...neighborhood is just waiting for a Walmart and/or other box stores and The Scott Mission will strive to get rating in Gourmet and Toronto Life magazines.
The Silver Dollar & Hotel Waverly could be demolished
The 113-year-old Hotel Waverly, the faded historic building at College and Spadina, could be knocked down along with the Silver Dollar music venue to make way for new student accomodation under plans by The Wynn Group, a Toronto-based rental group and building developer.
If the project gets the green light, the Silver Dollar will get an all-new venue on the ground floor of the 20-storey building. The haggard and insalubrious hotel that dates back to 1900 wouldn't come back.
As currently proposed, the 14,676 square-metre, 20-storey tower would include 202 rental units targeted specifically at students and 1,622 sq. m. of retail space at ground level. The 2nd floor will host a "boutique" version of a Wynn Group fitness studio.
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