CF Pacific Centre Developments

[whatnext]

Originally Posted by Hed Kandi

On the contrary, recent studies (http://www.collierscanada.com/~/media/Fi...Retail%20Report%20-%20Spring%202011.ashx) have shown that Canadians spend more per capita on retail goods than our American counterparts.

This is particularly interesting when one considers that Canadians possess a lower average income (http://en.wikipedia.org/wiki/List_of_countries_by_GDP_(PPP)_per_capita) and yet pay a greater amount (http://www.ctv.ca/CTVNews/TopStories/20110414/loonie-prices-bmo-110414/) for the same item as our southern neighbors.

And Canadian consumer debt levels have now surpassed US ones, so anyone basing a business plan for high-end retail on that report is going to get burned, likely sooner rather than later. There are only some wealthy immigrants to go around, and they're unlikely to keep a large store afloat. The rest of the populace waits in 2 hour border line-ups to get to the Premium Outlet Mall in Burlington.

As to the building, its not as horrendous as some woudl make out. Google any modern downtown department stires. Aside from the strangely missing ground level windows, its no worse than many examples, and better than some:
http://www.bing.com/images/search?q=donw...2DCC2828894E0917BDC&first=31&FORM=IDFRIR