that has its own unique feel. It’s not lost in the canyons of downtown Toronto, with a very unique neighbourhood character to it. It’s kind of cool in some ways.

You also have a lot of other facilities around here like the Goodlife Fitness, Moksha Yoga, and many other things that people want. Yonge + St. Clair has everything we need without being swallowed up in the downtown noise. 

What’s your favourite lunch spot in the area?

Capocaccia for sure. Go down and see Sal at Capocaccia, he’ll look after you. [laughs] 

[Laughs] Thanks Andrew. 

Cheers.

Images provided by EQ Bank

This past week, the Yonge + St. Clair Blog visited the offices of IBI Group at 55 St. Clair West to speak with Architect David Hastings about his firm, architecture, the Yonge + St. Clair community, and his favorite lunch spot. David has been practicing architecture in Ontario for over 30 years and oversees the firm’s architecture and interior design practice for the Greater Toronto Area. He is a recipient of the Governor General’s Medal for Architecture in Canada.

What sets IBI Group apart from other architectural firms?

We’re more than architects. IBI stands for “Intelligence, Buildings, and Infrastructure.” We bring a multi-disciplinary approach to everything we do, from architecture to city planning. This is an approach that began right at the outset. When the firm was founded in 1974, we already had four domains of practice: Urban Development, Architecture, Land, and Transportation.

Of course, over time, we have only built upon and added to those domains. What started as two offices in Toronto and Vancouver has grown into 63 offices all around the world. The IBI Group is now the fourth largest architecture firm in the world.

How is life as an architect at IBI?

As an architect at IBI, I’ve always found it fascinating to be involved with projects that I wouldn’t get close to in a traditional architectural practice – sometimes I’m doing transportation and sometimes I’m doing systems planning. I also think that this opportunity allows me to be a better architect, because it gives me a much broader perspective. Each element is a piece in a much larger framework.

What is your architecture design philosophy?

I always look for context in anything we build. Stand alone architecture as a sort of trophy is questionable to me.

I’m always pushing our architects to broaden their horizons and think about the context in which they’re designing and building. Elements of urban planning, transit, landscape architecture, the local culture, and much more have to be considered.

It should never be architecture for architecture’s sake. It’s a balance between respecting the local context and also creating something that advances the building of a community.

 What has been your favourite project to work on over your career?

Up until a few years ago I had never worked on a healthcare project. Then and I was fortunate to be involved in the repurposing of the Sherbourne Health Centre that now serves many marginalized groups in the area (Sherbourne and Carlton). This project was a result of the Wellesley hospital shutting down. A lot of their clientele got either siphoned off to St. Michaels, or was left homeless, both literally and figuratively.

It was really meaningful to provide architectural and design services to an effort that was providing that kind of support for the community. Trying to make an environment that is conducive to healing and quality living has been very rewarding.

IBI has over 150 LEED accredited professionals on its roster, and with projects like Women’s College Hospital and Delta Toronto being LEED Certified, sustainability is an important element in IBI’s work. What is your attitude towards LEED and sustainable design?

The LEED accreditation has been monumentally important in changing people’s attitudes towards sustainability – as both a philosophy and technology. At IBI, we use the term ‘biophilic design’ which has to do with going through and thinking about the biology of what it is we’re building and how we fit into that ecosystem. LEED is big part of sustainable design and is a major philosophy attitude in my work.

 What drew IBI to establish their Toronto Global Office at Yonge + St. Clair?

Before we moved into 55 St. Clair 2 years ago, we had made ourselves homeless by selling our building downtown. It took us well over a year to find the right building in the right area. A big thing was finding a place with big floor plates that wasn’t really possible downtown, and after looking at over 30 locations this building really stood out for us.

What is it about 55 St. Clair West that stuck out?

We‘re sitting in a building that was built in 1982 – technologically the building is 1982. But it has very forward-thinking attributes. The physical layout of the building, the access to natural light, the big floor plates, and the indoor/outdoor terraces surrounding our space are all very current in design thinking today.

The view isn’t bad either [laughs].

 What are your thoughts of Yonge + St. Clair?

Yonge + St. Clair has been a neighbourhood in transition and that’s very interesting to us as professionals. We have witnessed firsthand its evolution and have been able to compare it to our old neighbourhood downtown.

When I lived here, a long time ago [laughs], the retail was a lot of high–end shops and the restaurants were very boring. But then the shops left and the area became a little seedy. There have been some ups and downs over the decades.

Now, with all of the investment being made in the area, it‘s ripe for a new generation to come in and make their mark on the food, culture and retail scene.

Speaking of food, what’s your favourite lunch spot?

I really like the Italian places along Yonge Street. There are a few of them down there and they’re all good. What Yonge + St. Clair really needs is a good greasy spoon.

There’s always Holy Chuck Burger.

 Oh really? I’ll have to check it out.

[Laughs] It’s good and greasy! Thanks David.

 My pleasure.