Crocodile Rock, a longtime fixture of Adelaide Street West and people of a certain age set, has become the latest example of a retail and commercial space staring down redevelopment in Toronto’s ever changing Entertainment District.
A lobbyist representing Jeremia Rudin, owner of the adjacent Copacabana restaurant, has commenced talks to redevelop the site at Adelaide and Duncan, according to filings posted on the City of Toronto’s lobbyist registry on March 20th. The lobbyist in question, Ralph Giannone, is a partner and principle architect at Giannone Petricone Associates Inc., a major Toronto architecture firm who has been involved in designing many of city’s condominiums in recent years. BuzzBuzzHome reached out to Giannone Petricone for comment, but has yet to hear back.
While the filing does not reveal any specific details about the redevelopment plan (a development application has yet to be filed for the site), it notes the subject matter and reason behind the lobbying effort as ‘Planning and Development Application, Official Plan; Planning and Development Application, Zoning By-law’. The address on the filing is listed as 240 Adelaide Street West (the current location of Crocodile Rock), but given the involvement of Jeremia Rudin, who owns Copacabana at 230 Adelaide Street West, this suggests that the three buildings on the northeast corner of Adelaide and Duncan have been included in a land assembly (and potentially more).
A lobbyist filing is not a development application, and is not absolute confirmation that any redevelopment is imminent or expected. However, given the amount of development activity in the Entertainment District (which is estimated to house over 40,000 residents by 2020), and the involvement of an architect with expertise in mixed use developments, one would suspect that the site would be redeveloped into a condominium or rental tower with potential for at-grade retail.
As we learn more about Croc Rock’s future, we’ll be sure to post updates along the way. Until then, you can still avail yourself of their cheap after-work drink specials.