Hudson's Bay Company seeks 2 Bloor Street East self-storage conversion

Hudson's Bay Company seeks 2 Bloor Street East self-storage conversion

Hudson's Bay Company is now tied to a new use for 2 Bloor Street East. On April 24, an application went to the City of Toronto to change the former Bay space into a self-storage warehouse, with the retail floor in the podium building proposed for multi-level storage.

2 Bloor Street East sits at Bay and Bloor Streets, one of Toronto’s best-known corners. The filing also seeks to reclad the Bloor Street East elevation and replace the canopies, a physical reset for a site that once pulled shoppers through the doors as an anchor tenant.

April 24 filing at 2 Bloor

April 24 is the first date that matters in the file. The zoning bylaw amendment application targets the existing retail space in the podium building formerly occupied by The Bay, and it sets out a use that is very different from the department store layout that used to fill the address.

2 Bloor Street East is part of a larger problem commercial landlords are now trying to solve. Hudson's Bay Company closed all its locations across Canada in June 2025, leaving former stores as large retail voids in prime locations where the old format no longer fits current demand.

Toronto review process for 2 Bloor

The application is still in the early stages of the City of Toronto review process. City divisions and external agencies will review it first, then it moves into community consultation before the public gets a chance to weigh in at a statutory public meeting.

The final decision sits with City Council, which will vote on whether to amend zoning bylaws after those steps are complete. For the site’s owner, that means the proposal is not yet a done deal; for anyone tracking the corner, the next shift comes through the city process, not a tenant announcement.

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