MaRS Discovery District and the University of Toronto are partnering on opening a new hub for tech startups at a new building on Toronto’s waterfront. MaRS and the U of T announced Tuesday they will be leasing 24,000 square feet of office space in the Waterfront Innovation Centre, a development on the inner harbour near Sugar Beach, when it opens in 2021. A rendering of the Waterfront Innovation Centre, a new development on Toronto's inner harbour, on Queens Quay E. near Lower Jarvis St., set to open in 2021. ( Menkes Developments Ltd. )The move will expand MaRS’s Toronto footprint from its base near College St. and University Ave. MaRS rents out office space to tech startups and provides guidance on capital funding, startup generation and research. “As Toronto becomes a destination for global talent, venture capital and tech corporations, demand for space is at an all-time high.

Source: thestar September 25, 2018 14:37 UTC