Gronk!
Senior Member
Another store closing down
This store has been here a long time, so I wonder if the owner is retiring. But Manulife and its upscale focus has been particularly hard hit and has had trouble adapting to the changing downtown environment.Foot traffic in the indoor retail areas won't drastically improve until there is a greater concentration of residents nearby. All of these DT retail RE owners that refuse to support their own spaces by adding residential are going to get killed. It's a disastrous business model.
The EDBA should advocating and encouraging residential development from their members.
Yes, the owner is retiring. So that's why it's closing down after 40 years.This store has been here a long time, so I wonder if the owner is retiring. But Manulife and its upscale focus has been particularly hard hit and has had trouble adapting to the changing downtown environment.
Interestingly, there actually was more thriving retail here a couple decades ago, before more residential was added in the core or nearby, so I don't think that is real problem or adding more residential is a magic solution.
This development permit is just for an external stairwell from the fourth floor rooftop patio to the fifth floor of the tower. The actual building permit for the overall podium repositioning was submitted in September and is under review.it's happening!
10180 - 101 STREET NW Plan 8121364 Blk 1 Lot A - Major Development Permit
External ID
537890590-002
Job Type
Major Development Permit
Description
Exterior Alteration, Demolition
Applicant
KASIAN ARCHITECTURE INTERIOR DESIGN AND PLANNING
Status
Intake Review
Class of Permit
Create Date
November 1, 2024
Approval Date
Location
10180 - 101 STREET NW Plan 8121364 Blk 1 Lot A
Neighbourhood
DOWNTOWN
I preferred the original plan too, but I believe it was based on this continuing to be retail space. Sadly, this retail space has been empty for 5 years or so now, this is better than what we have now which is nothing.
I believe this is tied to the CWB (Nat Bank) fit out….^^
External ID
537890590-002
Job Type
Major Development Permit
Description
To construct exterior alterations to an Office building (enclosed external stairwell connecting the fourth floor rooftop patio to fifth floor of Office tower)
Applicant
KASIAN ARCHITECTURE INTERIOR DESIGN AND PLANNING
Status
In Development Review
Class of Permit
Create Date
November 1, 2024
Approval Date
Location
10180 - 101 STREET NW Plan 8121364 Blk 1 Lot A
Neighbourhood
DOWNTOWN