Quote:
Originally Posted by Andy6
The problem was that they redid Polo Park at the same time, and it was bigger and easier to park at. The idea was that going to Portage Place would be the equivalent of a visit to Polo Park, with the Bay at one end and Eaton's at the other, but it was too awkward and far to go from the one department store to the other. This attempt at bringing the feeling of a mall to downtown didn't work because, as a mall experience, it was badly designed and inferior to the real thing. It should have been predictable based on the mediocre performance of Eaton Place since its opening a few years earlier.
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Portage Place was built by Cadillac Fairview who also owned Polo Park (not sure if they still do?) Portage Place never had huge appeal for A list retailers, but Cadillac Fairview could pretty much instruct retailers to locate there. If you want to be at Polo Park, and other premium malls, you go to Portage Place, etc.
When CF sold Portage Place (or did they lose it during bankruptcy? I forget) that was the beginning of the end for Portage Place. Without the leverage that CF brought, A list retailers started dropping one by one.
And I'm sure they never foresaw the failure of Eaton's and downsizing/possible relocation of The Bay ...
North Portage was an interesting experiment. Housing (apartments, 55+, life lease), retail, entertainment (IMAX, Prairie theatre exchange, Famous Players), parking - truly mixed use and had it all. Although even by that time it was pretty well acknowledged that North Portage-style urban renewal was a mistake. I don't necessarily think that the North Portage model was a failure in design; it just wasn't able to overcome the structural challenges that our downtown faced (and continues to face).
And now many of properties are plagued with bad ownership. The worst being the apartments - so much potential there. Google Enzo Barrasso for a little light entertainment.
That being said for the public money that was spent, I'm sure there were more effective ways to spend it.