Categories: COVID-19

B13 The Baker’s Dozen to shutter

Business incubator B13 The Baker’s Dozen to close permanently

TENANTS OF THE B13 The Baker’s Dozen business incubator located in Old East Village have received a letter from founder William Older notifying the space will close permanently on May 29.

According to CBC News London, the letter states, “In light of recent events, most notably that of the COVID-19 pandemic, there’s no options left that allow B13 to keep financially afloat.”

When Older bought Lilley’s Corner property in June, 2017, he had a vision to transform the block of largely vacant properties into a destination for independent retail, arts and culture. About 18 months later, he had successfully filled 16 commercial spaces at 609-629 with tenants and created a new buzz at the corner of Dundas and Adelaide streets. The number of tenants had since fallen to five.

Older had recently sold the building, but continued to hold the primary lease while sub-leasing space to B13 tenants.

In a news release announcing the closure, Older stated that in evaluating the business plan all store fronts need to be open on a daily basis and “to that end B13 management had, in the past several months, begun a campaign to attract more tenants that would fit that model.”

Recent Posts

Canadians share their best passive income strategies: The most interesting ones to note

Learn about some of the most interesting passive income strategies Canadians are using right now

1 day ago

Financial resilience on autopilot

Should savings be taken right off your paycheque? Researchers at Western University think so

4 days ago

London Inc. Weekly

London Inc. Weekly: A summary of regional business news from the past week

5 days ago

Dispatch

Dispatch: A summary of recent business appointments and announcements, plus upcoming events for the week ahead

5 days ago

Hiring’s huge mess gets messier

Recruiters are locked in a technological arms race with desperate jobseekers — and secret instructions targeted at hiring robots are…

6 days ago

Commercial Activity: October 22, 2025

A summary of recent commercial real estate activity in London

7 days ago