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In July 2021, the developer Bazis filed a zoning by-law amendment application with the City of Toronto to construct a 30-storey, mixed-use condominium tower at 54-74 Dundas Street East and 98-100 Bond Street.
The Imperial Pub was founded as the Imperial Hotel by Jack Newman in 1944. Since then, the establishment's nine hotel rooms located on its second floor have been replaced by a library-themed bar much beloved by Ryerson University students in addition to the ground floor bar. Today, the Imperial is operated by Newman's son and grandsons.