New Openings and Familiar Names in Uptown Waterloo This Fall

Walk down King Street from the King Street Towers on a Thursday evening and you'll pass two storefronts that used to be something else. The signage is new. The awnings are new. The building underneath hasn't moved an inch in years.

That's the part of this fall's dining lineup that doesn't show up in a quick scroll through restaurant listings. Ask what's new in the stretch of King and Princess that anchors daily life for anyone living near the University of Waterloo or Wilfrid Laurier, and you'll get a list of five or six names. Ask which of those are actually new businesses, as opposed to old businesses under new management and a new sign, and the list gets a lot shorter. Only two of them are genuinely new tenants. The rest are the same rooms, the same liquor licenses in most cases, running under a different name.

The Two That Are Actually New

Second Cup Café opened its first Uptown Waterloo location this spring, in April 2026, on King Street in the heart of the district. It's owned and operated by local franchisees Anil and Minal Pablani, and the chain's own marketing describes it as built for the daily rhythm of people who already live and work in the area, not for visitors passing through. That's a fair read of the location. A coffee shop opening on a street already dense with bars and dinner spots isn't filling a gap in the nightlife. It's filling a gap in the morning.

The other genuine newcomer is Madras Social, a South Indian kitchen and bar that held its grand opening on Sunday, September 20, just over a week before this was written. It's a category that hasn't had much of a foothold in the immediate area. Madras Social's own website was still saying "opening soon" days after the doors had already opened.

Those two are the whole list of true additions. Everything else on King and Princess this fall is a restart.

The Names That Changed, Not the Buildings

The bar at 56 King Street North spent years as The Drink Uptown before reopening under a new name, Crown Bar & Social, last September. The renovation brought fresh seating and a different look, and the opening weekend pulled a reported 2,500 students through the door, according to security staff quoted at the time. The reported turnout shows how much of the venue’s appeal comes from its campus-adjacent location.

The restaurant now known simply as TRIO tells a similar story. It used to operate as King Street Trio. The kitchen is still run by Chef Kyle, the wine program still built out by Benoit, the format still built around a multi-course tasting menu and Wagyu beef rather than anything resembling a menu overhaul. What changed was the name on the door and, by the restaurant's own description, the sense that it was time for "an evolution." The theme nights every other Wednesday, rotating between France, Mexico and Italy, are the same feature that existed under the old name.

Neither of these is a complaint. A restaurant renaming itself while keeping its kitchen staff and its regulars is a sign of a business that's still working, just repositioning. But if you're the kind of person who tracks "what's new" in the neighborhood you live in, it matters to know the difference between a business that's actually new and one that's simply new to you because it changed its sign since you last walked past.

The One Storefront That Hasn't Changed at All

For contrast, there's Loloan Lobby Bar, at 14 Princess Street West, at the base of the Fourteen Princess building. It's been serving its Southeast Asian lobby-bar menu, cocktails styled after the Metropole Hotel in Hanoi and the Strand in Yangon, since well before this fall's round of renaming started. Reviews of the place stretch back years without a rebrand or a name change in between. It's still Loloan. It still offers free parking after 5 p.m. at the Marsland Centre or the Waterloo Public Library, the same practical detail it's offered the whole time.

Loloan sits in a specialty niche: fine dining with a fixed-price tasting menu. The building at 181 King Street South is now home to LaLa Social House, while the one at 56 King Street North has taken on a new name; Loloan has retained its name.

What This Actually Tells You

If you live within walking distance of King and Princess, this fall's lineup includes two new businesses—a coffee shop and a restaurant—plus two familiar rooms wearing new names. It also tells you something about how this stretch of Uptown actually works. In this area, the changes described here are largely existing addresses taking on new names rather than buildings changing hands or new construction adding capacity. The timing also reflects the academic-year rhythms of a neighborhood built around two universities.

Next September, don't be surprised if Crown Bar or TRIO carry a different name again. Loloan almost certainly won't.

If you're curious how a food and retail scene like this one factors into property values in the University neighbourhood, that's a conversation Gascho Group has often. Make Your Next Move With Confidence.