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9 Comments

cityscape

The World’s Biggest Bookstore Will Close in February

The Yonge-Dundas-area landmark is shutting down after 33 years.

Downtown Toronto’s huge bookstore, and its hugely inaccurate name (it’s not the world’s biggest, by a long shot), will be shutting down permanently after 33 years in business. According to the Star, The World’s Biggest Bookstore—whose massive sign dominates Yonge and Edward streets, near Yonge-Dundas Square—is in the process of being sold to Lifetime Developments. A company spokesman tells the Star that the developer doesn’t have any “finalized plans” for the property, but it’s a safe bet that whatever ends up happening there won’t involve books.

The World’s Biggest Bookstore was founded in 1980 as an offshoot of the Coles bookstore empire. (The building used to be a bowling alley.) After a series of corporate mergers, the business fell into Indigo’s hands, but the Star reports that The World’s Biggest Bookstore’s building is still owned by David Cole, who is the son of Cole Books founder Jack Cole. We learned in 2012 that Indigo was planning on moving out, because of a rent hike. With such a prime location at stake, it’s hard to imagine a future that doesn’t involve the site being turned into a tower of some sort.

Here’s a little history of the store, for nostalgia purposes. This, Honest Ed’s, Sears. What’s next?

Comments

  • vampchick21

    I has a sad now. :(

  • tyrannosaurus_rek

    This place lost its lustre for me when I learned it was Indigo in disguise. It was even marketing itself as the anti-Indigo, with signs pointing out the lack of coffee shop and guest speaker reading.

  • Steveinto

    Were do you see condos? The new owner of the property has made no plans for it. In all likelihood it will become retail there is shortage of large retail spaces downtown.

    • D.Hart

      in all likely hood its a commerical / residential

  • http://piorkowski.ca qviri

    Can we have the city require any new development on the site to include a connection to the Dundas subway station? At least the southbound platform and room for a lower-level underpass to the east side of the street.

  • http://piorkowski.ca qviri

    Yes, and it’s super crowded and will only get worse. It’s pretty clear Dundas needs another exit or three.

    • OgtheDim

      So what you are saying is there should be a second exit on the north of the platforms.

      Care to spare a few tens of millions for that?

      • http://piorkowski.ca qviri

        No but my point was the developers can made to do so as condition of city’s approval of a redevelopment.

  • dsmithhfx

    I was in the Bloor West Vge one (also slated for closing) yesterday hoping for sales… Trendy junk emporium with some books down the back.