Quote:
Originally Posted by astroblaster
kresges building/ delta bingo = sobeys? i've always liked that idea
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Delta Bingo is an example of the stakes of recession-era real estate and an unfortunate one, but given the scale of downtown Hamilton, an express supermarket in the heart of the CBD seems problematic.
Judging by Google Maps, Sobeys has Toronto outlets at Roncesvalles, Bloor, Yonge and Front (two near the U of T campus --
we might have to wait on that sort of development) but little if anything inside what most people would consider the heart of that city's core.
A larger grocery store would be a better use of the space than a bingo hall, but not the ideal use of what should be a prize site. The building would be levelled by the next tenant anyway, so why not dream bigger? One way that makes sense to me is as a smaller facility on the ground level on a residential development. (Seems like a tall order, but they stock both chickens and eggs, so maybe we're covered.) Probably just as well to drop a store to the northeast, say at John and Wilson, where you're a block further from the Farmers Market and a block closer to the Barton FoodBasics. But as Astroblaster mentioned, demography might be something that a chain investor might factor in. Example:
plot the Toronto Sobey's locations.
The Barn was downtown, yes, but its commitment was strongest during its years as an independent. A&P had different priorities.