idc24
Active Member
It would make sense for Cineplex to close the Coliseum Mississauga and sell the land. Then Cineplex could renovate and re-open the former cinema space in Sq1.
Last edited:
|
|
| |||||||||||||||||||||
|
Does Ciniplex own that land? It was my understanding that they were usually (always?) tenants rather than landowners.It would make sense for Cineplex to close the Coliseum Mississauga and sell the land. Then Cineplex could renovate and re-open the former cinema space in Sq1.
No. It's owned by the people who own SQ1. SQ1 wants to build condos/offices/retail on the land. They can always build something similar to what they did in Ottawa and call it SQ1 Field.Does Ciniplex own that land? It was my understanding that they were usually (always?) tenants rather than landowners.
Why would they give up units/ density to build a stadium?No. It's owned by the people who own SQ1. SQ1 wants to build condos/offices/retail on the land. They can always build something similar to what they did in Ottawa and call it SQ1 Field.
I doubt it though.
![]()
![]()
SQ1 is owned by Oxford Properties.No. It's owned by the people who own SQ1. SQ1 wants to build condos/offices/retail on the land. They can always build something similar to what they did in Ottawa and call it SQ1 Field.
I doubt it though.
![]()
![]()
Oxford (which is really just OMERS) will build whatever creates the highest value on the land for their pensioners (current and future) I do not think it will be a small to mid sized soccer stadium.SQ1 is owned by Oxford Properties.
The stadium could very well be called Oxford Properties Stadium or similar (but with the Oxford name of course because $$$).
SmartCentres and Cadillac Fairview would want to construct sports venues if this were to be successful.
Why would they give up units/ density to build a stadium?
It would? More than, say, rental apartments or office space (two businesses that Oxford is actually in btw)Because owning the stadium would bring income for an indefinite amount of time.
It would? More than, say, rental apartments or office space (two businesses that Oxford is actually in btw)
Now I am confused are we still talking about Oxford/OMERS when you refer to "their marketing" or have we moved back to Cineplex building a soccer stadium on land they don't own?Why not build an elevated soccer pitch that would be part of a mixed-use (condos/retail/office/hotel), sports (elevated pitch, mini indoor pitches, involve Sheridan College, etc.) , and entertainment (movie, music venue, etc,) complex? Based on their marketing stuff, they are trying to build something that is very unique to NA.
Now I am confused are we still talking about Oxford/OMERS when you refer to "their marketing" or have we moved back to Cineplex building a soccer stadium on land they don't own?
I have no idea how that relates to a couple of pension plans taking valuable land and using it for a small soccer stadium for a fledgling league that has not identified an owner for a team in Mississauga?I'm talking about Oxford/OMERS. Cineplex is just a tenant. Oxford perhaps can relocate Cineplex to the mall and/or include them in the redevelopment of the land north of Rathburn.
Here is one press release: https://shopsquareone.com/sites/def...nt/pr/westexpansion_1-fooddistrict-pr-sq1.pdf
There is another one that I'm looking that for that goes into how SQ1 is trying to do something uniquely different compared to other malls in NA.