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  #1721  
Old Posted Aug 19, 2015, 11:11 AM
canabiz canabiz is offline
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I just got this from the Gladstone. Looks like it will be staying a theatre, which is great news!
Definitely! Once all the condos around Little Italy are complete and the people start moving in and the nearby LRT stations are finished, I could see real potential for this theatre.

That should also help my friend's sushi restaurant around the corner, which has been hanging by a thread. Hate to stereotype but the theatre-going crowd maybe more wordlly and more open to trying sushi
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  #1722  
Old Posted Aug 19, 2015, 12:49 PM
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Definitely! Once all the condos around Little Italy are complete and the people start moving in and the nearby LRT stations are finished, I could see real potential for this theatre.

That should also help my friend's sushi restaurant around the corner, which has been hanging by a thread. Hate to stereotype but the theatre-going crowd maybe more wordlly and more open to trying sushi
No doubt that the restaurants benefit in a big way from the theatre (and both will benefit from the new condos).

The Gladstone did a dinner and a show cross-promotion with the BIA at one point a few years back, but it seemed kind of half-hearted and didn't go on for very long. I'm no expert, but it would seem to make a lot of sense for the nearby restaurants to give that kind of thing a shot again.
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  #1723  
Old Posted Aug 20, 2015, 1:18 AM
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No doubt that the restaurants benefit in a big way from the theatre (and both will benefit from the new condos).

The Gladstone did a dinner and a show cross-promotion with the BIA at one point a few years back, but it seemed kind of half-hearted and didn't go on for very long. I'm no expert, but it would seem to make a lot of sense for the nearby restaurants to give that kind of thing a shot again.
That's a great idea, phil! I will mention it to my friends and they can at least kick the tires and see if it could be a profitable endeavour. Thanks for the suggestion!
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  #1724  
Old Posted Aug 20, 2015, 5:10 PM
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Gladstone Theatre to survive after conditional sale to supportive buyer

Tom Pechloff, OBJ
Published on August 19, 2015


The Gladstone Theatre has been conditionally sold to a buyer who is committed to keeping the building a theatre, the building’s current leaseholder said Wednesday.

“Having met with (current owner) Steve Martin and the real estate agent and the new buyer, I am thoroughly convinced by the sincerity of the new buyer wanting to continue to lease to us,” said David Whiteley, co-artistic director of Plosive Productions.

Plosive has leased the building for nine-month leases every year since 2011 – its current lease expires at the end of the 2015-16 season in May – and Mr. Whiteley said although signing a new lease was a condition of the sale, that condition was waived when it became clear the new buyer and Mr. Whiteley were going to be able to work together on terms of a new lease.

Mr. Whiteley said the new buyer, who will not be named until the deal is finalized, wants a “fair return” but isn’t terribly concerned about the specifics of a new lease, as long as they are terms Plosive can meet.

“He wouldn’t want to set a new rate which we can’t manage, putting him on the hunt for a new tenant,” he said. “He wants us to be the tenant and he’s ready to work with us on terms that will work for us to let us continue using the theatre as it is.”

Mr. Whiteley said the conditional buyer is active in the real estate industry and the Gladstone is “a drop in the bucket” of his portfolio.

“We all want to see it grow but he’s not going to put a gun to our heads and say ‘Well, you better find a way to make it more profitable so you can pay higher rent or you’ll be out.’ Not at all, he’s ready to work with us,” he said, adding the new buyer’s financial future doesn’t “hang in the balance” of the rent he gets for the building.

Still, Mr. Whiteley said both parties would like to get a new lease hammered out sooner rather than later, although they will take the time necessary to make it fair for both sides. He said the conditional sale will not fall through if lease negotiations take longer than expected.

“(The conditional owner) has a very relaxed attitude, he’s very supportive of us. He knows what he’s getting into and all of that combines me to feel very confident that although things are not concluded yet, they will be,” he said.

Mr. Whiteley couldn’t say exactly when he expects the sale to be final, but said it would be in the “reasonably near future.

“It’s not going to drag on forever,” he said while on a break from rehearsals for Table Manners, the first of three plays that make up The Norman Conquests which opens the Gladstone’s 2015-16 season Aug. 28.

The season is the most ambitious one yet for the theatre with 19 shows over 40 weeks of programming.

http://www.obj.ca/Local/Sports-and-enter...r-conditional-sale-to-supportive-buyer/1
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  #1725  
Old Posted Aug 20, 2015, 11:59 PM
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Four-year reno of L'Esplanade Laurier in the works

Don Butler, Ottawa Citizen
Published on: August 20, 2015 | Last Updated: August 20, 2015 4:47 PM EDT


The federal government is gearing up for a four-year renovation of the aging L’Esplanade Laurier, one of Ottawa’s signature downtown buildings.

This week, Public Works and Government Services Canada invited parties interested in renovating, owning, leasing and operating the 40-year-old marble-clad office complex at Bank Street and Laurier Avenue to submit a response by Sept. 28.

That will kick off a three-stage competitive process leading to a contract to rehabilitate 66,000 square metres of office space, 2,000 square metres of storage space, parking space and common areas starting in September 2017.

The target date for completing the work in one of the complex’s two 23-storey towers is July 31, 2020, with work in the second tower finished a year later.

The building is already nearly 75 per cent empty. About 1,200 employees of the Department of Finance moved into new quarters last year in the James Michael Flaherty Building at 90 Elgin St.

In addition, employees of the Treasury Board Secretariat began moving into the Flaherty building in April. By the end of this month, about 1,500 Treasury Board staff – about 65 per cent of the total – will have moved out of L’Esplanade Laurier.

The remaining public servants in the complex’s east tower will be relocated to a newly leased facility, Public Works said in an email.

Building vacancy is required, Public Works said, because the towers require “mid-life rehabilitation, including upgrading of mechanical and electrical systems, safety systems, sustainability as well as fit-up of floors.”

Once the project is complete, between 4,000 and 5,000 employees will work in the building.

“Many departments have shown interest, given the prime location of the building,” Public Works said. “However, we cannot confirm which departments will occupy the new towers at this stage.”

The government has not revealed the cost of the renovation, but firms responding to the invitation to submit must have worked on two construction projects costing at least $75 million.

L’Esplanade Laurier was purpose-built for the federal government by Olympia and York between 1973 and 1975.

The developer leased space to the federal government before selling the building to the Rosdev Group in 1995. The federal government purchased it for $20 million in 2010.

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http://ottawacitizen.com/news/local-news/four-year-reno-of-lesplanade-laurier-in-the-works
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  #1726  
Old Posted Aug 21, 2015, 11:45 AM
eltodesukane eltodesukane is offline
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L'Esplanade Laurier at Bank Street and Laurier Avenue
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  #1727  
Old Posted Aug 21, 2015, 1:38 PM
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Originally Posted by rocketphish View Post
[B][SIZE="4"]
Building vacancy is required, Public Works said, because the towers require “mid-life rehabilitation, including upgrading of mechanical and electrical systems, safety systems, sustainability as well as fit-up of floors.”
That's surprising, I thought they were going to do a complete gut; like right down to the concrete skelleton. There have been so many problems with the plumbing, ventilation, windows and the marble cladding falling off, I assumed it would all have to go.

I don't think it's any big secret that one of the "interested" tenants is Transport.
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  #1728  
Old Posted Aug 21, 2015, 2:06 PM
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That's surprising, I thought they were going to do a complete gut; like right down to the concrete skelleton. There have been so many problems with the plumbing, ventilation, windows and the marble cladding falling off, I assumed it would all have to go.

I don't think it's any big secret that one of the "interested" tenants is Transport.
If thats the case, it would probabaly be more economical for us (the taxpayers) to tear it down and rebuild a new LEED certified tower with a green roof. Then we could get a larger office space and bring more departments to the building.

But thats just me...
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  #1729  
Old Posted Aug 21, 2015, 2:22 PM
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I would assume there are some standard benchmarks/formulae in the industry for calculating the cost benefit between these two options (gut and refit or demolish and rebuild); as you see both done with buildings at mid-life.
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  #1730  
Old Posted Aug 21, 2015, 2:52 PM
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Isn't Esplanade the temporary home of the Bank of Canada? Would be funny if they have to move to yet another temporary home before they can move back to their HQ.
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  #1731  
Old Posted Aug 21, 2015, 3:05 PM
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Isn't Esplanade the temporary home of the Bank of Canada? Would be funny if they have to move to yet another temporary home before they can move back to their HQ.
Actually, the old EDC at 234 Laurier is the temporary home of the Bank of Canada.
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  #1732  
Old Posted Aug 21, 2015, 3:08 PM
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If thats the case, it would probabaly be more economical for us (the taxpayers) to tear it down and rebuild a new LEED certified tower with a green roof. Then we could get a larger office space and bring more departments to the building.

But thats just me...
The issue with that is L'Esplande is as high as anything on that site would allow, if not higher.
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  #1733  
Old Posted Aug 21, 2015, 3:45 PM
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Actually, the old EDC at 234 Laurier is the temporary home of the Bank of Canada.
Ah ok, that makes more sense.
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  #1734  
Old Posted Aug 22, 2015, 3:50 AM
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I would assume there are some standard benchmarks/formulae in the industry for calculating the cost benefit between these two options (gut and refit or demolish and rebuild); as you see both done with buildings at mid-life.
Yes, a quick and dirty measure is to look at the present maintenance and repair costs and compare it to the replacement cost. If replacement is cheaper, demolish.
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  #1735  
Old Posted Aug 24, 2015, 3:43 PM
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The issue with that is L'Esplande is as high as anything on that site would allow, if not higher.
I meant wider, not necessarily taller... but taller would be nice (although quite forlorn).
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  #1736  
Old Posted Aug 24, 2015, 11:41 PM
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I meant wider, not necessarily taller... but taller would be nice (although quite forlorn).
Oh God no!!! Just what we need, a 20 storey behemoth taking the whole city block. This is what nightmares are made of.
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  #1737  
Old Posted Aug 25, 2015, 5:05 PM
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Laura's Shoppe to close 20 womenswear stores and seek rent cuts on 26 others

The Canadian Press ~ OBJ
Published on August 21, 2015


Canadian retailer Laura's Shoppe Inc. is planning to close 20 stores within a few weeks and seek rent reductions on 26 others as it restructures in an effort to ensure its survival.

Retailer Laura's Shoppe Inc. has filed for creditor protection.

The stores will close by Sept. 13, says a report from the court-appointed monitor KPMG.

Besides the Laura, Laura Petites and Laura Plus brands, the company operates under the Melanie Lyne banner.

It wasn't immediately clear which of the chain's 162 locations are affected or how many of Laura's 2,330 employees will lose their jobs. There are six Laura stores and four Melanie Lyne stores in Ottawa-Gatineau.

The company is also terminating leases at its office and warehouse in Laval, Que., and office in Mississauga, Ont.

The Montreal-based company, founded in 1930, had almost $124 million in liabilities and only $72.5 million of assets as of July 4, according to the report.

Laura's Shoppe filed for creditor protection earlier this month.

Its primary lender Salus Capital Partners of Massachusetts was owed almost $22 million.

Mall owner Cadillac Fairview, which has 39 stores owned by the company, has agreed to provide up to $10 million in restructuring financing.

The company operates in all provinces but Prince Edward Island, and two e-commerce sites.

http://www.obj.ca/Canada---World/2015-08...stores-and-seek-rent-cuts-on-26-others/1
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  #1738  
Old Posted Aug 27, 2015, 4:43 PM
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Local video rental stores staying in the picture

David Sali,OBJ
Published on August 24, 2015


When movie buff Peter Senecal is asked if he ever feels a bit like Gary Cooper in High Noon, he chuckles.

Like Mr. Cooper’s iconic character in the classic 1952 western, sheriff Will Kane, Mr. Senecal is a virtual army of one facing long odds. He is the owner of one of the few remaining movie rental stores in town, Glebe Video International, and the long-term prospects for his industry would seem about as bleak as High Noon’s New Mexico desert backdrop.

The rise of Netflix and other online movie streaming services has killed off big-box competitors such as Blockbuster, not to mention most of the mom-and-pop rental outlets as well.

When Mr. Senecal bought Glebe Video from founder Robert Lecuyer two years ago, it was one of five such stores left in the downtown core. Following the demise of Elgin Video earlier this summer, it is now the last one standing.

But Mr. Senecal believes its days are far from numbered. While business isn’t exactly booming, it’s hardly dying, either. In fact, he says, he continues to sign up new members every day, including more than a dozen on a recent weekend.

“We have people who are in there daily, we have people who are in there a few times a week renting more than a few films,” he says during a conversation over a beer at a Preston Street pub. “This I hear more than a few times a week: we have, in their words, a precious resource.”

The old-fashioned video store still has several advantages over its higher-tech rivals, he argues.

For one thing, he says, Glebe Video gets new releases faster than most streaming services. And he claims Netflix can’t touch his store’s broad selection of foreign and classic films (he’s not sure exactly how many titles he owns, but says it’s somewhere around 18,000).

A lot of customers also rely on his staff’s encyclopedic knowledge of film to help them make their viewing choices, he adds.

In fact, so important are longtime employees Cal Cheney and Paul Green to the store’s success, he says he refused to buy the business until he was assured they would stay on. Newcomer Patrick Nixon-Irwin rounds out the staff.

“Many of our members, as they come through the door, they ask us for suggestions,” says Mr. Senecal, a former Grade 7 and 8 English teacher. “They want to be certain if they have two hours on a Friday or Saturday night, that they’re going to enjoy those two hours and get the most out of it. They might name a particular European director … or it might be more general in terms of new releases. What I hear from them time and again is, ‘You’ve never let us down yet.’”

And there are the less obvious attractions of renting movies the old-school way. He says people are abandoning streaming services and coming back to his store because they “miss the tactile experience of having that display case in their hand” and reading about the movie before renting it.

“It’s actually one of the reasons I have hope for the future of this business. I suspect the possibility of a revival of film rentals and DVD rentals in the future, somewhat analogous to the revival of vinyl (records).”

That experience of thumbing through movie titles and chatting about film remains alive and well at the small Bank Street shop. The DVDs, Blu-ray Discs and VHS tapes (yes, he keeps thousands of cassettes, and he says people still rent them all the time) are sorted in a range of categories, from new releases to country of origin and director.

Every genre under the sun is represented, from dramas to film noir. A treasure trove of classics from Mr. Senecal’s favourite era – the 1930s to the ’50s – includes timeless works such as Howard Hawks’s 1938 screwball comedy Bringing Up Baby and Fritz Lang’s chilling 1931 crime masterpiece, M.

In short, it’s nirvana to a cinephile. But Mr. Senecal says it’s something even more important than that.

“It’s kind of a community meeting place,” he explains. “When people come in, many of them want to kind of run the gamut from just joking around to talking about the weather to talking politics to discussing film to discussing recent books. It’s really charming how sometimes families will meet in there … and will spend an hour there discussing with each other before they decide on a film.”

In many ways, it’s a throwback to a different era, and customers say they wouldn’t want it any other way.

“We really like coming here because it’s a local business,” says Laura Bergen, who rents movies at Glebe Video a couple of times a month, often with her 14- and 11-year-old boys. “They’re really knowledgeable about their material. They’ve got a good selection, and we’ve been coming here for a long time. They’re a fantastic resource.”

A few kilometres away in Ottawa south, loyal customer support has also spared Movies ’n Stuff, another locally owned business, from suffering Blockbuster’s fate.

“We hold our own – always have,” says store manager Peter Thompson, whose parents Barry and Samira opened the family’s first video store in the early ’80s.

While the likes of Netflix and online downloading of movies have cut into rentals, he says there is still a core of film fans who prefer to browse the store’s 8,000 or so titles the way they used to.

“We still maintain a pretty steady business at all times,” Mr. Thompson says. “It definitely makes you feel like you’re contributing something to the community, which is good.”

Whether that loyalty will help the few remaining neighbourhood shops survive in a marketplace that brought much larger competitors to their knees remains to be seen. But one thing seems certain: like the hero of High Noon, they won’t go down without a fight.

“I can only tell you that we’re in the black now and there are hopeful signs with regards to the future,” Mr. Senecal says. “I can foresee myself doing this, as long as we can keep the business healthy, for the next 10 years.”

http://www.obj.ca/Local/2015-08-24/artic...o-rental-stores-staying-in-the-picture/1
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  #1739  
Old Posted Aug 28, 2015, 12:05 AM
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Breaking news 12-pack is coming to the LCBO!

On a related note, I was chatting with a colleague today and he told me his friend, who is a Muslim, recently sold his convenience store because his religion forbids him from selling alcohol. I know alcohol is only going to grocery stores but convenience stores may not be far behind.

I am not an expert in religion so I don't know what Muslim sect (Shia, Sunni or something else?) follows this practice but this certainly won't be the first or the last time we hear about it.


http://www.obj.ca/Local/2015-08-27/artic...ngs-12-packs-of-beer-to-Barrhaven-LCBO/1

Barrhaven beer drinkers will now be able to purchase 12-packs at the LCBO on Riocan Avenue as part of a pilot project the Ontario government launched Thursday.

© provided

Ottawa Centre MPP Yasir Naqvi (third from left) at the LCBO on Riocan Avenue in Barrhaven, one of ten locations in Ontario now selling 12-packs of beer as part of a provincial pilot project

The Barrhaven location is one of 10 LCBO outlets across the province – and the only one in Ottawa – taking part in the project.

This is a small part of significant changes in store for how alcohol is sold in the province, and Ottawa Centre MPP Yasir Naqvi said it will also put a brighter spotlight on Ontario’s craft brewers.

“This pilot program will help modernize the way beer is sold in Ontario, while showcasing our province’s craft breweries and maintaining a high standard of social responsibility,” Mr. Naqvi said in a statement.

The province’s plan also includes eventually selling beer in grocery stores.
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  #1740  
Old Posted Aug 28, 2015, 2:57 AM
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This was announced earlier this year.

I believe beer is supposed to be in grocery stores, and the retail changes fully implemented, by the end of this year.
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