I tend to agree with
MonctonRad on this issue. Charlottetown should be focused on concentrating retail in the downtown, or in existing malls / shopping centres etc. For example, the Royalty Power Centre still has tons of available space and parts of downtown are ripe for commercial development, case in point the new Running Room store on Uni Ave. From what I've seen in the Maritimes, spreading out retail isn't good for anybody.
Perhaps part of the development could be residential? The eastern half seems a bit separated by the trail, and the area could use a few apartments/townhouses and such.
Here's hoping this will be a good new area, and also that downtown will be able to keep it coming with dvelopment as well!