Gronk!
Senior Member
Some stores are closed on Saturday, but in any case I can't wait to walk through it during a weekday lunch break!
|
|
|
Edmonton City Centre Mall (Renovations) | ?m | 2s | LaSalle Investment Management
- Thread starter Daveography
- Start date
Gronk!
Senior Member
As promised - a walkthrough during the lunch hour
NicolBolas
Active Member
I mean that looks semi promising, but malls in general I think are in palliative care. There is some exceptions as always.
I think something like a Ala Moana mall would work (obviously not open air) but a multistorey mall with residential on top.
I think something like a Ala Moana mall would work (obviously not open air) but a multistorey mall with residential on top.
Ohman
New Member
The collection of retail in there looks more sporadic than mill woods town centre. The vision of consolidating the mall on the east half and letting the west go hopefully one day materializes. The current setup is a bit unbecoming of the main downtown shopping destination of a large city. I dont forsee a rebound, this is probably going to continue a decline for the rest of the decade until a major redevelopment in announced. Or at least I hope
David A
Senior Member
I do feel the the nearby office towers and residential probably can support more and better retail than is here right now. Between the disruption from the prolonged LRT construction and COVID which both happened around the same time along with the financial problems and closure of the remaining department store anchor, that was devastating combination.
However that is all in the past now. There has been some recovery and perhaps there will be further especially if some redevelopment or redesign is made to make it more attractive, particularly the west side.
However that is all in the past now. There has been some recovery and perhaps there will be further especially if some redevelopment or redesign is made to make it more attractive, particularly the west side.
NicolBolas
Active Member
Even when malls do major renovations like Londonderry did it still doesn't seem to help.
Development into something compelling would be the best option.
David A
Senior Member
Well every mall in Edmonton has some empty space now including the two biggest WEM and Southgate, but last time I went to Londonderry it seemed to be doing ok.
Yes their renovation was disruptive, but after it was done I noticed it improved and more spaces filled . Of course after they had to deal with COVID after and the closure of the Bay like other malls here and elsewhere.
I feel it was these later challenges and not any failure of the renovation that may have led to not meeting someone's expectations. However, Londonderry is still a viable mall and the renovation is probably partly why.
Yes their renovation was disruptive, but after it was done I noticed it improved and more spaces filled . Of course after they had to deal with COVID after and the closure of the Bay like other malls here and elsewhere.
I feel it was these later challenges and not any failure of the renovation that may have led to not meeting someone's expectations. However, Londonderry is still a viable mall and the renovation is probably partly why.
_urbanite
Senior Member
Nothing wrong with Londonderry Mall or their tenant mix.
Rarely (if ever) do malls have 100% occupancy. Businesses come and go.
Rarely (if ever) do malls have 100% occupancy. Businesses come and go.
Markyeg
Active Member
Yeggy
Active Member
I would never call it the main dt shopping destination.
IanO
Superstar
^it was for decades and will return.
IanO
Superstar
It’s been two weeks and we still haven’t seen/heard anything. Any updates?
Kosy123
Senior Member
Would I love to see an IKEA city in City Centre? Yes. Will it ever happen? Probably not.
Cool to see the stats on the mall though. Retail occupancy is abysmal but actually not as bad as I was expecting.
Cool to see the stats on the mall though. Retail occupancy is abysmal but actually not as bad as I was expecting.
northlands
Senior Member
Member Bio
- Joined
- Jun 18, 2019
- Messages
- 2,735
- Reaction score
- 11,547
- Location
- The trenches (Downtown)
Kind of just reads like a summary of all the suggestions already made in this thread for years. Consolidate retail into ECC east, bring in medical and/or education usages for ECC west, attract new big box for the Bay space, great, awesome, cool...only thing missed was a residential conversion proposition for 102A Tower.
Hope we see something but without subdividing and selling off parcels, it's likely too big of a project for local entities and too risky for any institutional groups.
Hope we see something but without subdividing and selling off parcels, it's likely too big of a project for local entities and too risky for any institutional groups.
David A
Senior Member
I actually feel that someone who understands our community, its unique challenges and wants to improve it would probably be a better buyer for this than some far away institutional investor who would also probably be too risk adverse.
Of course the purchaser would have to have some money to put into redeveloping this, but hey ICE District was developed by a local person and this would probably require much less investment than that.
I don't see medical or education working here for various reasons (in part because we already have several other educational institutions expanding elsewhere nearby), but big box, residential or other commercial on the west side in particular could.