11-13-2021, 10:23 AM
(11-12-2021, 11:15 PM)CP42 Wrote:(11-12-2021, 11:10 PM)tomh009 Wrote: Having a design for a grocery store is nice, but still need to find a tenant who wants to open a store in DTK. And now, with Marche Leo's open already, there is some competition already. Maybe they will have a store open there, or maybe not.
A store of that size would be occupied by a Sobeys or a Loblaws. I don’t think a Marche Leo’s will be getting in the way of that if they want to enter the market, and given the population growth in the core in the coming years, seems like not so bad of an opportunity.
A few years back I had a discussion with a DTK property owner who was trying to get a grocery store tenant, and he told me that at the time the big chains were telling him that DTK needed something like 10,000 more residents in order to warrant a downtown store. DTK has grown since and is definitely still growing. But is it enough? That's a question only the store planners can answer. Until now, nobody has bit, and it hasn't been a question of available space, either.
So, I'm not saying it won't happen, but having a nice retail space for a grocery store doesn't guarantee a grocery store tenant.