Westmount Mall Redevelopment

[TAS]

Mainly because of theft. No idea why they didn't just hire security. It was always busy.

That's exactly what I heard the issue was, too - store theft. They have security in their mall outlets but don't know when that started.
I'd be surprised if they open a Lulu in Westmount, too, as Kingsway isn't that far away and WEM is their best performing store, at least at one time. If they do open, though, the potential for a dt location is even more dire.

 

[Markyeg]

I also can't see the empty food court area being turned into a parking lot, seeing that GYMVNT is still there. But never say never.

Just because it’s there now doesn’t mean First Capital hasn’t bought out their lease/refused to renew it.

 

[Edmcowboy11]

Me neither, but this is probably the cheaper option, rather than do a lot of maintenance to for it to remain an indoor mall which struggled ever since the huge mall further west was built.

The cost is a whole lot less for the property owners. When Capilano Mall closed there were two or three security guards, a maintenance man, and a couple office workers including the mall manager at the time. When the mall was torn down and the strip mall was built all those jobs except for one disappeared. The strip mall management was centralized to somewhere else and simply added to that portfolio for management. All maintenance was handled by a central company that simply added this property to the portfolio as well.