From Business in Vancouver:
Steve Silman closed the Railway March 29 after he couldn’t find a buyer for the business or keep up with the mounting costs to operate the popular club at Dunsmuir and Seymour, which served as a live music venue that attracted the likes of the Tragically Hip, Barenaked Ladies and k.d. lang.
“It’s hard to pin down the effect but there will certainly be one, and not in a good way,” he said in an email to the Courier, when asked what the closing of his club does to the cultural fabric of the city. “I think as the cost of doing business and living in Vancouver continues to rise, we will see the trend of more closures and fewer small businesses continue. I also think we’ll see even more and larger new developments as owners look for a way to cover the cost of the land [that] buildings in the city are sitting on.”
The Railway Club on its 80th Anniversary