Toronto EQ Bank Tower | 105.18m | 23s | First Gulf | Sweeny &Co

March 6, 2020

20200306_173720.jpg
20200306_173746.jpg
20200306_173743.jpg
 
GTA office building spree to spur major tenant shuffle

May. 26, 2020

EQ Bank Tower

EQ Bank is moving its headquarters from Slate Asset Management’s 16-storey, 180,000-square-foot, class-A building at 30 St. Clair Ave. W. to be the lead tenant with almost 180,000 square feet over eight floors at First Gulf’s 24-storey, 460,000-square-foot development at 25 Ontario St.

The building, formerly known as The Shift, will now be called EQ Bank Tower.

Think Research will occupy nearly 90,000 square feet at the new building after it leaves its space at First Gulf’s 500,000-square-foot 351 King East. EQ Bank Tower is tentatively scheduled for completion in the fourth quarter of 2021.

 
Is EQ bank moving all their staff here? Or will they retain some space at their current location?

I'm under the impression that they will move the entire workforce into the new space here.

Quote from article:


"Our current location has served us well these past few decades but we've taken it as far as we can," said Andrew Moor, President and CEO of Equitable Bank. "The move of our headquarters from midtown Toronto to the developing Downtown East district allows us to leverage new building designs with larger floorplates to accommodate our growing workforce, while keeping the Toronto team together in one space. We considered a number of options, including those in the heart of the downtown financial core, but we've never seen ourselves as a traditional bank, and we believe this building is the most cost-effective path to achieving our long-term goals, while continuing to pass on savings to customers with our branchless digital approach."

By moving to a new building that's being built from the ground up, Equitable will benefit from the opportunity to design and shape the vision of interior workspaces and employee environments across its eight floors, which will allow the bank to increase efficiency and maximize opportunities for collaboration and workflow across the organization.
 

Back
Top