240 Adelaide West | 199m | 60s | Freed | AS + GG

[ProjectEnd]

Some speculation from BlogTo on Crocodile Rock:

https://www.blogto.com/city/2019/03/toronto-bar-crocodile-rock-demolished-condos/

Not really sure what they could even do. The lot is only 25m deep so you're not going to get adequate separation distances from Boutique to the north.

 

[cd concept]

Does anyone know what's the size of building and height they could build on this property or properties involved? I'm just curious.

 

[AlbertC]

Toronto’s Crocodile Rock Responds To Rumours Of It Being Torn Down

Toronto's Crocodile Rock has responded to recent reports of the bar's redevelopment into condominiums.

www.narcity.com

UPDATE (March 28, 11:40 AM ET): Crocodile Rock has confirmed that the beloved Toronto bar will not be closing down any time soon. In a statement to Narcity, Crocodile Rock says that the rumours of the shut down are simply not true. "We have been cleared by Toronto Health and we have recently signed a 10-year lease. We are not going anywhere," they said.

 

[GabrielHurl]

"We are not going anywhere," they said.

That didn't age well

https://www.facebook.com/crocodilerocktoronto/photos/a.449363161374/10157364581721375

 

[innsertnamehere]

Expect to see a whole lot more of this in the next few months. The restaurant and club industry is going to be completely and utterly decimated.

 

[AlbertC]

Charles Khabouth's businesses are going to take a massive hit no doubt. Also curious to see what will happen to the Copacabana chain, whose owner is also behind that recent ambitious Niagara Falls proposal.

 

[AlbertC]

Pour one out for Croc Rock.

Crocodile Rock closes after 30 years in Toronto's Entertainment District

A bar in Toronto's Entertainment District that has been in business for nearly three decades is thanking its customers for "all the crockin' good times" after announcing it is closing its doors for good.

toronto.ctvnews.ca

 

[ferusian]

Sold to Freed Developments for $67 million.

https://twitter.com/i/web/status/1324847260673474562

 

[Northern Light]

The assembly in question, outlined in white: (from google)

This is based on the Tweet identifying that this includes the Copa Cabana property. No other properties were named, I have assumed it includes all properties in between those 2.

11,000ft2 floor plate

Buildings in question, from Streetview:

None of these properties are listed or designated in heritage register.

Though, the Burrito Boyz property at 224, immediately to the east is listed.

 

[Towered]

Nothing worth saving on this block. Rare for downtown.

 

[ushahid]

what can we expect here? height and density?

 

[AlbertC]

Based on current activity in the area, I'm guessing Freed will probably go for something in the 40-55 storey range for this site.

 

[WislaHD]

Nothing worth saving on this block. Rare for downtown.

Shocking it survived this long, I suppose.

 

[A Torontonian Now]

Shocking it survived this long, I suppose.

For all the concern about covid slowing development, I think this parcel is a case of it speeding it. Those clubs / restaurants were going strong before the pandemic, and I think redevelopment was inevitable eventually, but no one was in a hurry when the properties were still profitable in their current form.

 

[ferusian]

240 ADELAIDE ST W
Ward 10: Spadina-Fort York

Development Applications

Project description:

Proposal for a 68-storey mixed-use building having a non-residential gross floor area of 2336.90 square metres and a residential gross floor area of 40,066.30 square metres. A total of 637 residential dwelling units are proposed.