taal
Senior Member
Offices for accounting firms need to be geographically dispersed since the clients are everywhere. Though a lot of the staff work remotely (audit staff at working at the client's offices for example), there needs to be close facilities available to staff in case the client office closes at a certain time, and they need to continue their work in the office.
Another point of note is that accounting firms are highly efficient with office space. Staff under the manager level typically do not have their own cubicles. They have to "book space" when they are in the office, and often times, the space is not even a full cubicle, its just a ledge with a phone on it. If every company is as efficient, I don't think Toronto needs new office towers for years to come...
Right this does make sense given the context ... but it again goes back to the fact we have a lot of employment outside the core.
In terms of total office space in the core it self, Toronto actually doesn't have that much, when you compare it to say Montreal, per capita, they have more space in the core then outside. You see this in other cities as well i.e. Chicago / Calgary.
I guess its just a question which model one prefers ... but I don't think Toronto's was intentionally chosen that way ... rather a consequence of local taxation policies / other socioeconomic factors.