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  #5401  
Old Posted Aug 21, 2018, 2:17 AM
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Ottawa's first Alpha Romeo/Maserati dealership opened on the corner of St-Laurent and Montreal where the BMO branch used to be.

https://ottawa.ctvnews.ca/video?clipId=1466739
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  #5402  
Old Posted Aug 21, 2018, 4:22 AM
shawkr shawkr is offline
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Originally Posted by MountainView View Post
Wow. Wish I was the one who bought it in 2016. 183% Return on Investment.
Wow indeed. I wonder why the steep increase. What new information has been revealed in the last two years to rationalize such an appreciation?
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  #5403  
Old Posted Aug 21, 2018, 1:07 PM
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Metrus originally bought the property as part of deal with CIBC to buy 89 bank locations and lease them back. So perhaps they had to buy out the lease? Plus the CDP approval for increased height and Civic Hospital's new location have potentially increased the value of the site.
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  #5404  
Old Posted Aug 21, 2018, 1:21 PM
kevinbottawa kevinbottawa is offline
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Originally Posted by J.OT13 View Post
Ottawa's first Alpha Romeo/Maserati dealership opened on the corner of St-Laurent and Montreal where the BMO branch used to be.

https://ottawa.ctvnews.ca/video?clipId=1466739
Gotta love traditional media. That's old news. It's been open for a few months. I walk past it pretty often.
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  #5405  
Old Posted Aug 21, 2018, 3:51 PM
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I had a feeling it had been opened for a while, but had no idea it had been a few months.
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  #5406  
Old Posted Aug 21, 2018, 9:15 PM
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Application made to demolish former Sears at Carlingwood

CTV Ottawa
Published Tuesday, August 21, 2018 3:55PM EDT


The former Sears at Carlingwood Shopping Centre could soon be a thing of the past.

The shopping centre has applied to demolish the former Sears portion of the mall, which has been vacant since it closed for good earlier this year.

"An application has been made for construction permits to remove the former Sears building from the site at 2165 Carling Avenue," Patrick Kennedy, a program manager at the city of Ottawa, said in a statement. "The application is currently being reviewed.”

In a tweet, the councillor for the area, Mark Taylor, said the mall has applied to demolish the Sears portion of the building "to make way for future plans."

A Carlingwood spokeswoman declined to comment.

The Sears store, built in the 1950s and a longtime anchor tenant at the mall, closed for good in January. It was part of a nationwide closure of 59 Sears stores, leading to about 2,900 job losses.
https://ottawa.ctvnews.ca/application-made-to-demolish-former-sears-at-carlingwood-1.4062225
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  #5407  
Old Posted Aug 22, 2018, 12:35 AM
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According to CTV, the Beer store on Rideau will be closing soon.
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  #5408  
Old Posted Aug 22, 2018, 12:46 AM
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Originally Posted by J.OT13 View Post
According to CTV, the Beer store on Rideau will be closing soon.
Potential redevlopment site?
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  #5409  
Old Posted Aug 22, 2018, 3:55 AM
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Potential redevlopment site?
Ontario Cannabis Store?
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  #5410  
Old Posted Aug 22, 2018, 11:47 AM
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Carlingwood mall looks to demolish vacant Sears store
Mall's anchor store closed its doors in January

Matthew Kupfer · CBC News
Posted: Aug 21, 2018 4:57 PM ET | Last Updated: August 21




The Carlingwood Shopping Centre has applied for permits to demolish the former Sears store at the corner of Carling and Woodroffe avenues.

Bay Ward Coun. Mark Taylor said the mall approached his office a few days before submitting the official application and has informed its other tenants.

"They've looked at options to try to save the space, utilize it, repurpose it somehow and they have future tenants in mind that they're in discussions with," Taylor said.

"The building just isn't viable. It's very old," he said.

"It would need so much in terms of updating that they feel it's the most prudent course of action to take it down."

Taylor said the mall hasn't told him which business might replace Sears as the anchor tenant and revealed residential units could be part of the mix as Carlingwood rebuilds.

"It's a good possibility, not necessarily in that anchor space, although maybe at other parts in the parking lot," Taylor said.

He said the mall was restricted from developing its large surface parking lot because of a previous arrangement with Sears guaranteeing the store visibility from Carling Avenue.

Taylor said the mall may not offer the same guarantee to a future tenant.

People who work at other stores in the Carlingwood Shopping Centre said there has been speculation about what might replace Sears after the building is torn down.

Alice Wang works at the chocolate store across from the old Sears and has seen the changes at the mall.

"Other stores have closed too and I don't know if that's just the business, but I feel like Sears b​rought in a lot of extra people, extra business coming in all the time," she said, adding Sears had a massive space.

"No other store would be big enough to fill the three floors of Sears."

Wang said it would be good to see another department store fill the space or a clothing store, but recognizes those businesses have been struggling.

Wang's family lives near the mall and she said she's skeptical the community needs more residential units.

Vanda Holland, who works at Unique Accessories, said she wouldn't want to see the mall replaced with condos, as has happened at other small malls.

She said Sears was a major draw of people from all ages.

"We're lacking that in the mall now so we're hoping that there's something will come in there that really contributes to bringing in the young families," Holland said.

She said tenants have also been assured by mall management that demolition and construction shouldn't be too disruptive.

The City of Ottawa confirmed the application is under review.

Taylor said the demolition would be reviewed by city staff, while the proposal for new construction may require approval of the planning committee.

A spokesperson for the Carlingwood Shopping Centre declined CBC's request for an interview.

Taylor, who is not running for re-election, said he plans to meet with the mall next week.

with files from Joanne Chianello

http://www.cbc.ca/news/canada/ottawa/carlingwood-shopping-centre-sears-demolition-1.4793755
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  #5411  
Old Posted Aug 22, 2018, 12:19 PM
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Originally Posted by J.OT13 View Post
According to CTV, the Beer store on Rideau will be closing soon.
Not busy enough? That would be surprising.
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  #5412  
Old Posted Aug 22, 2018, 1:13 PM
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https://ottawa.ctvnews.ca/rideau-st-beer-store-is-closing-1.4062926

Rideau St. Beer Store is closing
CTV Morning Live/CTV Ottawa
Published Wednesday, August 22, 2018 2:50AM EDT
There will be one less option for beer drinkers in downtown Ottawa this fall.

The Beer Street on Rideau Street near Waller St. is closing on October 14.

A spokesperson for the Beer Store says the lease is expiring, and they decided not to renew it.

There are still Beer Store locations on Somerset St. W., on Bank St. in the Glebe, and on Selkirk St. in Vanier.
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  #5413  
Old Posted Aug 22, 2018, 1:49 PM
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Originally Posted by waterloowarrior View Post

There are still Beer Store locations on Somerset St. W., on Bank St. in the Glebe, and on Selkirk St. in Vanier.
Those are all some distance away.
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  #5414  
Old Posted Aug 22, 2018, 1:56 PM
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Originally Posted by kevinbottawa View Post
Ontario Cannabis Store?
Probably too big (?), although people are scrambling around trying to pin down locations and Rideau St would have to be a prime target.
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  #5415  
Old Posted Aug 22, 2018, 2:20 PM
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It is so crowded with bottle returns I doubt sales were very good.
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  #5416  
Old Posted Aug 22, 2018, 2:41 PM
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Are the Farm Boy (Rideau Centre) or Metro on Rideau trusted to dispense beer?
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  #5417  
Old Posted Aug 22, 2018, 2:57 PM
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Are the Farm Boy (Rideau Centre) or Metro on Rideau trusted to dispense beer?
I think only the Loblaws up the road.
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  #5418  
Old Posted Aug 22, 2018, 3:19 PM
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Originally Posted by Acajack View Post
Not busy enough? That would be surprising.
I wonder if it had to do with clientele or if the lease was simply increased. Would be an interesting site to redevelop as long as it isn't another 27 story wall.
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  #5419  
Old Posted Aug 22, 2018, 5:52 PM
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Originally Posted by JHikka View Post
I wonder if it had to do with clientele or if the lease was simply increased. Would be an interesting site to redevelop as long as it isn't another 27 story wall.
You know you WAAAAAAAANNNNT it! LOL!
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  #5420  
Old Posted Aug 22, 2018, 7:45 PM
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I wonder if it had to do with clientele or if the lease was simply increased. Would be an interesting site to redevelop as long as it isn't another 27 story wall.
That location looked reasonably new as well.

It's the closest one to Quebec so I often go there to return my empty wine bottles for refunds - something you can't do in Quebec.

Never bought anything there of course.
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