Shopify no longer plans to use a large office space of over 250,000 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.
