London, Ont.-based IT company Info-Tech Research Group have bought the building for $12.5 million and plan to convert the storied venue in to a new location for its Toronto satellite office, currently located on Front Street East.
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"It's no big deal," he said, though he's now considering hiring a security team.
Built in 1883, the Toronto Arcade was the first modern shopping mall in the city. Its long wooden passageway created a private cut-through from Yonge to Victoria Street containing an eclectic mix of stores. Businesses as diverse as a dentist, business college, and a cattle dealer had a storefronts in the building that would be a landmark on Yonge Street for more than 70 years.
After finally getting released from a queue behind a disabled train only to be stymied a few moments later by a passenger assistance alarm, I thought it worthwhile to dig into the TTC's official records on outages - technical faults, track fires, belligerent riders, weather, the whole lot - in the hope of getting a bigger picture of what a year of problems looks like on paper.
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Talking about the co-ordinated operation, Toronto Police Chief Bill Blair avoided saying whether Rob Ford came up as part of the investigation. He did say, however, that police are "aware of that picture" of Ford with murder victim Anthony Smith and that Mohammed Khattak, another pictured man, "form[s] part of this investigation." More information is expected today.
The H5 fleet entered service in 1976 and were the first in the city to feature built-in air conditioning. Originally fitted orange and brown vinyl seats, a major overhaul program in 1997 brought the now standard red fabric seats to the aging trains and tweaked the interior layout.