Another Potential Condo for Restaurant Row
By Lucas on Apr 09, 2013
One area that we have talked a lot about as an area in transition is the Entertainment District, along King St. West. At one point, the Entertainment District was known for the late-night partying of the city’s youth. Recently, developers like Lifetime Developments, Graywood, and The Daniels Corporation have purchased parking lots, low-rise commercial buildings, and other plots of land to build new condos.
Restaurant Row and the Entertainment District
One stretch of the Entertainment District that has received a lot of attention in recent years is Restaurant Row, a series of century old low-rise homes that have been repurposed into restaurants. In the past, we discussed the 47-storey condo proposal for 327 King St. West and how it was headed to the OMB.
305 King St. Condo could bring multiple amenities
Well, another landowner seems to be starting the process for a new condo, as a development proposal has popped up for 305 King St. West. The plan calls for a 43-storey condominium. Not much is known about the potential project at this point, but according to the proposal, the landowner is looking to include an office component, hotel, gallery, and a restaurant.
Intensification on King St.
As mentioned, it’s a pretty interesting time for Restaurant Row. Given the City's need to intensify the main streets, it’s not surprising to see developments like these ones get proposed for King. Streets like King, Bloor, and Yonge have been identified in the City’s official plan as targets for intensification. As much as we love what Restaurant Row is today, the addition of new condominiums and improved infrastructure makes sense for the area.
Stay tuned, we’ll be releasing updates on 305 King St. West as information becomes available!