The Globe & Mail revealed a major change in plans yesterday when it comes to the site of their future headquarters. The original plan was to construct the new Globe building on land near their current home at Front and Spadina as part of a larger, mixed use development with a variety of developers including RioCan and Tribute Communities. That project remains in the works but will no longer involve the offices of the paper. Instead, The Globe will migrate to King East, across from the recently renovated Toronto Sun Building.

The already under construction Globe & Mail Centre is set to open in late 2016 at 351 King Street East, and will boast 500,000 square feet of space spread over 17 storeys, of which the paper will occupy floors 13 and up. The tower is the second of two designed by Diamond Schmitt Architects as part of First Gulf's King East Centre. Needless to say, the area is in the midst of a development boom. Over and above the Toronto Sun building and the King East Centre, a number of condo projects are in development as well.

Here are some additional renderings of the project. What do you think?