pw20
Active Member
Thanks,
Just another point regarding the transformation - I'd be really curious if such projects have any economic impact - clearly there was a lot in terms of construction jobs; What I mean is, do rents increase (i.e. does demand increase).
In this cause, I'd be surprised if you could correlate the two i.e. prove it at all.
It's not as if bloor street has any competition in Toronto; Now, if later we see the yorkville proper area do something similar (i.e. north of this) well that could be the result of this.
I'd say Bloor does have competition: Yorkdale.
Yorkdale is doing a bang-up job of attracting similar extremely high-end retail to their mall (Tiffany, Burberry, both opened recently in Yorkdale). Just as malls expand, and renovate Bloor Street upped their game too.