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  #1061  
Old Posted Jan 29, 2025, 1:43 PM
jammer139 jammer139 is offline
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Beer Store on Piccadilly has closed with others likely closing around the province. This downtown location should be attractive for redevelopment whether as retail or even residential.

https://lfpress.com/news/local-news/beer-store-in-londons-core-closes-union-fears-more-to-follow
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  #1062  
Old Posted Jan 29, 2025, 2:37 PM
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Beer Store on Piccadilly has closed with others likely closing around the province. This downtown location should be attractive for redevelopment whether as retail or even residential.

https://lfpress.com/news/local-news/beer-store-in-londons-core-closes-union-fears-more-to-follow
Well that kinda sucks for the downtown folks. Does the Valu Mart across the street sell beer now at least? It's a small store already so not sure where they would find room to stock beer. I know corner stores will sell singles or 6 packs but larger quantities are harder to come by. I have memories of going there and lugging a couple 2-4s up Richmond to a buddy's place. I guess if you're lazy there's delivery apps for that now if you wanna shell out some more bucks.

Also a lot of people that relied on it for bottle returns will need to lug their empties elsewhere now.
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  #1063  
Old Posted Feb 1, 2025, 6:51 PM
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City explores program to incentivise commercial/retail in the downtown.

https://lfpress.com/news/local-news/coul...rocery-store-to-downtown-london-well-see
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  #1064  
Old Posted Feb 4, 2025, 8:09 PM
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  #1065  
Old Posted Feb 6, 2025, 12:35 PM
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Arva Flour Mill see boost in orders due to tariff threats.

https://lfpress.com/news/local-news/pro-...u-s-too-boom-at-landmark-arva-flour-mill
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  #1066  
Old Posted Feb 12, 2025, 12:58 PM
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Probably going to be a good change for the Covent Market to adjust their hours of operation.

https://lfpress.com/news/local-news/empt...-driving-changes-at-covent-garden-market
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  #1067  
Old Posted Feb 12, 2025, 7:18 PM
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Probably going to be a good change for the Covent Market to adjust their hours of operation.

https://lfpress.com/news/local-news/empt...-driving-changes-at-covent-garden-market
Covent Market changing its business hours is a reflection of the changing times.

The purpose and role that a community’s core has traditionally had is changing, and will change much more in the future. Futurists such as Alvin Toffler were predicting this sort of dramatic technology-driven change 40 years ago in his work “The Third Wave” (still a relevant work). The role that city cores have played had not dramatically changed in hundreds (dare I say thousands) of years. Being centrally located for all in a community (i.e. – same distance to travel to), it has been a communally convenient place to conduct group activities such as commercial trade of goods, provision/sale of services, social administration, social events, and much more. With the advent of the industrial revolution, a mass migration from rural areas to cities occurred, making the role of the city core even greater, and that growth continued right up to perhaps the 1980’s.

Starting at about that time (1980’s), the next wave, the information-based revolution, began when the cost of mainly digital hardware and software became sufficiently low to be employed by many of those traditional activities undertaken in city cores. Within a span of perhaps 30 years following that, a large business that once required an internal army of staff simply to perform filing of endless (hardcopy only) records, sorting and distributing internal mail, or conducting clerical functions only needed a small fraction of that traditional army of staff for those functions, and resultantly the size of those organizations proportionally shrank. The introduction of high throughput communications systems being installed beginning in the 1990’s made the requirement for regional offices for many large businesses to be greatly reduced or even made completely unnecessary, as control and governance for an organization at a provincial or national scale could be exercised from a small handful of large head offices scattered across the nation. Again and again, more reasons for having fewer and fewer people in those city cores continued to manifest themselves in the past 30 or 40 years.

With the imminent introduction of artificial intelligence, extremely high throughput communication systems, eventual mass robotics, and changing social expectations of where work can/should be performed (or even the changing definition of work and leisure) will only continue (and likely accelerate) the erosion of, and in many cases perhaps eliminate, many of the customary activities/reasons for city cores to exist. The commercial trade of goods is already all but gone (other than of niche/boutique sector). The provision/sale of services has been reduced to specialized or professional services. What remains will need to be reasons that lean more towards a more communal function. There will for the time remain good reasons for administrative functions to have a place in a communities’ core because it still benefits the larger population. The overriding reason for a city core in the future however will be increasingly social: people will have to want to be there for its own sake. People wanting to live there. To spend leisure time there. To gather there socially. To learn there. Instead of a traditional city core having 30,000 people working there and only several thousand living there, it will need to be 30,000 people living there and less than half of that working there. That is why the development of residential accommodations is so critical to the survival of the cores of medium sized cities, and it is a race against time.

To close the loop, with Covent Market altering its business hours to better accommodate a growing residential population downtown, and acknowledging the continuing decline of the employment population, it points to things trending positively and smart businesses are recognizing the future ahead.
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  #1068  
Old Posted Feb 20, 2025, 2:45 PM
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  #1069  
Old Posted Feb 21, 2025, 1:46 PM
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Contract Award: RFT2024-246 - Innovation Industrial
Park Subdivision Phase 5

$13.6M tender for phase 5 site prep of the Innovation Park at Bradley and VMP. This is 200 acres.

https://pub-london.escribemeetings.com/filestream.ashx?DocumentId=114067
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  #1070  
Old Posted Feb 26, 2025, 1:47 PM
jammer139 jammer139 is offline
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LAV armoured vehicles refurb work happening in Dorchester for Ukraine.


https://lfpress.com/news/local-news/more...-bound-for-ukraine-as-canada-stands-firm
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  #1071  
Old Posted Mar 11, 2025, 8:51 PM
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London ranks number 3 on this list.

A benchmarking study conducted by the Canadian Homebuilders' Association (CHBA) has ranked London third in the country performance wise in terms of approval timelines, municipal fees, and planning features.

London stood out in the CHBA’s dataset as having the fastest site plan and development permit approval timelines in Canada.

https://www.ctvnews.ca/london/article/lo...ment-outperforms-ontario-benchmark-chba/
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  #1072  
Old Posted Mar 12, 2025, 7:46 PM
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The Beer Store at Adelaide and Lorne Ave will be closing. Hopefully the property gets redeveloped with a low rise apartment building rather than sit vacant for years and become a target for vandals.

https://www.ctvnews.ca/kitchener/article...nces-store-closures-in-southern-ontario/
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  #1073  
Old Posted Mar 13, 2025, 1:20 AM
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Once the Ministry finally signs off on the recent Heights Review that City Council passed, that property will be permitted up to 15-storeys based on the new Urban Corridor placetype policies. Given the size of the property I'm not sure if something that large is actually feasible, but at least it gives any prospective purchaser the flexibility to maximize the property.
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  #1074  
Old Posted Mar 18, 2025, 7:46 PM
jammer139 jammer139 is offline
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London's housing starts has fallen so far this year due to tariff uncertainties.

https://lfpress.com/news/local-news/lond...umbers-collapse-is-donald-trump-to-blame
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  #1075  
Old Posted Mar 20, 2025, 8:58 PM
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Impacts of Hudson's Bay store closures on White Oaks and Masonville Malls.

https://lfpress.com/business/local-busin...ay-stores-close-what-will-fill-the-space
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  #1076  
Old Posted Mar 21, 2025, 1:15 PM
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Impacts of Hudson's Bay store closures on White Oaks and Masonville Malls.

https://lfpress.com/business/local-busin...ay-stores-close-what-will-fill-the-space
Masonville quickly filled the spots left by Target/Zellers (Homesense/Marshals on first floor, Rec Room on the second) and Sears (Sport Chek/Atmosphere, The Keg, other stores).

Heck even Westmount at least got the ground floor filled by these former anchors (Target/Zellers is now a fit for less, Sears is Urban Planet)- not sure about the second floors however.

Both White Oaks and Masonville malls are still quite busy these days- I wouldn't expect them to have too much trouble working with the space?

I'm also surprised at the decision by Wal Mart to stay in White Oaks. It's probably one of the last Wal Marts still leasing mall space. They usually like to move to land they own and build a larger store. I think they own some land near Wharncliffe and Wonderland but they decided to invest and expand the White Oaks store instead of building here. I guess they can always build a new location once demand warrants it.
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  #1077  
Old Posted Mar 21, 2025, 6:37 PM
GreatTallNorth2 GreatTallNorth2 is offline
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Masonville quickly filled the spots left by Target/Zellers (Homesense/Marshals on first floor, Rec Room on the second) and Sears (Sport Chek/Atmosphere, The Keg, other stores).
Masonville will have no problem leasing the Sears space. I would think Uniqlo would like to be at Masonville and their stores are large. It wouldn't surprise me if a department store like Simons would consider Masonville. It has some of the highest sales per square foot in all of Canada.
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  #1078  
Old Posted Mar 22, 2025, 2:48 AM
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Yeah, Masonville will do fine. Cadillac Fairview just has a way of filling space. Very few empty small stores in there right now, and they are always bringing in new ones I've never heard of.

White Oaks I'm less optimistic about, being locally owned now. They don't have the same connections and that Bay store is huge. And it's also 2 floors, whereas the mall is only single floor. If they don't find someone that wants both floors, then it's going to be a big job for Westdell to reconfigure some space to make that second floor accessible to the mall. And they have been spending a lot on that mall lately, let alone all the other projects they have on the go. I can only assume they have a sweetheart lease with Walmart to keep them there, I can't really see what's in it for Walmart to be there other than cheap rent. I used to love White Oaks as a kid but it's just a bland uninteresting place now.

With Westmount, the old Target also has Reptillia behind Fit 4 Less (I assume it's still there although I've never been there and I never hear about it on the news anymore), and they also had Davis Martindale accountants move in upstairs, along with other offices. The upper level of Sears there is empty although they sometimes have some type of popup events in there. I also saw an electrician posting on a local Facebook group that he was in there this week prepping for some type of work. He snapped a couple pics and it just looks like an empty Sears, nothing been done since it closed.

Last edited by Djeffery; Mar 22, 2025 at 2:08 PM.
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  #1079  
Old Posted Mar 31, 2025, 11:38 PM
jammer139 jammer139 is offline
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CTV piece on the ever increasing office vacancy rate in London.

https://www.ctvnews.ca/london/article/london-office-vacancy-at-record-high-265-per-cent/
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  #1080  
Old Posted Apr 1, 2025, 7:32 PM
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The CAMI Brightdrop EV van has had numerous challenges.

https://torontosun.com/news/local-news/t...wcm/5555ff35-6b1c-4f4b-81d6-fe291add7eea
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