theScore chooses Waterfront Innovation Centre for headquarters
Sports media outlet theScore has entered into an agreement to lease space at Toronto’s downtown Waterfront Innovation Centre.
The media company made the announcement on August 19. It has partnered with Menkes Developments and BentallGreenOak to lease the property, and is expected to occupy more than 85 percent of The Exchange, one of two buildings that make up the state-of-the-art complex.
The new office will house theScore’s rapidly growing workforce and accommodate its accelerating business operations—including online sports betting.
“Moving into this newly constructed building affords us the opportunity to design our ideal work environment and provides ample space for our rapidly expanding team,” said theScore Chairman and CEO John Levy. “The Waterfront is fast becoming a hub for some of Ontario’s most innovative and forward-thinking companies, and we are excited that it will be our home for many years to come.”
Designed by Toronto’s Sweeny & Co Architects Inc., the 475,000-square-foot Waterfront Innovation Centre is comprised of two buildings, with three interconnected components: The Exchange, The Hive and The Nexus, a space that will serve as a public square and directly connect the two buildings.
The complex offers state-of-the-art amenities, including high-speed broadband networking (fueled in part by self-generating solar power), floor-to-ceiling windows and expansive collaboration spaces.
The Waterfront Innovation Centre is co-owned by Menkes and BentallGreenOak, and was developed in partnership with Waterfront Toronto, neighbours Sugar Beach on Toronto's eastern waterfront. The building’s office space is now approximately 91 percent pre-leased.
“The decision made by theScore to lease space at Toronto’s Waterfront Innovation Centre is not only a testament to the continued growth of our technology and innovation sector, but it will act as another confidence boost as we move forward in our pandemic recovery,” said Toronto Mayor John Tory. “Toronto has long been a city where businesses have chosen to come set up shop or expand their operations, and the decision by theScore will help further amplify that Toronto story that we are a city that welcomes businesses, new ideas, innovation and much more.”
Earlier this month, theScore was acquired by Penn National Gaming.
Featured image: Artist’s rendering of theScore’s future headquarters at the Waterfront Innovation Centre. (Menkes)