Quote:
Originally Posted by Vin
If Nordstrom/PC turns out to be a success, I'm sure developers/retailers would finally consider the General Post Office site to be downtown's second huge mall.
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You will likely see a lot of retail but not in a traditional mall format. It will be a true mixed use development.
One thing to note, if you walk Pacific Centre below Nordstrom you will notice that the expansion space isn't 100% leased, and some of the tenancies are to not entirely optimal tenants (I'm looking at you rockport...). Demand for downtown mall space is not as high as you may believe, and if Canada's most productive mall can't lease out brand new space below Nordstrom, I doubt a mall on the fringe of downtown would be a highly successful venture.
Quote:
Originally Posted by Sheba
I'm not sure how easy it would be to tear down and rebuild as there's underground space that's not open to the public. I just asked about it and hopefully will hear something this week.
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The Bay Parkade will be torn down. Not any time soon is my guess, as Holborn has their hands full at little mountain, but a full redevelopment is in the cards for that site.