Space city backline full#
The not-for-profit organization must have been incorporated for at least one (1) full year prior to making an application for designation of its space under the Subclass.
Space city backline professional#
The property is managed by a building operator who is a not-for-profit organization incorporated under the laws of the Province of Ontario or the Government of Canada, with a functioning board of directors and a stated mandate to provide access to space and/or professional development services for the creative sector. Managed by incorporated not-for-profit organization not a virtual network) with a minimum work and common space area of 5,000 square feet. The property must consist of a physical building (i.e. A Qualifying Property is a property in which all of the following criteria are met: Minimum scale/physical space A membership fee is the fee paid by said members to a building operator to access the space and any shared resources/services offered as a benefit of membership. Qualifying Property Criteria for Membership-based Co-working ModelĪ co-working facility is a type of work space where self-employed individuals or small enterprises (the member) use a shared office or other physical work environment on a membership basis rather than a lease arrangement. Eligible Creative Enterprises for Tenant-based Operating Model Not-for-Profit or For-Profit
Below average market rent is at least 30 per cent lower than the average market net rent for a similar space in the same classification of property as defined by BOMA standards and in the same neighbourhood.Ī membership based co-working facility is a type of work space where self-employed individuals or small enterprises (the members) use a shared office or other physical work environment on a membership basis as opposed to a lease arrangement. The qualifying property must have creative enterprises as tenants that produce cultural goods or provide cultural services that are charged below average market rent. The property must have a minimum of five distinct, full-time tenants that meet the definition of “Creative Enterprises”. not a virtual network) with a minimum net rentable area of 10,000 square feet, or minimum net rentable area of 5,000 square feet where the property is owned by the City of Toronto or notwithstanding, houses more than 40 separate tenants that meet the definition of ‘Creative Enterprises’. Qualifying Property Criteria for Tenant-based Operating Model Minimum scale/physical space A qualifying property must have as tenants creative enterprises that are charged a below market rent, that produce cultural goods and/or provide cultural services.
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