Loblaws is rolling out a new small format
No Frills store for downtown urban locations:
• Video Link
The size of these stores is about 10,000 sq ft. This would be ideal for the podium of the Three Sisters. They are looking for dense downtown urban locations. Within 5-7 years, we will have at least five and perhaps six apartment towers in the immediate neighbourhood here. This would likely be approaching the sort of density that they are looking for, and, many of the residents will be seniors who would likely appreciate the convenience of just going downstairs, or across the street to get their groceries.
Dare I say it? The 15 minute city???
Here is the commercial retail footprint under the first sister:
The largest available footprint is just shy of 7,000 sq ft, which is smaller than the No Frills store referenced above, but, I have a sneaking suspicion that there might be a larger footprint CRU potentially available under the third sister.
BTW, I'm pretty sure the "green" CRU is where the recently opened art gallery is located.