The building was damaged in series of five fires from 2000 to 2003, with an October 30, 2003 blaze resulting in the collapse of the roof. The building has sat vacant since, with little work done on the building until the summer of 2010 when the City declared the building “not structurally stable” and at risk of partial collapse.
In April of this year, City Council approved $1.2-mil of financial incentives and last week, the committee of adjustment approved variances requested by Hess Village Real Estate, Denis Vranich’s company, to allow the construction of new dwelling within and the expansion of the existing property at 275 King Street West.
On the same block just west of 275, a new development will soon being begin on the land housing All Saints Anglican Church. A recent OMB allows for the demolish of the church which will be replaced by a residential building.