Postmedia and the the National Post are relocating their national headquarters from the Don Mills area to Bloor & Sherbourne:
Quote:
Postmedia Network and National Post reveal new downtown Toronto HQ
Postmedia Network Inc. announced Friday that it will be moving its headquarters and national newspaper to 365 Bloor Street East in downtown Toronto next year.
Toronto staff of Postmedia Network and the National Post will move starting Dec. 1, 2013. The company has signed a 15-year lease to occupy “several” floors of the 19-storey office building at the Bloor Street East and Sherbourne intersection.
The company said it will be renaming the building and has rights to brand its exterior.
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http://business.financialpost.com/2012/0...nal-post-reveal-new-downtown-toronto-hq/
Along with Coca-Cola moving its headquarters to King East and Google moving its headquarters to the financial district, it's becoming clear that corporate flight to the suburbs is reversing. Suddenly companies want to be right downtown, where the action is. That's a real sign that the city is blossoming.
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