Banksy artwork restored as public art in pedestrian walkway

The PATH is cool now.

Artwork by the British street artist Banksy, whichonce graced the facade of a Toronto building, is now on display as a public art piecein the PATH, Toronto's Downtown Pedestrian Walkway, next to One York Street north of Harbour Street.

A Toronto developer that salvaged the artwork, Guard with Balloon Dog, unveiled it on Monday. The artworkfeatures a male figure, dressed in a law enforcement uniform, holding the leash of a pink balloon dog that is muzzled.

The artwork, independently appraised at $850,000 US,has been in storage since December 2014, when the developer, Menkes Development Ltd.,decided it should be given new life and put back on display.

Banksy, whose identity has never been confirmed, drew several pieces on Toronto buildings during a 2010 tour of his documentaryExit Through the Gift Shop. Only two pieces of his artworkremain the one now displayed at One York and another in an alleyway near The Esplanade.

"It was originally for the public and we thought 'Why not save it? Why not give it back to the public?' And that's what we've done here," Jared Menkes, vice-president at Menkes, said Monday.

An accompanying art installation, titledSpeculum,reflects theBanksymural in a hallway. It wascreated by designer JohnsonChou, who designed it with the intention ofcreatinga public space for Toronto residentsas they walkby theBanksyartwork.

"You're looking at it initially through a distorted lens. It,in fact, looks like an apparition of theBanksypiece,"Chouexplained.

"It's about creating wonder for the individual viewing the piece."

Menkessaid in a news release that the Banksy artwork was originally foundon the faade of a building at 90 Harbour St. Surrounding graffiti and artwork on the piece was removed by a restoration artist.

Menkes acquired the buildinganddemolished it in 2011to allow for the eventual redevelopment of the site into what the developer calls a large-scale commercial and condominium project.

The site, contained in two million square feet of residential and commercial space,features two condotowers, known as Harbour Plaza, a commercial office building called One York, and a PATH connection where the art installation is located.