A Toronto theatre that has served as a local staple for performances and rising artists could soon become the latest casualty of the city's never-end…
A Toronto theatre that has served as a local staple for performances and rising artists could soon become the latest casualty of the city'shas operated at 125 Bathurst Street for almost 55 years, but the theatre's chair, Len Racioppo, issued a statement this week signalling the potential end of the local venue.
"It is expensive to maintain given its age and outdated heating and cooling systems. On many occasions, it has made it an uncomfortable environment."However, Racioppo explained that "a sale of the property has never been the preferred option because we have not found any other home for Factory that provides the proximity to downtown Toronto and public transit. Government assistance in the form of a capital investment has not been forthcoming.
"We have come close to getting a deal done but could not close due to the lack of potential density and the added costs of preserving our heritage structures."
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