End of Restaurant Row?

For Al Carbone, the long-time owner of Kit Kat Restaurant on King Street, the question of whether to spend thousands of his own dollars in legal fees to combat plans for a 47-floor condo/mixed-use project just west of his location is a simple one. You spend the money. For Al, its all about protecting the heritage buildings there, and what people in the city and tourists have come to know as Restaurant Row. Al and several other restaurant owners in the area between John Street and Peter Street believe the condo project--which has city and OMD approval--will be the first step in their extinction.

Al has launched a website (www.saverestaurantrow.com) with a petition and a place people can make donations to help him in his fight. Al has his lawyer appealing the OMDs decision at a hearing tomorrow. "We have to protect our communities," he says. The developer, King Financial Holdings, says their plan will preserve the heritage of the site--in particular the faade of the heritage buildings along the south side of King Street, which will be included in the development.

Continue reading this story with a free account

Log in or register
Sign up for more articles like this
Subscribe to Bisnow's Toronto Newsletters
Related Stories

Federal Government To Sell Nearly 31K SF In Five Points: The Denver Deal Sheet

Avison Young Had Assets Frozen By Bank Over Unpaid Taxes

Artificial Intelligence Companies Reshaping Dublin Office Demand As OpenAI Confirms HQ

Mars Factory Overhaul Stalls As Candymaker's Chicago Expansion Accelerates

Camden Property Trust Sells West Coast Portfolio, Clears $1.5B Target

Empire State Building Observation Deck Hemorrhaging Visitors, Value

Cortland, Pulte, INVH, Walker & Dunlop Execs Talk Changing Demographics, AI

America's War Machine Is Growing, Sparking A Defense Real Estate Boom

Boca Raton's New Leaders Throwing 'All Kinds Of Curveballs' At Developers

CBRE Posts 16% Revenue Growth In Q2 As Data Center Business Shines

How Metropolis Is Bringing Parking Into The Future With AI And Recognition Technology

While Chicago Development Stalls, Fulton Market Keeps Building