Ramako
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Masonic Temple future up in air as studio closes
http://www.thestar.com/business/article/1281526--masonic-temple-future-up-in-air-as-studio-closes
Condos or a Toronto museum... which shall it be?
http://www.thestar.com/business/article/1281526--masonic-temple-future-up-in-air-as-studio-closes
Bellmedia is closing its Masonic Temple production studio, leaving the future of the historic Yonge St. building up in the air.
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The CTV purchase came after an outcry over plans to tear the building down and use the site for condominiums. During the controversy, the building was designated as a historic property under the Ontario Heritage Act.
That designation makes it harder for any potential buyer to tear it down, but it could still be converted into condos, perhaps by keeping at least part of the existing facade, suggested veteran real estate consultant Barry Lyon. On the plus side is the site’s prime location, Lyon suggested.
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But it’s got plenty of potential even with its existing structure, mused Lyon.
“It sure would make a nice museum, wouldn’t it?â€
Condos or a Toronto museum... which shall it be?
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