generalcanada

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so apperently ive heard Shopify hasnt even started their tenant build-outs. past news releases say they have 250,000 sqft.
ive been in every day, never seen a shopify person yet
 

TossYourJacket

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so apperently ive heard Shopify hasnt even started their tenant build-outs. past news releases say they have 250,000 sqft.
ive been in every day, never seen a shopify person yet
Not that weird tbh. Pretty sure Microsoft moved into CIBC Square well before CIBC did. Likelihood is planning/fitting out those larger office spaces ends up making the move-in slower for the anchor tenant. I wouldn't read into it beyond that at this point,
 

AHK

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Not that weird tbh. Pretty sure Microsoft moved into CIBC Square well before CIBC did. Likelihood is planning/fitting out those larger office spaces ends up making the move-in slower for the anchor tenant. I wouldn't read into it beyond that at this point,
My understanding - Shopify prototyped several different office space configurations and layouts within their existing Toronto offices, with the final decision on which to use for their new The Well offices based on staff feedback / vote. The process to design , implement, and evaluate the prototype layouts took time. Only after the decision was made on which approach would be used for The Well, could detailed design, specification, contracting, permitting, and construction of the new offices could proceed. My understanding is that this is the current stage of the Shopify offices project, with actual construction of their interiors to take place next year.

Again third hand knowledge heard from people on site at The Well. If anyone on this forum has more detailed knowledge - please update.
 

generalcanada

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My understanding - Shopify prototyped several different office space configurations and layouts within their existing Toronto offices, with the final decision on which to use for their new The Well offices based on staff feedback / vote. The process to design , implement, and evaluate the prototype layouts took time. Only after the decision was made on which approach would be used for The Well, could detailed design, specification, contracting, permitting, and construction of the new offices could proceed. My understanding is that this is the current stage of the Shopify offices project, with actual construction of their interiors to take place next year.

Again third hand knowledge heard from people on site at The Well. If anyone on this forum has more detailed knowledge - please update.
interesting, guess when you already have an existing office you dont feel the need to rush to get to the well
 

maestro

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and laying off staff left, right and, centre after a terrible year. Maybe this will end up on the sublet market.
 

HowarkRoark

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and laying off staff left, right and, centre after a terrible year. Maybe this will end up on the sublet market.

RioCan and Allied will get even higher rents if the space becomes available again. That's what happened last time when someone backed out.
 

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