Impact of Reduced Restrictions –
Activity since Valentines Day has increased, and early indications are that employers will start bringing people back in earnest in March. Transit use remains low in the subways serving office space despite the extensive efforts of the TTC to reduce the Omicron transmission risk.
Our limited data on 905 office space indicates that as much as 25% of office workers are back in the office in suburban parks. This underscores the importance of building confidence in public transportation to enable a stronger return in the Downtown. Stay safe, your SRRA Team.
Links to Articles of Interest
Dig beneath the headlines!
Interesting podcast on approaches being tried in the U.S. to lure workers back to the office
“The Occupancy Index is supported by the City of Toronto, Financial District BIA, Bloor-Yorkville BIA, The Waterfront BIA, Downtown Yonge BIA, St Lawrence Market BIA and Toronto Entertainment District BIA. It is a measure of the percentage of office employees returning to the office compared to the number of employees who would normally have come to their offices pre-COVID. For a detailed description of the calculation please contact Iain Dobson at [email protected],”