Quote:
Originally Posted by YOWetal
Well the two are related. Weaker malls are in trouble all over North America. It's destination or bust at this point. It's still my go to if driving but it has fallen way behind Bayshore and Rideau.
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St Laurent benefits from being in a prime east location, next to the queensway and serviced by underground LRT. All they need to do is throw some condos, office space and attract a signature tenant to make it more of a destination.
malls are hurting, despite their convenience, but St. Laurent should be one of the malls thriving and in my opinion, any lack of success is due to lack of investment and diversified investment in the property. I'm sure something will happen there in the next 5 years.
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