iQ Offices, Canada’s largest independent Canadian-owned coworking operator, is set to debut its newest location in a Toronto heritage building. The company says in a press release that this fall, it will “open the doors to an immaculately reimagined 302 Bay Street.”

Located in the financial district at the intersection of King and Bay streets, the building debuted in 1917 and secured its heritage designation in 1976. It’s known for its “temple” style architecture and Art Deco motifs. 302 Bay also features expansive south, west, and east-facing windows, a direct connection to First Canadian Place and the PATH network, and proximity to King and Union transit stations.

“For more than a century, 302 Bay has featured prominently in the core of Toronto’s global business hub.  It has housed generations of teams, talent and ideas that effect change,” says Kane Willmott, cofounder and CEO of iQ Offices. “iQ’s reimagination of the full building will mark the next evolution of its iconography, and will uphold its identity as the premier destination for professionals to connect, create, and succeed in the modern workspace era, answering the call for what Canada’s top talent is looking for in their next office.”

iQ Offices is working with architectural design firm Arcadis and heritage building preservation experts ERA Architects.

The project involves all 14 floors with redesigned workspaces, and a rooftop terrace. 302 Bay will also have a games room, wellness rooms, and a hotel-inspired ground floor lobby bar and lounge area. Meeting rooms with video conferencing technology, and personal phone booths are available throughout the building. Private offices are available on floors four through 14.

iQ Offices is restoring the building's famed Grand Banking Hall, with a highly decorated plaster ceiling, tavernelle marble wall cladding, and a spiral staircase leading to a mezzanine.