Calgary's historic Lido Cafe closes today after more than 50 years, and Calgarians turned out in droves to bid farewell to the much-loved greasy spoon.

The building will be torn down this summer to make way for the Lido project by Calgary's Battistella Developments. The condominiums will go for an average of $600 per square foot.

While fans of the diner won't be able to stop in for coffee and breakfast anymore, they will still see the familiar sign around the neighbourhood; it will be saved and repurposed in the new development project.

 There has been a cafe in the current location since 1963, back when it was called the Lido Coffee Shop. In 1985, the name changed to the Lido Cafe. 

Prior to 1963, the location had been home to Sunnyside Laundry (1921-1934), Pennant Confectionary (1937), and Hewitt's Fish & Chips (1939-1940), among other businesses.

Listen as the Calgary Eyeopener's Danielle Nerman heads behind the scenes at the Kensington institution.