Calgcouver
Active Member
Price point seems a bit high. Curious to see how these sell.
|
|
|
- Thread starter Surrealplaces
- Start date
1875
Senior Member
anyone know whats up with this? macleod and 53rd. pretty good size footprint.
JonnyCanuck
Senior Member
Is it this?
gracorpcapital.com
Poplar Centre | Gracorp
A health and wellness centre considered from the ground up. Poplar Centre is a health and wellness centre located on Macleod Trail just south of downtown Calgary. Centrally located, the three-storey building offers excellent access for Calgarians from all quadrants of the city. Developed in...
gracorpcapital.com
1875
Senior Member
thats gotta be it. north side was 53rd ave but easily could be a block long.
ferreth
New Member
The latest on the Professional Building Construction at Meadows Mile:
Professional Bldg Construction SR600047 by ferreth, on Flickr
Professional Bldg Construction SR600050 by ferreth, on Flickr
As always, more on my Flickr account.
Professional Bldg Construction SR600047 by ferreth, on Flickr
Professional Bldg Construction SR600050 by ferreth, on Flickr
As always, more on my Flickr account.
zagox
Active Member
Calgcouver
Active Member
Morshed
Active Member
I keep forgetting that the city is renovating the old telus world building! It should reopen by summer 2021.
https://www.cbc.ca/news/canada/calg...ion-planetarium-building-open-house-1.5064694
https://www.cbc.ca/news/canada/calg...ion-planetarium-building-open-house-1.5064694
Calgcouver
Active Member
New Horizons should honestly pull out all the stops to do deals with Muji and Uniqlo and this mall would fill up immediately after that. The demographics of NW Calgary support it, but they need anchors to draw people in.
rkarsk
New Member
I got a tour of the work done at the old telus world building. No pictures allowed, but looks fantastic (and that's before the tenant improvements contemporary Calgary will do). Everyone should be excited for this!
darwink
Senior Member
I bet that means no photos at the open house later today. Oh well.
zagox
Active Member
Isn't that the problem with the condo mall concept? When you are the owner-operator of a 'normal' mall, any incentives you put into the anchor tenant leases are meant to accrue back to you in higher rents for the small interior spaces. In this situation, the developer's economic incentive is much lower because the uplift from the anchor leases accrues to the people that bought the small interior spaces. I think there's still a pretty strong incentive to save this from continuing failure on a reputation basis alone, but it does highlight why most malls are not set up like this.
Do you know the details of the open house? I'm downtown today, maybe I can swing by.
Colinfill
Active Member
Based on where Muji and Uniqlo has setup their Canadian locations, I don't think think New Horizons is what they would have in mind. If anything, a Daiso store (Japanese dollar store) could be more compatible with New Horizons but it sounds like there would be a lot of overlap with The Best Shop.
Calgcouver
Active Member
That is a fair point and agreed that this is the reason most malls aren't setup like this. I think that if they wanted to stick to small, owner-occupied units, to be successful it would have to be in a much more interesting urban environment or at least a more accessible location closer to the community it hopes to serve. This probably would've done far better along the train line in the NE or NW, or near the T&T in Country Hills/Harvest Hills.
Cross Iron is a destination for Airdrie and country people and only works because it understands it is an outlet mall and is a destination only because of Bass Pro Shop.
People aren't going to go to Balzac for a chinese dollar store/Walmart. TBH it was stupid to build a concept like this in the middle of nowhere without anything tangible to draw people in. Would've been fine if they actually built it in Calgary i think, especially if it was transit accessible.