G
ganjavih
Guest
That's good. There seem to be more empty stores than usual along that strip of Yonge these days.
|
|
|
That's good. There seem to be more empty stores than usual along that strip of Yonge these days.
S
spmarshall
Guest
It sells wood and garden tools and specialty goods in those categories. It's based in Ottawa, with the Toronto store on Steeles near Weston Road. It's largely mail-order.
B
borgos
Guest
I noticed the same thing. I wonder if it has anything to do with the Boxing Day shootings.
S
samsonyuen
Guest
^oh yeah? Anything good leave? I wonder if the TEC's clearing out its leases to get new tenants in intentionally.
A
andreapalladio
Guest
Commercial leasing doesn't work that way - the tenants leave when they go out of business or decide not to renew the lease. The landlord cant just throw them out.
R
rbtaylor
Guest
You can double or triple the least rate over a short period of time. Same thing as being thrown out.
P
pw20
Guest
Malls can also put in clauses requiring stores to renovate every couple of years. If a store is not profitable then a company won't renovate and will not extend their lease.
A
andreapalladio
Guest
The commercial landlord also pays a contribution for tenant renovations and improvements. That's why stores usually renovate every ten years or so - 10 years being the standard term for a commercial lease.
S
shmoopie nhi
Guest
The Home Company in TD Centre has closed. Their website still lists it as one of their store locations, but also proclaims, "Watch for the opening of our first downtown location..."
Anyone know where this might be, or did they mean the TD Centre location and this is just bad website maintenance?
Anyone know where this might be, or did they mean the TD Centre location and this is just bad website maintenance?
S
samsonyuen
Guest
S
samsonyuen
Guest
B
billonlogan
Guest
Canadian Tire Port Lands redevelopment proposal on former industrial lands located at Lakeshore Boulevard East and Leslie Street, on the edge of the Port Lands / Waterfront area of the City of Toronto.
See the rendering and site plan here
The proposal featured a range of uses, including a new two-storey Canadian Tire store and automobile service centre, together with industrial/office and street-related retail and service commercial uses flanking Lakeshore Boulevard and Leslie Street. The redevelopment proposal places emphasis on promoting an appropriate urban design strategy which emphasizes pedestrian accessibility, building orientation to the street and a high quality of building design.
Courtesy: Walker, Nott, Dragicevic Associates Limited (WND)
See the rendering and site plan here
The proposal featured a range of uses, including a new two-storey Canadian Tire store and automobile service centre, together with industrial/office and street-related retail and service commercial uses flanking Lakeshore Boulevard and Leslie Street. The redevelopment proposal places emphasis on promoting an appropriate urban design strategy which emphasizes pedestrian accessibility, building orientation to the street and a high quality of building design.
Courtesy: Walker, Nott, Dragicevic Associates Limited (WND)
S
samsonyuen
Guest
Oh, was what's now Danier Leather next to HMV on Bloor a Emporio Armani? Sorry.
______________
From: www.thestar.com/NASApp/cs...9048863851
________________
Big box battle shaping up in Durham
Apr. 12, 2006. 01:00 AM
DAVID BRUSER
BUSINESS REPORTER
In fast-growing Durham Region, it's often Main Street merchants and defenders of quaint, historic downtowns making the most noise when big-box store developers make their pitch.
But a high-powered ally recently entered the battle in Bowmanville where a proposed new development has pitted department store against department store.
A proposed Wal-Mart, Loblaws Real Canadian Superstore and Home Depot near downtown would chop 10 per cent off Main Street's business in the first three years of the mega-stores' operation — and that's according to an estimate from Clarington Mayor John Mutton, who strongly supports the development.
So it's no surprise that Bowmanville's Business Improvement Area, or BIA, wants to challenge plans for the big-box stores approved by Clarington Council a few weeks ago.
Leading the opposition against council's approval is Zellers, operator of a 90,000-square-foot store that opened in 1997, which sits across the street from the proposed mega-store site on Highway 2.
It's an interesting twist in a story gripping Durham these days, where commercial development is a lightning-rod issue in communities such as Port Perry, and, in the case of Bowmanville, is pairing odd bedfellows.
Monday night, Scugog Township Council held a public meeting on a proposed development in Port Perry, and residents of all ages, some with babies in tow, packed the room for more than two hours, nearly spilling into the foyer outside.
Some muttered sarcastically or occasionally jeered as developers made their case for a department store — either Zellers, the Bay, Sears or Wal-Mart — and other retail space.
More meetings will be held and Scugog Mayor Marilyn Pearce said it could be months or even years before the approval process plays out.
Meanwhile, the appeal to the Ontario Municipal Board by Zellers and the Bowmanville BIA will cost all parties $2 million in legal and consulting fees, Mutton predicts. "I don't think they made the right decision" by appealing, he said.
Zellers and the BIA, in their notice of appeal, claim commercial growth should be more closely pegged to population growth, and that the area's population cannot support the box stores and other retail areas in Bowmanville. The Municipality of Clarington's population is 81,000.
The appeal said there already is more than enough retail in the area, and that it will be another four years until the population will grow to support what is already available.
`How do you get (people) to shop downtown when you've got multi-million-dollar corporations up there?'
Bowmanville BIA chair Ron Hooper
"I'm in favour of development as long as it's planned, so that everybody can benefit, not just the big players," said BIA chair Ron Hooper, who runs his own store in downtown Bowmanville, Hooper's Jewellers. "How do you get (people) to shop downtown when you've got multi-million-dollar corporations up there?"
But Mayor Mutton dismissed the validity of the appeal arguments, saying Zellers actively lobbied the BIA to join the fight and add credibility to the cause.
"Everyone looks at this as Zellers wanting to protect their monopoly in Clarington, and the Bowmanville BIA and the residents are suffering because of it," he said.
Hooper, too, wonders about the motives of his co-appellant, which has struggled to compete with discount goliath Wal-Mart Canada Corp. "I worry about that. It's potentially a competition thing," he said, but added, "Because the BIA doesn't have deep pockets, we are coat-tailing on the appeal of Zellers. We just don't have the money to substantiate our claims."
By filing the appeal, the BIA ended up forfeiting $400,000 coming its way as part of a $1.1 million deal the city struck with developers to help soften the blow to existing retail centres in Bowmanville, Orono and Newcastle, Mutton said. The mayor added that part of the total sum was contingent upon the BIA not filing an appeal.
Zellers' parent company Hudson's Bay Co. said in a statement: "HBC supports communities in maintaining a respectable level of retail growth per capita in order to ensure local businesses continue to thrive."
Loblaws is slotted to open 178,000 square feet of retail space, Wal-Mart 151,000 square feet and Home Depot around 98,500 square feet, plus an additional 18,000-square-foot garden centre.
The appeal says Loblaws will move out of its current site in the Clarington Centre, which also houses Zellers, to open the larger store across the street. Without that anchor, Zellers fears, the Clarington Centre will wither. A Loblaws spokesperson could not be reached.
To Mutton, the development offers Bowmanville and greater Clarington a chance to win back shoppers leaving the area for big-box retailers in nearby cities.
"There's $250 million shopping dollars annually that are leaving Clarington and going to Oshawa and Whitby for big-box," he says.
It's a similar argument to that made by developers in Port Perry on Monday night: Big-box stores are not going away, and the town will miss the parade of shoppers without new, large retail outlets.
Nick Cowling, spokesperson for Home Depot, is not surprised at how the dispute is shaping up. "It's really not a personal thing. This is a business and you have to make sure you're protecting your assets," said Cowling, adding that a Home Depot is opening in north Whitby this month. "That part of Durham is growing like crazy, from Brooklin out to Courtice, and on to Bowmanville. It's going gangbusters."
Mutton, who's up for re-election this fall, said the municipality has done much for downtown Bowmanville, including making grants available for improving building facades. He said a market analysis shows that after the first three difficult years co-existing with the box stores, Main Street should bounce back.
"People want to see this development. There's a few thousand jobs that come with it," he said. "I know that it's caused some consternation in the downtown. I have no war with the BIA."
______________
From: www.thestar.com/NASApp/cs...9048863851
________________
Big box battle shaping up in Durham
Apr. 12, 2006. 01:00 AM
DAVID BRUSER
BUSINESS REPORTER
In fast-growing Durham Region, it's often Main Street merchants and defenders of quaint, historic downtowns making the most noise when big-box store developers make their pitch.
But a high-powered ally recently entered the battle in Bowmanville where a proposed new development has pitted department store against department store.
A proposed Wal-Mart, Loblaws Real Canadian Superstore and Home Depot near downtown would chop 10 per cent off Main Street's business in the first three years of the mega-stores' operation — and that's according to an estimate from Clarington Mayor John Mutton, who strongly supports the development.
So it's no surprise that Bowmanville's Business Improvement Area, or BIA, wants to challenge plans for the big-box stores approved by Clarington Council a few weeks ago.
Leading the opposition against council's approval is Zellers, operator of a 90,000-square-foot store that opened in 1997, which sits across the street from the proposed mega-store site on Highway 2.
It's an interesting twist in a story gripping Durham these days, where commercial development is a lightning-rod issue in communities such as Port Perry, and, in the case of Bowmanville, is pairing odd bedfellows.
Monday night, Scugog Township Council held a public meeting on a proposed development in Port Perry, and residents of all ages, some with babies in tow, packed the room for more than two hours, nearly spilling into the foyer outside.
Some muttered sarcastically or occasionally jeered as developers made their case for a department store — either Zellers, the Bay, Sears or Wal-Mart — and other retail space.
More meetings will be held and Scugog Mayor Marilyn Pearce said it could be months or even years before the approval process plays out.
Meanwhile, the appeal to the Ontario Municipal Board by Zellers and the Bowmanville BIA will cost all parties $2 million in legal and consulting fees, Mutton predicts. "I don't think they made the right decision" by appealing, he said.
Zellers and the BIA, in their notice of appeal, claim commercial growth should be more closely pegged to population growth, and that the area's population cannot support the box stores and other retail areas in Bowmanville. The Municipality of Clarington's population is 81,000.
The appeal said there already is more than enough retail in the area, and that it will be another four years until the population will grow to support what is already available.
`How do you get (people) to shop downtown when you've got multi-million-dollar corporations up there?'
Bowmanville BIA chair Ron Hooper
"I'm in favour of development as long as it's planned, so that everybody can benefit, not just the big players," said BIA chair Ron Hooper, who runs his own store in downtown Bowmanville, Hooper's Jewellers. "How do you get (people) to shop downtown when you've got multi-million-dollar corporations up there?"
But Mayor Mutton dismissed the validity of the appeal arguments, saying Zellers actively lobbied the BIA to join the fight and add credibility to the cause.
"Everyone looks at this as Zellers wanting to protect their monopoly in Clarington, and the Bowmanville BIA and the residents are suffering because of it," he said.
Hooper, too, wonders about the motives of his co-appellant, which has struggled to compete with discount goliath Wal-Mart Canada Corp. "I worry about that. It's potentially a competition thing," he said, but added, "Because the BIA doesn't have deep pockets, we are coat-tailing on the appeal of Zellers. We just don't have the money to substantiate our claims."
By filing the appeal, the BIA ended up forfeiting $400,000 coming its way as part of a $1.1 million deal the city struck with developers to help soften the blow to existing retail centres in Bowmanville, Orono and Newcastle, Mutton said. The mayor added that part of the total sum was contingent upon the BIA not filing an appeal.
Zellers' parent company Hudson's Bay Co. said in a statement: "HBC supports communities in maintaining a respectable level of retail growth per capita in order to ensure local businesses continue to thrive."
Loblaws is slotted to open 178,000 square feet of retail space, Wal-Mart 151,000 square feet and Home Depot around 98,500 square feet, plus an additional 18,000-square-foot garden centre.
The appeal says Loblaws will move out of its current site in the Clarington Centre, which also houses Zellers, to open the larger store across the street. Without that anchor, Zellers fears, the Clarington Centre will wither. A Loblaws spokesperson could not be reached.
To Mutton, the development offers Bowmanville and greater Clarington a chance to win back shoppers leaving the area for big-box retailers in nearby cities.
"There's $250 million shopping dollars annually that are leaving Clarington and going to Oshawa and Whitby for big-box," he says.
It's a similar argument to that made by developers in Port Perry on Monday night: Big-box stores are not going away, and the town will miss the parade of shoppers without new, large retail outlets.
Nick Cowling, spokesperson for Home Depot, is not surprised at how the dispute is shaping up. "It's really not a personal thing. This is a business and you have to make sure you're protecting your assets," said Cowling, adding that a Home Depot is opening in north Whitby this month. "That part of Durham is growing like crazy, from Brooklin out to Courtice, and on to Bowmanville. It's going gangbusters."
Mutton, who's up for re-election this fall, said the municipality has done much for downtown Bowmanville, including making grants available for improving building facades. He said a market analysis shows that after the first three difficult years co-existing with the box stores, Main Street should bounce back.
"People want to see this development. There's a few thousand jobs that come with it," he said. "I know that it's caused some consternation in the downtown. I have no war with the BIA."
A
andreapalladio
Guest
Yes, and it was briefly something else, the name of which I forget.
A
adma
Guest
I don't know, something about that makes me guffaw, in a British-comedy sort of way...