Quote:
Originally Posted by MTLskyline
Here's the list
Sears Full-Line
Nanaimo North Town Centre, BC
Kelowna, BC
Brentwood Town Centre, Burnaby, BC
Polo Park, Winnipeg, MB
Lime Ridge Mall, Hamilton, ON
Oakville Place, Oakville ON
Fairview Mall, North York, ON
Scarborough Town Centre, ON
Fairview Pointe-Claire, QC
Avalon Mall, St. John's, NL
Sears Home
Kelowna, BC
http://www.newswire.ca/news-releases...648748973.html
|
The Fairview Mall closure is particularly troubling, as Sears has almost completed a large-scale renovation of that store that had been going on since last winter. They even had a coffee stand on the lower level that was "coming soon" and looked like it was almost ready to open. Ironically just yesterday I walked by it and thought to myself that this is the kind of desperation Eaton's had in its final days. (Eaton's had introduced juice bars into some of its stores shortly before it announced it was closing its remaining stores in 1999.) All that work for naught.
That Sears is infamous for having a ton of foot traffic that passed through without ever buying anything, as you have to go through that store to get from the mall to the TTC Don Mills subway station. Since the renovations started, the store had been an absolute mess and was not somewhere I'd particularly want to buy anything from, though it had been improving in the past couple months.
As for the mall itself, I suspect Cadillac Fairview has a contingency plan, and I suspect they're going to be looking at redeveloping the west side of the mall, as the mall is currently poorly connected to Don Mills Station and is not a very pedestrian friendly mall to access from either Sheppard Avenue to the south or Fairview Mall Drive to the north. That part of North York sorely lacks a real grocery store; I'm told there was a Loblaws there prior to about 2000, but there's been a ton of new condo development around there since the Sheppard Subway was completed in 2002, and there's more condo towers in the planning stages nearby. As it stands locals must either go to a tiny Foodland (what is this, Bancroft?) in the Parkway Forest subdivision to the south or travel to one of Bayview Village Mall, Shops at Don Mills, or Parkway Mall in Scarborough to get groceries. All of which are a pain to get to either driving or by transit.
As for Scarborough Town Centre, I'm not sure who could possibly go in the space, especially with so much other retail on the periphery of the property (Best Buy, Real Canadian Superstore, etc.). My first instinct was that Nordstrom could go there, but I can't see them wanting to be in a mall that has a Walmart. Not sure if Nordstrom would be interested in Fairview, considering they're already at Yorkdale, although Fairview is in much easier reach of Markham than Yorkdale is.