December 6, 2002

Mercedes-Benz Canada breaks ground for new Head Office building

Toronto, Ontario – Mercedes-Benz Canada officially put the first shovel into the ground today to commemorate the inauguration of its two new facilities which will be built at the company’s existing location at 849 Eglinton Avenue East.

Mayor Mel Lastman, and Ernst H. Lieb, President and CEO of Mercedes-Benz Canada officiated at the ceremony which was also attended by East York Councillor, Jane Pitfield, City of Toronto Economic Development Officer, Warren Poole and Leonard Linton, VP Leaside Business Park.

The 3.5-acre parcel located between Brentcliffe Rd and Laird Drive will be home to a new 3-storey glass building which will accommodate all head office operations as well as the national training centre. Approximately 150 Mercedes-Benz employees will work in this facility. The construction for this building which will in future be accessible from Vanderhoof Avenue, has now begun with the excavation for a 186-parking spaces underground garage. The Head Office building is expected to be completed in early summer 2003.

Once the migration to the new premises has taken place, the current Head Office building on Eglinton will be demolished and a 44,000 sq.ft.sales, parts and service retail facility owned by Mercedes-Benz will be built in its place. This location is easily accessible and will provide an additional convenient midtown dealership option for our numerous customers who work and reside in the area. The architecture of this flagship facility will integrate an entirely transparent “see-through” concept in the showroom and service areas. The midtown dealership will feature the exclusive Canadian sales studios and work bays for the new Maybach and SLR models. The dealership will be completed in the fall of 2003.

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