Kensington Legion sells building, shuts down pub due to financial challenges

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ICYMI: Kensington Legion sells building, shuts down pub due to financial challenges yyc yycbiz

The Royal Canadian Legion No. 264’s restaurant is closed and the branch has finalized the sale of its building at 1918 Kensington Road. It has signed a 50-year lease with the new owners.Sign up to receive daily headline news from the Calgary Herald, a division of Postmedia Network Inc.By clicking on the sign up button you consent to receive the above newsletter from Postmedia Network Inc.

The Kensington legion saw a few tenants move in before 2020 but the pandemic continued to cause problems. Pentney said one tenant was a wedding venue, which saw mass cancellations and loss of revenue due to pandemic restrictions in 2020.Article content “We’ve been engaged with the legion for the last few months, talking about the financial state they’re in. We talked about a number of things including providing tax relief,” said Wong.

 

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