Toronto Girlfriends

Downtown Office Space

Darts

Well-known member
Jan 15, 2017
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The Toronto downtown office vacancy rate is now 15%. Other implications would be loss of business for bars, restaurants, beggars, etc.

Many people working from their home office.
 

Ponderling

Lotsa things to think about
Jul 19, 2021
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Mississauga
Not a new office conversion, but one done pre COVID.
The old Imperial Oil office building in Toronto was converted to condo apartments.
A guy I know used to work there.
His former boss has bought one of the units.
It is right where his office was. The living room was where his desk once sat.

As to the current situation, the one feeling it the most IMO are the former shops in the PATH.
Lots of entrepreneurs used to seasonally lease there and now tons of these sorts of shops are shuttered.
 

Darts

Well-known member
Jan 15, 2017
22,944
11,283
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Not a new office conversion, but one done pre COVID.
The old Imperial Oil office building in Toronto was converted to condo apartments.
A guy I know used to work there.
His former boss has bought one of the units.
It is right where his office was. The living room was where his desk once sat.

As to the current situation, the one feeling it the most IMO are the former shops in the PATH.
Lots of entrepreneurs used to seasonally lease there and now tons of these sorts of shops are shuttered.
Yes, I heard on the radio that there is a move to convert old surplus office space to residential use.

Also, there's a move to allow construction of muti-plexes as I mentioned in another thread.

"Hybrid" workers are becoming/already a permanent feature of our economy. This will, obviously, affect many sectors of our economy such as TTC, autos, need for gasoline, child care, etc. Also, less or no sexual misconduct in the office because you are not physically in the office but still be careful what you say on the phone/email/letters.

Question or maybe I'll do a poll: How many members are currently or would like to be a ":hybrid" worker?

Quick Quitting: The Solution Is Hybrid Work, But Leaders Don't Get It (forbes.com)
 

jeff2

Well-known member
Sep 11, 2004
2,310
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Much less people on mondays and fridays in the PATH.
Wednesday sometimes seems more packed than before covid.
I saw a rat on a deserted Yonge St. sidewalk during the covid peak.
 
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Darts

Well-known member
Jan 15, 2017
22,944
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I saw a rat on a deserted Yonge St. sidewalk during the covid peak.
I saw something during the COVID peak that may be a foreshadow of the future.

I saw two panhandlers fighting for their favourite spot on a deserted Yonge Street.
 
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curr3n_c1000

I do all my own stunts
Dec 20, 2014
4,002
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It's a shit show trying to get into Toronto.

After covid, top-level management can't even deny it anymore.

There's no reason to be downtown other than to boost tax revenue for the city.
 
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Darts

Well-known member
Jan 15, 2017
22,944
11,283
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Much less people on mondays and fridays in the PATH.
Some statutory holidays are statutorily required to fall on a Monday.

"Victoria Day (French: Fête de la Reine, lit. 'Celebration of the Queen') is a federal Canadian public holiday celebrated on the last Monday preceding May 25 to honour Queen Victoria."

"The first Monday in August in Ontario is a statutory holiday"

In my case I take some holidays on Mondays because I don't feel like working. LOL
 

black booty lover

Well-known member
Oct 21, 2007
9,775
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Yes, I heard on the radio that there is a move to convert old surplus office space to residential use.

yeah this isn't going to happen. You can't just convert office buildings into residential. It's easier just to tear the building down and start from scratch.
 

Mr Deeds

Muff Diver Extraordinaire
Mar 10, 2013
6,894
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Here
yeah this isn't going to happen. You can't just convert office buildings into residential. It's easier just to tear the building down and start from scratch.
Tell that to the Tip Top building, the old sears whare house, lofts along queen east, condos in Parkdale
 
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