Quote:
Originally Posted by Spr0ckets
The mall is going nowhere.
I realise it's a pipe dream for a lot of people - especially around these parts - and probably in the city) to tear it down and re-design it to fit some grand plan, but at the end of the day, the last word comes down to the landowner and mall landlord - Ivanhoe Cambridge.
And as of right now there's no incentive (financial mainly) for them to go the route that most people think they should go.
In addition to what you've pointed out, it's the third most lucrative retail center in the GVA (after Pacific Centre and Oakridge) and the most highly trafficked one.
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I don't get why it's a dream for some. We have streetfront retail all over the place - Metrotown is the only megamall we have in the region (and highly profitable). Why would they want to kill the goose that lays the golden egg.
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