(01-22-2015, 09:33 AM)BuildingScout Wrote: The plaza is being redeveloped. I understand all merchants have been asked to vacate, in which case they would relocate. Let's hope this is the case.Is this really happening at this point in time?
I think Dake, being the largest tenant in the plaza, would be one of the last to leave. In addition, we haven't seen any other tenants moving out yet or putting up notice to their customers that they're relocating etc. On the flip side, the large footprint of that building would make at great onsite presentation centre for a condo development (I'm speculating).
I think Dake is just another case of unprofitable restaurant shutting down. It's a pretty large restaurant and I don't know if they were getting enough traffic to sustain the business. It's a tough industry.