Another one bites the dust.
It looks like Toronto’s iconic Phoenix Concert Theatre might become a condo tower. The popular local music location could soon be home to a 39-storey residential tower that measures 132 metres in height above Sherbourne Street in Toronto.
The proposal, which is tied to developer Sorbara group, outlines how two buildings will be torn down (including the Phoenix Concert Theatre), to make way for the building, which features both high-rise and mid-rise portions.
The proposed building is listed as featuring 456 units, including four studios, 299 one-bedrooms, 121 two-bedrooms and 32 three-bedroom condos. Like most buildings of this type, the bottom floors of the building will feature commercial retailers.
It’s unclear if the Phoenix will relocate or if this spells the end of the venue. That said, the developer does outline how it plans to use 281 square metres of the new condo “for community purposes with programmable space to address the needs of the local artistic community and honour the site’s history of live music performance.”
Image credit: Graziani + Corazza Architects