Commercial Real Estate Roundup- #7

Today is the 2nd Friday the 13th in 2015!

Lots happening in the commercial real estate industry this week.

Each week, more details are released with respect to the proposed new condo development at the southwest corner of Yonge and Bloor.  The developer presented its plans for “The One” as it will be called, at a community meeting this week. The proposal is for 72 floors of residential space on top of an eight-level luxury shopping mall. If approved, it will be the second largest building in Toronto behind the CN Tower.
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Sak’s new 150,000 square foot store at the Toronto Eaton Centre is under construction.   The store will have a 3 level (5,500 square foot) restaurant that will be operated by Pusateri’s and the store will also offer valet parking.   The Queen Street entrance will be a joint entrance for both Sak’s and the Hudson’s Bay store.
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As some of you may know, I will be participating in a charity cycling event in the spring to raise money for children with special needs.  So, when I saw this story about “Caroline’s Cart” to make it easier for children with special needs to travel through a grocery store, it was such a touching story.
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Enjoy your weekend with your families!