# Shopify to triple size of Ottawa headquarters **URL:** \ **Category:** Saul’s Investing Discussions\ **Created:** [March 21, 2017, 2:35pm UTC](https://discussion.fool.com/t/shopify-to-triple-size-of-ottawa-headquarters/39524 "2017-03-21T14:35:27Z")\ **Posts on this page:** 2\ **Page:** 1
**Author:** ![Foolintheopen](https://g.foolcdn.com/misc-assets/discourse-member-avatar_120px_bronze600.png) [@Foolintheopen](https://discussion.fool.com/u/Foolintheopen)\ **Post date:** [March 21, 2017, 2:35pm UTC](https://discussion.fool.com/t/shopify-to-triple-size-of-ottawa-headquarters/39524/1 "2017-03-21T14:35:27Z")
I hesitate to post this here given it isn’t financial/value related, but it does give some insight into the company’s plans… _Given its rapid sales trajectory it was only a matter of time Shopify would outgrow its state-of-the-art headquarters building at 150 Elgin St._ _ **That 170,000-square-foot facility was outfitted just three years ago.** But last week Shopify Inc. signed a lease to eventually take over an additional 325,000 square feet of nearby office space at 234 Laurier Ave. — best known as the former headquarters of the Export Development Corp., a federal crown corporation._ _“Ottawa may be one of the best places in the world right now to build a multibillion-dollar business,” said Harley Finkelstein, Shopify’s chief operating officer. “In fact, we consider Ottawa to be one of Shopify’s competitive advantages.”_ _Shopify has some interesting ideas about whom it would like to hire._ _“Shopify is composed of highly talented, deeply caring individuals,” the company noted in a recent filing with the U.S. Securities and Exchange Commission. “But at our core, we value people who get s@#$ done, build for the long-term, focus on simple solutions, act like owners and thrive on change.”_ [http://ottawacitizen.com/business/local-business/shopify-to-…](http://ottawacitizen.com/business/local-business/shopify-to-)… They are going to expand over a course of several years so they don’t take on the full cost all at once, yet are planning for future growth. ---
**Author:** ![SaulR80683](https://sea2.discourse-cdn.com/motleyfoolfree/user_avatar/discussion.fool.com/saulr80683/32/4661_2.png) [@SaulR80683](https://discussion.fool.com/u/SaulR80683)\ **Post date:** [March 21, 2017, 3:31pm UTC](https://discussion.fool.com/t/shopify-to-triple-size-of-ottawa-headquarters/39524/2 "2017-03-21T15:31:01Z")
_I hesitate to post this here given it isn’t financial/value related, but it does give some insight into the company’s plans…_ Wow, foolintheopen, that is certainly very relevant news about Shopify! Thanks! Saul