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Leaside Village Shopping Centre Expansion (First Capital, 2s, Scoler Lee & Associates Architects)
- Thread starter Marcanadian
- Start date
adHominem
Senior Member
That's a lot of surface parking for something 800 metres from an LRT station.
sunnyraytoronto
Senior Member
Why would anyone walk from LRT Station on Eglinton to here,... they would go to the SmartCentre in the middle with the Winners, BestBuy, SportChek, Sobeys, LCBO, HomeDepot, etc,...
sixrings
Senior Member
pretty sure the poster isnt suggesting that this is a great place for shopping since transit riders can access it but rather it is a poor use of land which could be used for condos which would add more riders to the lrt network.
sunnyraytoronto
Senior Member
Even then,... at 800m from LRT station, it’s not within the 500m the Province would target for intensification near subway (underground LRT) station. Then you add City’s Secondary Plan for the area - which the City think would over-ride Provincial planning - that was prior to Doug Ford,...
Tuscani01
Senior Member
Expect more with the replacement Canadian Tire for the one at Eglinton/Laird too. The good news is the area closest to the station will at least be losing surface parking.
Ozman
Active Member
Where exactly is the replacement Canadian Tire going to be located?
innsertnamehere
Superstar
In the Riocan redevelopment of the current site, presumably.
Tuscani01
Senior Member
Nope, the site behind the current store - between Vanderhoof and Wicksteed.
sunnyraytoronto
Senior Member
I guess that’s the stalled site that was originally supposed to be for Walmart,... until retail market crashed last year
mikejb
Active Member
The site to the south-east of the existing Canadian Tire is owned by Smart REIT. I don't think Rio Can owns the other stuff between. Crombie owns the Vanderhoof and Laird corner.
maestro
Senior Member
I thought it crazy to build a Longos beside a foul smelling waste collection facility but, I have been proven wrong.
PMT
Senior Member
Preliminary Report: https://www.toronto.ca/legdocs/mmis/2019/ny/bgrd/backgroundfile-122824.pdf
WislaHD
Superstar
Like it or not, the SmartCentre model is a very lucrative model for the owners.
People in this neighbourhood drive because they want to. This expansion will be popular.
People in this neighbourhood drive because they want to. This expansion will be popular.
innsertnamehere
Superstar
although they were built like wildfire in the 2000's, power centres have actually largely fallen out of fashion for new construction.
They actually don't perform all that well.
Smartcentre's has largely shifted its business model to intensification projects, they don't do many new power centres any more, and many of their centres are sitting empty with few to no new tenants in the last decade.
Investment today is primarily going into renovations and expansions of existing major shopping malls, and the construction of a few new ones (Niagara Outlests and Toronto Premium Outlets were both built recently).
They actually don't perform all that well.
Smartcentre's has largely shifted its business model to intensification projects, they don't do many new power centres any more, and many of their centres are sitting empty with few to no new tenants in the last decade.
Investment today is primarily going into renovations and expansions of existing major shopping malls, and the construction of a few new ones (Niagara Outlests and Toronto Premium Outlets were both built recently).