According to the rumour mill, a vacant building in Parkdale might be turned into a boutique hotel or possibly a restaurant at 1302 Queen St. West. The owners of 99 Sudbury and Cadillac Lounge, who also own the vacant property next door have approached the Parkdale Business Improvement Area (BIA) about possibly converting it into a hotel and main floor community space. Although as of yesterday, we're hearing that a restaurant is more likely.
The building was formerly Club OV, a bar that closed around 2004 and was previously a hotel. The rear of the building is quite large and is currently being used as a parking lot that fits up to 50 cars. According to The Grid, the 10,000 square foot building is listed as a historic site, and was sold to the current owners in 2011 with an asking price of $3.9 million.
Although plans are still up in the air, there is a sign posted in the window asking for community suggestions about the space. We'll keep you posted as details unfold.
? The sign in the window
· Vacant Properties in Toronto [The Grid]