Hat @ 122 | 35.96m | 12s | Cidex Group | NORR

[northlands]

^
Be so nice to get rid of that building and parking lot fronting Jasper Ave. The donair place and liquor store could move into the retail bays at the Hat instead. And then another residential there.

A nice idea but I suspect they would not like to pay the rents required at the HAT.

 

[Tropical]

I'm not in any hurry to see that crappy little commercial building razed. That's actually a better-than-you'd-expect liquor store, and World's Finest makes some of the best donairs in the area. Often times, it seems that businesses like these can't afford the rents charged (or TIs required) in modern podium CRUs.

This is factually correct

 

[David A]

This is factually correct

Which is why some of that new space sits empty for a long time and then when it is finally filled, the business that takes it goes under later or moves. While some of those older spaces that may not look as nice stay filled for a long time.

 

[IanO]

Or worse... demolished for nothing... *looks west with disdain*

 

[Clearshades]

Look east 4 blocks as it wasn't always this pleasantly disdained. Some swear they were in perdition staring at that pit.

 

[cmd uw]

Which is why some of that new space sits empty for a long time and then when it is finally filled, the business that takes it goes under later or moves. While some of those older spaces that may not look as nice stay filled for a long time.

Depends on who's operating the business. I know many people who are good at their respective craft, but terrible operators.

 

[David A]

For most small retail businesses, rent is one of the biggest and sometimes the biggest costs. So a mediocre operator with a good deal on rent can survive and even thrive, while a good operator with high rent may not.

 

[Seandroid]

That liquor store is actually amazing. It’s like opening the gates to Narnia lol. It looks borderline run-down on the outside, then you open the door and it’s like a club with bumping music, neon lights, an amazing local beer selection… very cool.

 

[emirvel]

 

[MacLac]

Looking rather dark inside…….haven't started leasing the apartment units yet?

 

[ChazYEG]

Looking rather dark inside…….haven't started leasing the apartment units yet?

Nope. So far, no occupancy

 

[Platinum107]

I'm excited to see what's gonna go into the CRUs in this building. so cool to have so many options in this 4 block radius with Mercury, OEX and this building now

 

[IanO]

Any word on commercial unit leasing?

 

[ChazYEG]

Any word on commercial unit leasing?

Heard through the grapevines that there is a cocktail bar looking into one of the CRUs to open either there or at the Hat@122.

 

[Barnaby]

I just walked by, and correct me if I'm wrong, but I'm only seeing one large CRU in the building? It looks like a majority of the ground level is dedicated to apartments.