Yonge Sheppard Centre Renovations and Expansion | 123m | 35s | RioCan | Quadrangle

constructo

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Riocan will set rental rates this summer as Pivot is not due to open until Fall. They will be watching vacancy rates and rent values in the city (currently at a low 1% vacancy) before they set their rates. Pivot built small, condo sized units with 1 bedrooms under 500 sq. ft. In comparison, the adjoining Forest Laneway 1 bedrooms are about 800 sq. ft. FLW has raised rents 3 times in 12 months due to demand. Current rates are 1 bdrm.- $1625., 2 bdrm. - $1945., 3 bdrm. - $2450. plus parking at $135 per month.
 

constructo

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Dollarama will soon be moving from their current 6,745 sq. ft. store to a 14,934 sq. ft. location near What a bagel with convenient entrance next to Shoppers Drug Mart. Moving into their old spot will be DSW, (Designer Shoe Warehouse); brand names at discount prices.
 

DB13

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Dollarama will soon be moving from their current 6,745 sq. ft. store to a 14,934 sq. ft. location near What a bagel with convenient entrance next to Shoppers Drug Mart. Moving into their old spot will be DSW, (Designer Shoe Warehouse); brand names at discount prices.
Good to see even more non-restaurant options coming in (DSW), as a variety of shops is important in creating a place that people travel to repeatedly and spend time in. I've been noticing lately how the mall is consistently populated and with a diverse mix of people. It seems like a healthy mix of local residents and subway commuters who aren't merely passing through on the way to the exit.
 

drum118

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March 15
I wished they went with another colour other than black












 

Lyphe

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It's interesting, that new building looks great, but the style is such that it could have been a 60s/70s apartment building with a reskin.
Wonder if that was by design or not.
 

constructo

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Exterior finishes being applied; white metal panels around the base, rectangular concrete patio tiles form the floor, pergolas and flower beds. Looks like they're on schedule for a late summer-fall opening. No rent costs established yet as Riocan continues to monitor a changing rental market.
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