(02-16-2023, 04:02 PM)Lebronj23 Wrote: I have no idea how it works but if the developer has submitted an application with a grocery store in the plan. Does this likely mean they have at tenant already lined up and agreed upon?
I doubt it. Finding a tenant to agree to move into a building years before it will ever be completed and open to the public is very rare. I suspect by plan it just means building a physical space within the building that could accommodate a grocer should one choose to move in. And it is already designed in a way (physically and economically) that will greatly entice one to sign a lease. Vanmar evidently asked the architectural firm to include space in the design to include one since by the time this project is done there will be a sufficient population nearby, but I highly doubt someone like Sobey's or Fortinos has actually agreed to move in. The economics of things fluctuates way too rapidly to take that chance.