Sad news that Danks Street Depot is to close, and interesting to note the reasons given by co-owner Jared Ingersoll for the decision:
“The environment is much more demanding than when we opened 11 years ago. Compliancy costs have gone up, running costs have gone crazy, and there is much more competition than there used to be. The carbon tax means it costs me seven times what it did to gas my fridges,” Ingersoll says..
Danks Street Depot was at the pointy end of the vanguard movement that turned Waterloo into an inner-urban yuppie paradise. Safe bet that 95 per cent of the restaurant’s very trendy cashed-up greenie patrons thought the carbon tax a swell ideal when it came into force. Whoops.
UPDATE: When it came to trading on greenie principles, Ingersoll certainly talked the talk: “Founded on the principles of the Slow Food movement, Danks Street Depot, vibrant café and bar, continues to showcase sustainable and ethical principles; championing local producers, seasonal produce and low food miles where possible.”