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AlvinofDiaspar

AlvinofDiaspar

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From the Globe (behind paywall):

www.theglobeandmail.com

The looming end of Toronto’s Brass Rail Tavern

The Cooper family are not selling the actual Yonge Street strip club – which is currently closed because of COVID-19 pandemic restrictions – but plan to wind up operations as the site is redeveloped
www.theglobeandmail.com www.theglobeandmail.com

AoD
 
AlvinofDiaspar said:
From the Globe (behind paywall):

www.theglobeandmail.com

The looming end of Toronto’s Brass Rail Tavern

The Cooper family are not selling the actual Yonge Street strip club – which is currently closed because of COVID-19 pandemic restrictions – but plan to wind up operations as the site is redeveloped
www.theglobeandmail.com www.theglobeandmail.com

AoD
Click to expand...

I don't know if they own any of the adjacent properties; that site itself is very deep, but quite narrow.

It would probably need to be part of an assembly.

Looks to be ~4000ft2 from aerial photos.

1617234282289.png
 
Looks to me that the everything to the north up to Hayden is a single lot.

That could make for an efficient assembly. (it would be ~12,000ft2 in conjuction with the Brass Rail)

1617234826499.png


In its current form, that block is nothing to miss.

Though it does have a pizzaiolo in it.

****

Ha!

The Brass Rail is listed in the Heritage Register (plus covered by a Heritage Conservation District)

1617235218959.png


The entire block to the north seems to be listed too.

That's much limited protection vs designation..........but that intrigues!
 
Undead said:
Damn it, another fine establishment lost to gentification. (kidding)
Click to expand...

The article in the Globe and Mail is not behind the paywall as at 7:40am.

www.theglobeandmail.com

The looming end of Toronto’s Brass Rail Tavern

The Cooper family are not selling the actual Yonge Street strip club – which is currently closed because of COVID-19 pandemic restrictions – but plan to wind up operations as the site is redeveloped
www.theglobeandmail.com www.theglobeandmail.com

Key points from said article:

The Cooper family recently began shopping around three properties under and beside the Brass Rail. They are not selling the actual Yonge Street strip club – which is currently closed because of pandemic restrictions – but plan to wind up operations as the site is redeveloped.

Based on comparative land prices provided by their broker, the 0.21-acre site may garner in the range of $32-million.
 
On the subject of the size noted above; I played around a bit, I get the right sized property if you combine Brass Rail with the 2 properties to the south.

Currently Ginger and Naan Kabob.

But that doesn't mean I've got the existing parcel right, that's just a guess.
 
ProjectEnd said:
The media are trying to sell this as a future condo but it’s totally neutered by OPA183. Even the CIM doesn’t really try to push it as a development site...
Click to expand...

For those unfamiliar with OPA 183:

Its colloquial name is:

The North Downtown Yonge Site and Area Specific Policy.

There are a number of design guidelines for the area; and the package also sought to enact the Heritage Conservation District for the area.

The latter remains under appeal.

The design guidelines should resemble those found here:


The details of the Plan can be found here, starting at page 295:

 
Northern Light said:
On the subject of the size noted above; I played around a bit, I get the right sized property if you combine Brass Rail with the 2 properties to the south.

Currently Ginger and Naan Kabob.

But that doesn't mean I've got the existing parcel right, that's just a guess.
Click to expand...

695 (Ginger) and 685 Yonge sold a few years back for about $12m to the same person.
 
Whatever type of erection we get, lets hope that size isn't all that's going for it.
 
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