Toronto Vs Vancouver (real estate, live, professionals)
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Which city has the most potential for a World-Class Electronic Dance Music Nightclub. Breakdown the the good, the bad, the ugly of both city, and ease of business, crime/safety.
Toronto is much, much bigger and is generally more friendly to things that are gigantic. Vancouver would be afraid of a world's biggest anything, while Toronto is all about that. Build the world's biggest nightclub in Toronto, it loves that sort of thing.
Definitely Toronto over Vancouver, hands down. Don't even bother looking at Vancouver, the population alone will not support it.
But I think your business idea is highly risky in Toronto. I'm not really in this scene anymore given my age but I find there are very few cities that can support mega-large night clubs. Some things to think about:
-From what I recall, Toronto already has two very large clubs being Guvernment and The Docks (forgive me if there is more but my knowledge is old) therefore I question whether it can support another. Both these places tend to get more busy in the summer or during special events and primarily draw from a big contingent from the suburbs.
-I find the trend is towards smaller venues in Toronto. Even when I was in my party days, large clubs would open but wouldn't last. The hip spots tend to be smaller, mid-sized from what I see nowadays.
-Also, the cost of opening a mega club would be huge (given real estate prices) and you'd have to rely on lots of tourists as well, and Toronto is not like a NY or London where the tourist foot traffic alone can be counted on to fill up a venue.
-Also focusing on Electronic Music alone can limit the crowd. Definitely popular in the city but it seems Bands via live music and hip hop, reggae, etc. are popular too. Toronto has ecletic tastes in music and so having a big venue focusing on just one form of music may not work.
-Remember too this is North America and not Europe. I have a feeling you may be looking from abroad. People go out and party here but not to the same degree as Europe (in my experience, which is a more social work-life balance). A mega nightclub will be only filled with people with an average age of early 20s here. So I would be concerned with getting this demographic. The downtown crowd will be younger professionals in mid-late 20s and 30s and I don't see them going to a 'mega' club.
Take what I'm saying with a grain of salt because I still go out but not so much to nightclubs anymore but based on what I know and what you said, I find it risky. Perhaps someone who is more in this scene can provide a better overview of the landscape.
I'm hardly a fan of Toronto, but it beats Vancouver by a long shot. Vancouver is essentially a giant generic yuppie's paradise, albeit in a very beautiful region. Overall, Toronto is a big mess. But that's what makes it interesting, thus it's ability to provide potential. Vancouver doesn't strike me as interesting, just very generic.
I'm hardly a fan of Toronto, but it beats Vancouver by a long shot. Vancouver is essentially a giant generic yuppie's paradise, albeit in a very beautiful region. Overall, Toronto is a big mess. But that's what makes it interesting, thus it's ability to provide potential. Vancouver doesn't strike me as interesting, just very generic.
That's why Montreal is the best.
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