Quote:
Originally Posted by MonctonRad
Greetings Hubbub and welcome to the forum!
Do you have inside information that the NW Centre Target will be opening in the first wave?
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Thanks MonctonRad!!
As for Target, from what i've been hearing is it was when, not if. Then it went back to if, not when but it HAS to happen sometime.
The way i see is that from what i hear, Target needs 120,000 sq ft and we know Zellers is NOT that. If you look at Plaza's site plan, there is room to expand north (right side of Zellers), but that would really eat into parking (even though it hardly seems its being used anyway). But, Target will be a HUGE draw as compared to Zellers and they would probably need those parking spaces.
So, the only other way to go is south where there's oviously leased spaces in the way, with the exceptin of the now vacant Sony. Hmmmm, me think that the weak performing Sony might have been graciously let out of their lease. Thats NOT fact (from what i know of), just theory.....
That still leaves a bunch in the way (Allstate, Moneymart, Rogers, Dr Joyce, Subway, Aarons, and Battery House) and it would cost Plaza a bundle to move locked in leases to make room for Target. Although, i have heard that Aarons is moving to the upcoming plaza that will be built to the south of Dairy Queen.
I heard that Subway was offered some chump change by Plaza to move to the new plaza but they had just reno'd ($$) and said, fudge that, why move farther away from a huge draw like Target.....