Regina Construction III

[SkydivePilot]

Originally Posted by one_brick_at_a_time

So looks like Southland Mall Regina is looking for another major expansion...

I was just browsing the OneREIT website for the mall and upon opening and reading the mall info there is the huge expansion (2 floor area proposed). Would be a perfect spot for a two storey H&M. I am guessing they know they need to provide a new anchor space and location. Awesome renderings and specifically what the mall needs!

http://www.onereit.ca/property/44/southland-mall

Open all attachments of the PDP builder.

That's great 'n everything, but this town, in my opinion, is over saturated with retail. Hmmm.

They must know what they're doing.

[HomeInMyShoes]

I believe they know what they are doing. They have the market in the South now that the Golden Mile is moving to a Superstore and friends format. Havik's move to the South end might be spurring more interest in some larger footprint spots which the mall can't really fulfill at present.

[Nathan]

Originally Posted by one_brick_at_a_time

So looks like Southland Mall Regina is looking for another major expansion...

I was just browsing the OneREIT website for the mall and upon opening and reading the mall info there is the huge expansion (2 floor area proposed). Would be a perfect spot see for a two storey H&M. I am guessing they know they need to provide a new anchor space and location. Awesome renderings and specifically what the mall needs!

http://www.onereit.ca/property/44/southland-mall

Open all attachments of the PDP builder.

I'd rather see H&M somewhere in the downtown area... No idea where... But somewhere there (Old Havik/Smitty's space + other levels?)

Also odd turn of phrase on that page: "premier regional enclosed shopping destination"... Not quite. The Cornwall is a bit ahead. Both in size and drawing power.

I do give them props for the Reno though; much improved!

[one_brick_at_a_time]

Originally Posted by SkydivePilot

That's great 'n everything, but this town, in my opinion, is over saturated with retail. Hmmm.

They must know what they're doing.

I really don't think we are over saturated at all. Perhaps by certain regular businesses that have too many of one store, but currently Regina is majorly lacking in National retail chains, specifically clothing (and even more specifically MENS clothing). Living here in Toronto, there are so many brands that would expand the retail market in Regina to where it actually needs to be and compliment Regina's local businesses as well.

[one_brick_at_a_time]

Originally Posted by Nathan

I'd rather see H&M somewhere in the downtown area... No idea where... But somewhere there (Old Havik/Smitty's space + other levels?)

Also odd turn of phrase on that page: "premier regional enclosed shopping destination"... Not quite. The Cornwall is a bit ahead. Both in size and drawing power.

I do give them props for the Reno though; much improved!

I messaged the Cornwall Centre a while back asking about the old Havik/Smitty's two floor space and they said "We have a team of very smart retail design and leasing experts working on behalf of the owners to pursue the very best options for our market. It will be great fun to finally announce our plans when the time comes." They also wouldn't comment on the rumor of H&M taking that spot, which would be amazing if that is the tenant they are hoping for.

[HomeInMyShoes]

Originally Posted by Nathan

I'd rather see H&M somewhere in the downtown area... No idea where... But somewhere there (Old Havik/Smitty's space + other levels?)

Also odd turn of phrase on that page: "premier regional enclosed shopping destination"... Not quite. The Cornwall is a bit ahead. Both in size and drawing power.

I do give them props for the Reno though; much improved!

Yeah, but does the Cornwall Center actually have a store map somewhere? A touch screen one?

We just need to get another 100,000 people in Regina and we'll see a jump in options for retail, but we are a small market. Probably 250th in the US and Canada combined. That does not put us on the radar to attract the next tier of retail.

[wacko]

I'm not sure if metro areas in Canada and the United States are directly comparable, but on a hypothetical combined list, Regina would seem to rank approximately 226th, or perhaps even slightly higher when factoring in population growth between 2011 and 2014 (the U.S. list uses 2014 population estimates).

[Stormer]

Another great shot from @URstudentUnion

[Stormer]

Originally Posted by wacko

I'm not sure if metro areas in Canada and the United States are directly comparable, but on a hypothetical combined list, Regina would seem to rank approximately 226th, or perhaps even slightly higher when factoring in population growth between 2011 and 2014 (the U.S. list uses 2014 population estimates).

Not really. Regina is a lot different than a lot of U.S. cities. They often have a city population of say 200k and a total metro 3 times the size. It does not necessarily mean that the core of the city is 3 times what Regina is.

[Nathan]

Originally Posted by Stormer

Not really. Regina is a lot different than a lot of U.S. cities. They often have a city population of say 200k and a total metro 3 times the size. It does not necessarily mean that the core of the city is 3 times what Regina is.

The MSAs are generally analagous to our CMAs though and work as a decent comparative to possible market size as far as a retailer's metric goes (regardless of whether the suburb portion is a lot larger there than here).

[jigglysquishy]

Originally Posted by one_brick_at_a_time

I really don't think we are over saturated at all. Perhaps by certain regular businesses that have too many of one store, but currently Regina is majorly lacking in National retail chains, specifically clothing (and even more specifically MENS clothing). Living here in Toronto, there are so many brands that would expand the retail market in Regina to where it actually needs to be and compliment Regina's local businesses as well.

Regina has more retail space per capita than basically every other Canadian metro. Now, the States is far ahead of us, but last time I saw a report it had Regina second to Toronto.

With all these expansions we're going to be first. Not really a good accomplishment.

[thefourthtower]

http://leaderpost.com/business/local-bus...ing-more-entrepreneurial?__lsa=b7d8-b08d

Chamber chair says Regina becoming more entrepreneurial




Bruce Johnstone, Regina Leader-Post
More from Bruce Johnstone, Regina Leader-Post

Published on: January 14, 2016 | Last Updated: January 14, 2016 3:17 PM CST

Since coming here from Saskatoon in 2011, Bob Kasian says he’s noticed a change in the city.

“It’s only been a few years that I’ve lived in Regina and it certainly does have a different vibe than Saskatoon does,” said Kasian, a corporate lawyer with MacPherson Leslie & Tyerman (MLT). “I do think Regina has a more vibrant feel. There is an entrepreneurial spirit here. There’s a real youth entrepreneurial spirit here.”

Kasian, who’s being inducted as the 2016 chair of the Regina and District Chamber of Commerce tonight, says the proliferation of brew pubs, restaurants and nightclubs in the downtown area is just one example of the city’s growing entrepreneurial spirit. “You look at the breweries, the restaurants. These are all young entrepreneurs that are doing a great job and adding to the feel, the vibrancy of the city.”

[Stormer]

Originally Posted by jigglysquishy

Regina has more retail space per capita than basically every other Canadian metro. Now, the States is far ahead of us, but last time I saw a report it had Regina second to Toronto.

With all these expansions we're going to be first. Not really a good accomplishment.

I assume you mean total space not vacant. I see that as a positive. Regina has very high retail sales per person, as well as high disposable income.

[Udon'tknow]

Speaking of retail, I believe the new Atlantis coffee location is now open. Such a great old building, both inside and out, will be a very nice coffee shop. I was also in Malt City for lunch the other day and asked one of the servers if they plan on having a patio and he said it is in the plans for this summer which will be great.

[BrutallyDishonest2]

Originally Posted by jigglysquishy

Regina has more retail space per capita than basically every other Canadian metro. Now, the States is far ahead of us, but last time I saw a report it had Regina second to Toronto.

I'm going to need a source on that. Most studies of Regina, especially a few years ago put Regina has vastly under-served by retail.

[BrutallyDishonest2]

Originally Posted by one_brick_at_a_time

So looks like Southland Mall Regina is looking for another major expansion...

I was just browsing the OneREIT website for the mall and upon opening and reading the mall info there is the huge expansion (2 floor area proposed encompasing two offerings: 2 levels totalling $26,770 sq.ft. or individually 13,000 sq.ft each. It would be a perfect spot for a two storey H&M or other larger national retail chains. It is obvious that they need to provide a new anchor space and location with larger floorplates as most of the vacancy is small, basically unusable spaces unless you are a tiny business. Awesome renderings and specifically what the mall needs!

http://www.onereit.ca/property/44/southland-mall

Open all attachments of the PDF builder.

Also you can see a Galaxy Cinema's building in black at the direct south portion of the mall in two of the renders. Cineplex is definitely in need of revamping the currently movie theatre property, or maybe this is just a hope for the mall but the render looks pretty legit.

To be clear, this has been on their site for 6+ months or so. They are clearly trying hard for H&M, but they have virtually no chance with the Cornwall in the running.

[HomeInMyShoes]

All I've found so far is retail space per capita seems low at least according to the marketing folks for Grasslands. Lease at Grasslands. Saying we have 14.5 sq/ft of retail space per person and saying that we have the second highest consumer spending in Canada, but they don't cite any sources so it is just marketing BS to me.

Anyone know where to find the real information?

[Dan0myte]

Strange right now if you drive down Rae between Parliament and 25th and look to the east you can see Albert Street. The middle of the Golden Mile is completely gone. Definitely a weird sight to see.

[Stormer]

Originally Posted by HomeInMyShoes

All I've found so far is retail space per capita seems low at least according to the marketing folks for Grasslands. Lease at Grasslands. Saying we have 14.5 sq/ft of retail space per person and saying that we have the second highest consumer spending in Canada, but they don't cite any sources so it is just marketing BS to me.

Anyone know where to find the real information?

StatsCan

[Stormer]

Originally Posted by Dan0myte

Strange right now if you drive down Rae between Parliament and 25th and look to the east you can see Albert Street. The middle of the Golden Mile is completely gone. Definitely a weird sight to see.

Good time to take a picture, you may never see it again in you lifetime.