Published Jun 06, 2019Just shy of two years on from reports of an imminent closure, Toronto bar and live music venue Cadillac Lounge has announced it will be closing its doors next month.
As BlogTO reports, owner Sam Grosso confirmed the bar has finally been sold nearly two years after real estate listing sparked rumours of a closure.
The site notes that a previous sale falling through led Grosso to keep the bar open in June 2018. Now, the venue's last day in business will be July 14.
Grosso told BlogTO that he isn't sure what will become of the building in the wake of Cadillac Lounge's closure, though he believes the venue is "going to be gutted." He added, "From what I hear from my agent, [the new owners] are not interested in leasing it out as a bar or restaurant. I don't blame them."
In spite of Toronto's mission to be recognized internationally as a music city, factors including skyrocketing rent prices and noise complaints have contributed to a rash of venue closures across the city in recent years.
Among the Toronto venues that have shut their doors since 2017 are Soybomb HQ, Double Double Land, the Hoxton, Coalition, Faith/Void, Holy Oak, UNIUN and the Silver Dollar Room.
Billed as a "haven for live music lovers, those with a penchant for nostalgia and anyone looking for a low key very cool local spot," the Parkdale establishment was opened in 2000. It was a recognizable sight on the street thanks to its hot pink neon signage and Cadillac affixed to the front of the building.