Shopify no longer plans to use a large office space of over 250 square feet being constructed in downtown Toronto that was first planned to be a central hub for its employees, citing the pandemic and the growth of remote work as the main reason for decision.
The Ottawa-based tech company signed a 15-year lease that expires March 2037 for the property at The Well, a massive, high-profile retail, office, and residential complex with 1.2 million square feet of office space, on the west side of downtown Toronto at King Street West and Spadina Avenue.
The company had originally planned to occupy 254,000 square feet of office space there with an option to add another 433,752 square feet….