Score Media and Gaming Inc.(theScore) and Menkes Developments Ltd. together with property management company BentallGreenOak announced on Thursday that they have entered into an agreement for theScore to lease an 80,000-square-foot space in the Waterfront Innovation Centre, an office and retail development property in downtown Toronto. The company will occupy more than 85% of the exchange, one of two buildings that make up the state-of-the-art complex.
This new expansive office space will house theScore’s workforce and accommodate its business operations, including the highly anticipated rollout of online sports betting in Canada. theScore 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.
theScore Chairman and CEO John Levy, said: “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, commented: "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. As we proceed out of the pandemic, leaders in Ontario’s tech and entertainment sector like theScore will be at the forefront of our economic growth and recovery. We congratulate theScore on their expansion in Toronto and for their continued support of homegrown tech talent.”