Toronto Scarborough Town Centre Redevelopment | ?m | 65s | Oxford Properties | BDP Quadrangle

Aplus23 said:
why is the IKEA closing, that place is always packed
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Likely because they are not selling much merchandise and if they are it's not of high value.

If majority of your sales are from $10.00 potato peelers, $15.00 shelves and $8.99 meatballs you won't survive.

Likewise, a store can be packed but if nobody is buying anything it will go tits up pretty quick.

My guess is the rent was astronomical but without furniture to fall back on they weren't making enough money.
 
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officedweller said:
When the subway is completed (when?) there will be more traffic through the mall.
The big empty spaces will be filled by then.
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Is your logic that people from the danforth will come to STC because it’s now on a subway line? Do people from Yonge and finch who want to go to a mall go to Fairview via subway instead of Easton center? Will the subway going up to steeles make center point busier? How about subway to square one. People from Kipling can leave cloverdale for something decent.
 
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sixrings said:
Is your logic that people from the danforth will come to STC because it’s now on a subway line? Do people from Yonge and finch who want to go to a mall go to Fairview via subway instead of Easton center? Will the subway going up to steeles make center point busier? How about subway to square one. People from Kipling can leave cloverdale for something decent.
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I can’t pin down how much, but centralization effects are a thing, and infrastructure does do that…
 
sixrings said:
Is your logic that people from the danforth will come to STC because it’s now on a subway line? Do people from Yonge and finch who want to go to a mall go to Fairview via subway instead of Easton center? Will the subway going up to steeles make center point busier? How about subway to square one. People from Kipling can leave cloverdale for something decent.
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The subway will make it convenient to get to the mall.
Compared to the current bus only transit option (and the RT) to STC, there will be easier and higher capacity transit access which should translate to more traffic in the area.
If you are on the Danforth line (east of Yonge), some will go to STC instead of the transfer at Bloor-Yonge and the chaos of Eaton Centre (i.e. within STC's catchment area).
That will also depend on the stores on offer.
 
officedweller said:
The subway will make it convenient to get to the mall.
Compared to the current bus only transit option (and the RT) to STC, there will be easier and higher capacity transit access which should translate to more traffic in the area.
If you are on the Danforth line (east of Yonge), some will go to STC instead of the transfer at Bloor-Yonge and the chaos of Eaton Centre (i.e. within STC's catchment area).
That will also depend on the stores on offer.
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There’s a reason eaton centre is chaos. Or that people drive right by STC and or Fairview to go to Yorkdale. And then there’s reasons why other malls are struggling. Will some extra people go? Sure. But the majority want to go to the best malls even if they are further, busier and even have to face nightmare parking scenarios.
 
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sixrings said:
There’s a reason eaton centre is chaos. Or that people drive right by STC and or Fairview to go to Yorkdale. And then there’s reasons why other malls are struggling. Will some extra people go? Sure. But the majority want to go to the best malls even if they are further, busier and even have to face nightmare parking scenarios.
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That is why Markville is so successful.

It is a bit further out than STC but it is bigger and has more selection. It is a superior mall compared to STC.
 
Richard White said:
That is why Markville is so successful.

It is a bit further out than STC but it is bigger and has more selection. It is a superior mall compared to STC.
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I grew up in Scarborough. Walking distance to STC and if there was a car available we went to markdale or Fairview. And that was in a world of simpsons and eatons and burks at STC. I went for the arcade and the ghetto movie theatre. But if that was our idea back when the mall was better I can’t imagine we would be going there just because there’s a subway stop. The added people will be the new residents of the area. And whatever their financial make up is will be the financial make up of the mall. The problem being that the highest trafficking malls are the ones with the fanciest stores.
 
You'd think that Oxford would have the pockets to either improve or reinvent STC (i.e. it also owns Yorkdale),
but yeah, it could be a reputational bias against Scarborough and in favour of other wealthier suburbs like Markham.
There's also the demise of the traditional mall as well.
It could end up being completely redeveloped over time into more of a food, entertainment and lifestyle centre.
If it's like what Shape Properties is doing at Brentwood Town Centre in Burnaby BC, Oxford will build out new retail buildings/plazas with residential towers above closer to McCowan and the new subway station to funnel people to the mall (probably requiring demolition of the Cineplex), then eventually demolish or redevelop the old mall if they need to.
At Brentwood, Shape was originally going to keep and expand the old mall, then they decided to demolish it when their high end vision didn't pan out.
But with Toronto's winters, I would hope they keep some form of indoor centre.
 
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officedweller said:
You'd think that Oxford would have the pockets to either improve or reinvent STC (i.e. it also owns Yorkdale),
but yeah, it could be a reputational bias against Scarborough and in favour of other wealthier suburbs like Markham.
There's also the demise of the traditional mall as well.
It could end up being completely redeveloped over time into more of a food, entertainment and lifestyle centre.
If it's like what Shape Properties is doing at Brentwood Town Centre in Burnaby BC, Oxford will build out new retail buildings/plazas with residential towers above closer to McCowan and the new subway station to funnel people to the mall (probably requiring demolition of the Cineplex), then eventually demolish or redevelop the old mall if they need to.
At Brentwood, Shape was originally going to keep and expand the old mall, then they decided to demolish it when their high end vision didn't pan out.
But with Toronto's winters, I would hope they keep some form of indoor centre.
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Oxford has done everything it could to improve square one. It managed to get holt renfrew there in exchange for more space at their Yorkdale location. It is better. That said the newest part of the mall with the most expensive stores is often substantially less busy than the rest of the mall. their intention was that square one would take the clients from Sherway. Very little of that happened. At the end of the day the best stores aren’t going to open there unless they believe there will be customers there. Holt renfrew was basically strong armed to take a loss at square one but make more profits at Yorkdale. That’s not a sustainable strategy.

If I was square one my last attempt would be to put the LCBO, whole foods, Panera bread, the keg into the Walmart space and move Walmart outside to the lcbo/popeyes/spence diamonds space.
 
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sixrings said:
Oxford has done everything it could to improve square one. It managed to get holt renfrew there in exchange for more space at their Yorkdale location. It is better. That said the newest part of the mall with the most expensive stores is often substantially less busy than the rest of the mall. their intention was that square one would take the clients from Sherway. Very little of that happened. At the end of the day the best stores aren’t going to open there unless they believe there will be customers there. Holt renfrew was basically strong armed to take a loss at square one but make more profits at Yorkdale. That’s not a sustainable strategy.

If I was square one my last attempt would be to put the LCBO, whole foods, Panera bread, the keg into the Walmart space and move Walmart outside to the lcbo/popeyes/spence diamonds space.
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Considering the money Walmart recently poured into the Square One store renovating it, I don't foresee them leaving for at least 5-10 years. They probably got money from Oxford to upgrade the store. And I just remembered this is the Scarborough thread so I'll leave it at that lol
 
So bringing back to STC, maybe Oxford is gun shy with pouring money into STC and the Scarborough market after its Square One experience didn't pan out as well as it had hoped.
 
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officedweller said:
So bringing back to STC, maybe Oxford is gun shy with pouring money into STC and the Scarborough market after its Square One experience didn't pan out as well as it had hoped.
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Scarborough town centre lost birks like 20 years ago. Lost Harry Rosen 20 years ago. It’s been a long time since that mall had the good stuff. Bringing in a Walmart might help the mall fill an anchor tenant space but it again furthers the mall down the dark path. There’s a reason there isn’t a Walmart inside Yorkdale, Sherway, Easton centre. Maybe after all the residents come it can change. But it isn’t going to be something overnight.
 
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