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The Richmond-Adelaide Centre (RAC) is a 1.6 million square foot downtown office complex comprising five buildings, including 130 Adelaide Street West (Oxford Tower) and 111 Richmond Street West. RAC is a core asset for Oxford, which is currently undertaking a $65 million redevelopment of 111 Richmond Street West, a landmark of modernism designed by renowned architect Peter Dickinson. 111 Richmond W features a public plaza, period lobby and extensive use of natural light. It is being redeveloped to LEED Shell and Core standards.