Actually permits are filed for a restaurant on the city site.

Edit: likely a new location of this restaurant from Vancouver https://www.courtsideonmain.com/

Close, but not quite: https://www.nbarestaurant.com/

Here's the press release:
FIRST NBA COURTSIDE RESTAURANT TO OPEN
IN TORONTO, CANADA IN SPRING 2023

Premium Casual, Sports-Inspired Dining Experience in Downtown Toronto Will Feature Custom NBA-Themed Artwork & Décor, Exclusive Retail Space, Outdoor Dining and More

TORONTO, Feb. 9, 2023 – The National Basketball Association (NBA) today announced that the first “NBA Courtside Restaurant,” a premium, sports-inspired dining experience celebrating the NBA will open in Spring 2023 at 15 Queens Quay East, near the base of Yonge St. in downtown Toronto. The 10,000 square foot space will feature a premium, sports-inspired dining experience that will celebrate the NBA through custom art and decor, a modern food and beverage program, an exclusive retail space, outdoor and private dining, and more.

NBA Courtside Restaurant will be operated by Toronto-based Urban Dining Group, a family-owned and operated business serving the Greater Toronto Area since 1989. Toronto-based chef Erica Karbelnik, who won Top Chef Canada Season 9 and Chopped Canada Season 3, will serve as NBA Courtside Restaurant’s Culinary Ambassador and will oversee the development of a globally inspired menu.

NBA Courtside Restaurant will showcase the stages of an NBA player’s journey from dreamer to champion through artwork and décor inspired by the league and its influence on popular culture, including historic moments from NBA history. The dining rooms will feature artwork by artists KWEST, Victor Solomon, and others. Guests will be able to view a series of NBA Top Shot Moments featuring some of the top plays from the NBA season on display in the restaurant. A large-scale Woodland pop art-style mural titled The Journey by Anishinaabe artist Jenny Kay Dupuis will be featured on one of the restaurant’s exterior walls.

“There’s no better location for the first NBA Courtside Restaurant than Canada, where basketball has a rich history and tradition,” said NBA Canada Senior Vice President, Leah MacNab. “We can’t wait to welcome fans and guests from around the world to this incredible venue, where they can celebrate their shared love of the game in a unique way through a delicious meal and welcoming atmosphere.”

“It’s an honour to be a part of something in our city that is so special. Toronto loves the game. It’s part of our culture, and to showcase that in such a creative way is truly amazing,” said NBA Courtside Restaurant Culinary Ambassador, Chef Erica Karbelnik. “From the artwork and wine to the food, this is a Toronto gem that will continue our love and passion for basketball. I am lucky to be a part of the NBA Courtside Restaurant and am excited to see what the future holds with the NBA."
The retail space within NBA Courtside Restaurant will offer a curated collection of both Official NBA and Exclusive NBA Courtside Restaurant apparel and merchandise from 47 Brand, New Era, Mitchell & Ness and Wilson, and will feature a selection of prints and products featuring custom illustrations by Dupuis.

Fans can learn more about the NBA Courtside Restaurant and receive additional updates ahead of its opening by visiting NBArestaurant.com and by following the restaurant’s dedicated social account (@NBACourtsideRestaurant) on Instagram.
 
Full credit to @emphur for drawing out the first @Ramako post in more than three months! That's always an accomplishment!
 
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They couldn't have possibly found a worse way to integrate that signage if they tried. I realize the restaurant wants visibility as any business does, it's just a jarring addition that I would have thought could have been mounted to the awning in a... less ugly... way.
 
^ Indeed. I'm all for a bit of vibrant urban mess, but this looks like they've tried to construct a mini basketball court on top of the awning!
 
I'd lay part of the blame with the street level treatment in general, remove that canopy and it's just a wall of glass with some nondescript aluminum doors. Not much else to do but stick it on top of the awning like that. The design could be less utilitarian though, for sure.
 

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