Score Media and Gaming Inc is to move into a new 80,000-square-foot space in the Waterfront Innovation Centre, an office and retail development property in downtown Toronto. The firm will occupy more than 85% of The Exchange, one of two buildings that make up the state-of-the-art complex.
The lease is being undertaken with Menkes Developments Ltd, together with partner BentallGreenOak.
The new office space will house theScore’s rapidly growing workforce and accommodate its accelerating business operations, including the highly anticipated rollout of online sports betting in Canada.
Chairman and CEO John Levy commented: “As our technology-driven business has grown across North America so too has theScore family, particularly in product development and engineering, with new team members joining every week.
“We are committed to supporting our strong Toronto roots, continuing to grow our operations and workforce, and are thrilled to do so in a new, state-of-the-art waterfront office space. 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.
“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.”
Ontario Minister of Economic Development, Job Creation, and Trade, Vic Fedeli, added: “Ontario’s deep talent pool, cutting edge innovation ecosystem, and competitive business costs make our province an ideal place for businesses to invest and grow.
“Leaders in Ontario’s tech and entertainment sector like theScore will be at the forefront of our economic growth and recovery as we proceed out of the pandemic. We congratulate theScore on their expansion in Toronto and for their continued support of homegrown tech talent.”
Mayor John Tory said: “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.
“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.”
The building’s design will allow theScore to create an open and collaborative office environment tailored to its business. In particular, it will benefit from the Waterfront’s ultra-high-speed broadband fibre-optic network, which will deliver internet connection speeds faster than the North American average, as well as sophisticated audio-visual and video conferencing tools.