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iQ Offices Announce New Premium Workspace in Iconic Toronto Heritage Building



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Leading Canadian workspace operator to unveil all-new flexible workspace at the historic 302 Bay building this fall

TORONTO — iQ Offices, Canada’s largest independent Canadian-owned coworking operator, is set to debut their newest location in one of Toronto’s most impressive heritage buildings. This fall, the company will redefine what ‘workspace’ means – and most importantly, how it feels – when they open the doors to an immaculately reimagined 302 Bay Street.

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King of Bay

Nestled in the heart of Toronto’s financial district at the intersection of King and Bay is this 14-storey heritage landmark. The storied office building debuted in 1917 and secured its Heritage designation in 1976. To this day, the building is revered for its exemplary “temple” style architecture, Art Deco motifs and majestic ground floor reception. 302 Bay is also loved for its expansive south, west, and east-facing windows, its direct connection to First Canadian Place and the PATH network, and its 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, Co-Founder & CEO, 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,” he adds.

iQ Offices’ renovation efforts, currently underway, are fusing technology and functional design, in partnership with leading architectural design firm Arcadis and heritage building preservation experts ERA Architects.

Coming Soon to 302 Bay

iQ Offices is refining all 14 floors, with thoughtfully-designed workspaces, including a rooftop terrace with exceptional city views. 302 Bay will also feature a host of modern amenities such as a games room, wellness rooms, and a hotel inspired ground floor lobby bar and lounge area. Versatile meeting rooms with video conferencing technology are available in both large and small formats, and personal phone booths are available throughout. Private offices are available on floors four through 14.

Style is part of the blueprint: contemporary design elements touch every fit and finish in this Heritage building’s 14 stories. iQ Offices is restoring the building’s famed Grand Banking Hall, complete with a highly decorated plaster ceiling, tavernelle marble wall cladding, and an ornate spiral staircase leading to a mezzanine.

A New Era of Office Culture

iQ Offices counters the misconception that the office is dead; the coworking operator knows first-hand that outstanding spaces compel incredible work and innovation. “Today’s professional expects and deserves more from their workspace. Employers must curate workspaces that earn the commute of their teams, and that provide strong returns on office spend,” says Mr. Willmott.

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“Our philosophy is that the modern office doesn’t need to be renovated, it must be revolutionized. With this outlook, we’re setting a new standard for what office culture can be.” Modern design, boutique-level service, and trusted privacy set iQ Offices apart from traditional coworking.

Secure Your Space

302 Bay will feature workspaces for teams of any size, ranging from 1 to 90 professionals. For a limited time, full-floor workspaces are available, which offer members the opportunity to customize their space.

Interested parties are encouraged to visit or contact Daragh Gregg at to learn more about reserving an office suite.

Renderings and exterior images of the building are available here.

About iQ Offices

Founded in 2012, iQ Offices designs and manages elevated private workspaces that enhance productivity, creativity, and collaboration. iQ Offices’ workspace solutions offer security, privacy, and technical and hospitable amenities, complete with on-site staff. They currently operate more than 3,200 desks across seven Canadian locations, in Vancouver, Toronto, Ottawa and Montreal, and will add their eighth location with the opening of 302 Bay Street in fall 2024.

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