dt_toronto_geek
Superstar
It's in the heritage inventory as a listed property, though it's not designated. So it has a better chance of protection than Stollerys did, but I would guess it'll be demolished as well.
On another note, I talked to Kristyn Wong-Tam today, who noted that 'Historic Yonge Street' was being studied as a potential Heritage Conservation District. The boundaries of the district would have included 1 Bloor Street West, so although a designation wasn't yet in place, it likely would have been protected in some form down the road.
I asked her about the likelihood of a special meeting being called to save whatever is left of the building. She said even if a special meeting were approved, which would have been unlikely, the matter would still have to go to Heritage Preservation Services for study, which would have taken weeks if not months.
She also said many businesses in the area are upset that they weren't given any notice of demolition.
This is what the Church-Wellesley Neighbourhood Association is involved with now, not the entire 'Church Wellesley Village' as I stated earlier. I got that confirmed late this afternoon.
If this was so important, then why did the city wait until the store announced the closing. If the building was so important, it should of been designated years ago. This is just KWT trying to get free press.
Your drinking Mizrahi's Kool-Aid, many properties aren't listed because there was no threat to most of them less than a decade ago, now that the threat is present everywhere and an overworked, understaffed Heritage department can't keep up.
KWY stated that she's not running again, she is only a two-term Councillor so presuming that's true, free press to what end? She wanted to affect change, so she ran and won. She can move on in four years and make much more money elsewhere in real estate, art endeavours & such.