Design Exchange
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The Design Exchange (DX) is a Canadian event venue. It is located in
Toronto Toronto ( ; or ) is the capital city of the Canadian province of Ontario. With a recorded population of 2,794,356 in 2021, it is the most populous city in Canada and the fourth most populous city in North America. The city is the ancho ...
's financial district in the historical Toronto Stock Exchange building, that was incorporated into a skyscraper in 1991, the
Toronto-Dominion Centre The Toronto-Dominion Centre, or TD Centre, is an office complex in the Financial District, Toronto, Financial District of downtown Toronto owned by Cadillac Fairview. It serves as the global headquarters for its anchor tenant, the Toronto-Dominio ...
(222 Bay Street). The organisation operated a design museum, but this museum was closed in 2019. Since 2017, it hosts a biennial design festival, the Expo for Design, Innovation & Technology (EDIT).


History

The federal agency Design Canada closed in 1985, followed by the University of Toronto's (soon rescinded) announcement in 1986 that its school of architecture was to be shut down. In 1983 the Toronto Stock Exchange moved out of 234 Bay Street, which was a designated heritage property since 1978. Olympia and York (O&Y) purchased the building. A study commissioned by O&Y indicated that there was support for using the building as a cultural design centre. Advocates of this proposal gathered in January 1986 to lobby the city government, and the city recognized ten of them as "The Group for the Creation of a Design Centre in Toronto", which legally became an organization in 1987 and later became the Design Exchange organization. A study launched by the city found that the proposal was "both possible and desirable". The Bay Street property was sold in 1986, to Cadillac Fairview and the
Toronto Dominion Bank Toronto-Dominion Bank (french: links=no, Banque Toronto-Dominion), doing business as TD Bank Group (french: links=no, Groupe Banque TD), is a Canadian multinational banking and financial services corporation headquartered in Toronto, Ontario. ...
, but O&Y required that the design centre idea would be kept. The new owner had to pay the city $500,000 a year to use for running the centre. This centre was named the Design Exchange in 1988 and control of it was handed to the citizens' group which had advocated for it. In 1996 a permanent collection was established. DX held exhibitions and also organized educational programs and design awards. In March 2012 the Design Exchange came under the directorship of Shauna Levy, and began to operate exclusively as a design museum. In 2015, DX was organizing exhibitions in other locations, such as ''Smarter.Faster.Tougher.'', an exhibition about the design of sportswear. In 2017, the Design Exchange launched a 10-day festival called
Expo for Design, Innovation & Technology Expo for Design, Innovation & Technology (EDIT) is a 10-day festival launched by the Design Exchange (DX) in partnership with the United Nations Development Programme(UNDP). It is also supported by the Government of Ontario The government ...
(EDIT), in partnership with the
United Nations Development Programme The United Nations Development Programme (UNDP)french: Programme des Nations unies pour le développement, PNUD is a United Nations agency tasked with helping countries eliminate poverty and achieve sustainable economic growth and human dev ...
. The festival was held in East Harbour, an old soap factory. In 2019, the DX gave Razor Suleman the position of chief executive officer (CEO), effective immediately. The Design Exchange's collection was deaccessioned in the same year, with the institution ceasing operation of its design museum. The closure of the museum saw the Design Exchange's efforts reoriented towards the biennial EDIT event.


See also

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Industrial design Industrial design is a process of design applied to physical Product (business), products that are to be manufactured by mass production. It is the creative act of determining and defining a product's form and features, which takes place in advan ...


References


External links

{{Museums and galleries in Toronto Museums in Toronto Art museums and galleries in Ontario Design museums PATH (Toronto) Art museums established in 1994 1994 establishments in Ontario KPMB Architects buildings