06-08-2023, 09:19 AM
(06-08-2023, 09:06 AM)SF22 Wrote:(06-08-2023, 08:28 AM)neonjoe Wrote: I really do not know what kind of tenant they will be able to find to fill the former Joe Fresh/Housewares side of the store. Laurentian Power Centre feels like it is ripe for redevelopment. (At least the portion owned by SmartCentres)
Did they just pull out the entire housewares section? I wonder if Loblaws is pulling back on that whole concept, at least at that scale.
I'm shocked that this plaza has been left as-is for so long. When Target and Home Outfitters left, I thought for sure that they'd rip down that building and put up residential towers, or something custom-built (like an IKEA). It's a huge chunk of land with good highway access; it's weird that they've just let it mostly sit.
The one problem with redeveloping the plaza is it is directly in the middle of the AZR of the airport so based upon the updated AZR it is only 115m tall, currently it is 149m so they can't really build anything tall. The Home Outfitters now has another company in their now so it is just the old Target/Zellers that is left empty. I know that the Lowes and Staples aren't leaving anytime soon though so it might be a while.