New bank for Pitt and Ouellette
Patrick O Ryan's closes Oct. 30
Dave Hall
The Windsor Star
Tuesday, September 23, 2008
Construction of a new TD Canada Trust banking centre at the corner of Pitt Street East and Ouellette Avenue is expected to begin before the end of the year, according to a bank spokeswoman.
"I can confirm that we are going into that location and that construction is expected to begin soon but for competitive reasons, I can't provide any more details," said Kelly Hechler. "We generally don't talk about new bank branches and locations until they are about to open."
It's expected the branch will offer a full range of services including commercial and business banking as well as wealth management.
First reported in The Star last November, the $10-million-plus development, on land assembled by Petretta Construction, will require demolition of the long-vacant former Royal Bank building at 166 Ouellette Ave. as well as an adjacent building at 25 Pitt St. E., which is currently occupied by Patrick O Ryan's Pub. The development will also include the parking lot next to Ryan's.
Chris Ryan, who opened his pub in June 1997, said he expected to close the doors Oct. 30.
"Discussions about this development have been going on for a while but it's only been finalized within the past week or so and it's too early to decide what to do next," said Ryan, who does not own the building.
"I just need some time to regroup and decide what to do," said Ryan. "We've had our peaks and valleys over the years and we've developed a strong, loyal clientele who came to see Ryan's as a destination as opposed to just another downtown bar.
"But all good things eventually come to an end and this will be it for us," said Ryan.
Ryan said he'd looked at other downtown locations to replicate his Irish pub's atmosphere but couldn't find anything that fits his needs.
The former Royal Bank building, which was originally the Manning House Hotel, is on the city's inventory of historical buildings and the developers will need council approval for a demolition permit.
The demolition, if approved, wouldn't affect the Shanfield-Meyers Jewellery and China Shop and adjacent Canada Gift Shop, which share the same Ouellette block.
dhall@thestar.canwest.com or 519-255-5777, ext. 408.