After 33 years, Toronto's Phoenix Concert Theatre will be closing its doors at 410 Sherbourne Street on January 15, 2025.
The development plans reported back in 2021 are set to proceed, turning the venue into residential housing. That work is also set to begin next year.
According to a press release, the Phoenix's owners are "determining suitable options for a new downtown home for the venue," in collaboration with City Councillor Chirs Moise and others at City Hall.
"Addressing Toronto's housing crisis remains a critical priority, but we must also preserve and nurture our city's cultural spaces," the theatre's co-owner and president, Lisa Zbitnew, said in a statement. "Arts and entertainment are integral pieces of creating vibrant, livable, complete communities. The Phoenix is an integral part of an ecosystem for our local businesses and the closure will have profound impacts for our budding artists, night economy, and on our downtown recovery efforts. I remain steadfast in my commitment to supporting the Phoenix find a new home."
