[Henry07]

Hey guys,

I was jsut wondering if any of you know what is going in that space? thanks guys

[YYCguys]

Hey guys,

I was jsut wondering if any of you know what is going in that space? thanks guys

Rona has closed up shop in that location. Not sure what will replace it though.

[DenOfSlack]

Hey guys,

I was jsut wondering if any of you know what is going in that space? thanks guys

I was in before they closed and talking to some of the staff. Sounds like the corporate plan is to open a Totem up near Sage Hill next year as the full Rona never had enough traffic to justify its size.

They also said they heard the current store was going to be turned into a Walmart.

[Cage]

They also said they heard the current store was going to be turned into a Walmart.

The skinny on Creekside.

- The mall is owned by Calgary Co-op and they have the final say in what goes into the mall.
- Walmart wanted to go into the location really bad, but they only wanted to go into the mall with a Super Centre (full grocery, produce, etc). Co-op is the only grocery location allowed in the mall area, so the Walmart plan was put on ice.
- The space has been leased out to another American retailer. I shouldn't say who as the deal is not public. However if anyone wants to know, they can go into Creekside Co-op and get the information (all the staff have been told, but most of the kiddies failed to see the significance of the incomming tennant).

[lineman]

I used to live in Evanston, and I never saw the point of opening a HIW in the midst of all new homes. I mean, isn't the point of buying new to avoid remodelling? I'm sure it would do okay if all it sold were sod and decking supplies.

[kw5150]

I used to live in Evanston, and I never saw the point of opening a HIW in the midst of all new homes. I mean, isn't the point of buying new to avoid remodelling? I'm sure it would do okay if all it sold were sod and decking supplies.

It is convenient for the contractors to have a Rona or Home Depot close by while they are building the communities.

[YYCguys]

Cage, when it does become public could you please post it, or direct us to the appropriate link for the press release? Thanks!

[motion22]

Hey guys,

I was jsut wondering if any of you know what is going in that space? thanks guys


I talked a couple of the staffs at CO-OP,one told me that it is going to be a Target store, the other one said it might be a Walmart without super centre to start with. So who knows till the tenant starts moving in.

But my wife would like a RCSS where she shops the most. :)

[YYCguys]

As Cage mentioned, the staff were informed but didn't pay attention, so they seem to be making things up to whomever asks. Walmart, Target, which is it or neither? Sheesh!

@motion22, I highly doubt Coop would allow RCSS to move in, being a grocery store, same reason they wouldn't allow Walmart to move in with a grocery department.

[Cage]

As Cage mentioned, the staff were informed but didn't pay attention, so they seem to be making things up to whomever asks. Walmart, Target, which is it or neither? Sheesh!

@motion22, I highly doubt Coop would allow RCSS to move in, being a grocery store, same reason they wouldn't allow Walmart to move in with a grocery department.

Again if you talk to the more seasoned people at Creekside co-op they can give you the full details. Especially the supervisors, managers, and centre manager all know who is the new tenant.

The staff are not making stuff up. Its just the story was a little complex with the rejected application of Walmart.

[motion22]

@motion22, I highly doubt Coop would allow RCSS to move in, being a grocery store, same reason they wouldn't allow Walmart to move in with a grocery department.

I know it won't be a RCSS, it was just her desire. "American Retailer" starts to made me think that would be LOWES. (Just don't have time to go to CO-OP yet :( ). And who else could it be?

[Full Mountain]

I know it won't be a RCSS, it was just her desire. "American Retailer" starts to made me think that would be LOWES. (Just don't have time to go to CO-OP yet :( ). And who else could it be?

I'm betting Target

[Henry07]

I also heard that target might be going in there but I thought they were busy buying up the zellers and converting those to target stores? Ive also heard rio-can is trying to secure either walmart or a target type retailer for the new commercial shopping area for the future sagehill crossing development

I'm betting Target

[lineman]

It is convenient for the contractors to have a Rona or Home Depot close by while they are building the communities.

When I was framing, it was more convenient and cheaper to call prime fasteners and have them come by. A HIW is the last place we would step foot into.

[kw5150]

When I was framing, it was more convenient and cheaper to call prime fasteners and have them come by. A HIW is the last place we would step foot into.

So no one building a house (homeowner, designer or builder) would ever step foot in one of these stores?

[lineman]

I'm not saying that. It's just that a store in a brand new out of the way area just would be running at a loss for a few years. It doesn't make much sense.

Edit: when I lived in Evanston, I barely ever went to HIWs. Now that I'm in a 20 yo infill, I'm going to those places constantly.

[motion22]

The skinny on Creekside.
- The space has been leased out to another American retailer. I shouldn't say who as the deal is not public. However if anyone wants to know, they can go into Creekside Co-op and get the information (all the staff have been told, but most of the kiddies failed to see the significance of the incomming tennant).

I finally made my way to CO-OP yesterday. Guess what, they all said that nothing has been decided yet. Well, if Cage can't speak up until the decision becomes public, then I have to patiently wait and see :).

[Henry07]

went there a few days ago and it doesnt seem like anyone really knows whats going in there. If walmart was to go into that site, the only issue I see is the lack of parking at the site for it.

[BurningSteel]

Bump!! Has anyone heard any update on this. Hopewell must have lost a mint on this property.

[Cage]

I would still put money on a large American retailer, one that could sign a lease and not immediately develop the property because they are otherwise engaged in other activities.

The concept of retailers leasing space but keeping the location idle has been done before, Throughout the 80s and 90s Safeway would employ this strategy, much to the chagrin of the local neighbourhood.

[sleepyant]

I don't have news about the Rona site, but looks like Wal-Mart and Loblaws (RCSS?) are moving into the nearby Sage Hill Crossing.

RioCan Press Release (May 3):

"During the three months ended March 31, 2013, RioCan acquired a 50% interest in Sage Hill Crossing... A Letter of Intent is in place with Wal-Mart for a land lease and a binding offer to lease has been executed with Loblaws for a 45,000 square foot store. Development is expected to commence during the summer of 2013."


http://www.marketwire.com/press-release/riocan-real-estate-investment-trust-announces-record-results-with-20-increase-operating-tsx-rei.un-1786241.htm

[BurningSteel]

I dont see anything viable going in this space. With the addtion of the large complex going up in Evanston (sobeys et al) The only traffic thats going in there is Kincora and maybe some of Hidden Valley if theyre lucky. They'd be better off building residential in there

[Cage]

Depending on the size of the Walmart, I could be a shopper at the Sage Hill location. The Royal Oak Walmart is very small by Walmart standards (should not be a Super Centre but they have squeezed in Grocery section anyways). Also the access points into the mall are very poor and I avoid the area all ready.

My preferred Walmart is either Deerfoot Mall or Airdrie. the Mrs likes Airdrie because there is also a Five Guys and Nathan's Hot Dogs nearby.

A true large box Walmart at Sage Hill is fine by me.

[BurningSteel]

Depending on the size of the Walmart, I could be a shopper at the Sage Hill location. The Royal Oak Walmart is very small by Walmart standards (should not be a Super Centre but they have squeezed in Grocery section anyways). Also the access points into the mall are very poor and I avoid the area all ready.

My preferred Walmart is either Deerfoot Mall or Airdrie. the Mrs likes Airdrie because there is also a Five Guys and Nathan's Hot Dogs nearby.

A true large box Walmart at Sage Hill is fine by me.


Which makes Creekside completly useless

[Cage]

Which makes Creekside completly useless

Creekside retail area serves a huge important purpose. It also has the advantage of being near two major roads realizing a major catchment area of potential customers. As a Co-op customer perspective living in Citadel, Creekside take less travel time than either Hamptons, Crowfoot, or Rocky Ridge although these locations are closer geographically.

About the only retail complex I am interested in Sage Hill area is the afore mentioned large format Walmart. Putting in another grocery store, home improvement, or other retail is likely to be unimpressive. Expanding the footprint of Royal Oak Walmart serves the same purpose.

The grocery stores for Panorama/Panatella (Save-on) and Evanston (Sobeys) are unlikely to be huge sucess. Both location suffer from poor road access to anyone who live outside the immediate community. I think these location will end up siumilar to Co-op's Rocky Ridge experiment, unsucessful with long term hope of barely breaking even, all due to poor access.

A final question for the Save-on retail in Panorama/Panatella, is there enough room for a second grocery store such as Co-op? I ask because the retail complex includes a Co-op Gas Bar that has locator of Store 23. In co-op parlance this implies there will be a future retail Co-op complex (Grocery, liqour, gas). I am wondering aloud if Co-op made a corporate decision to let the grocery business go to Save-On Foods.

[BurningSteel]

Creekside retail area serves a huge important purpose. It also has the advantage of being near two major roads realizing a major catchment area of potential customers. As a Co-op customer perspective living in Citadel, Creekside take less travel time than either Hamptons, Crowfoot, or Rocky Ridge although these locations are closer geographically.

About the only retail complex I am interested in Sage Hill area is the afore mentioned large format Walmart. Putting in another grocery store, home improvement, or other retail is likely to be unimpressive. Expanding the footprint of Royal Oak Walmart serves the same purpose.

The grocery stores for Panorama/Panatella (Save-on) and Evanston (Sobeys) are unlikely to be huge sucess. Both location suffer from poor road access to anyone who live outside the immediate community. I think these location will end up siumilar to Co-op's Rocky Ridge experiment, unsucessful with long term hope of barely breaking even, all due to poor access.

A final question for the Save-on retail in Panorama/Panatella, is there enough room for a second grocery store such as Co-op? I ask because the retail complex includes a Co-op Gas Bar that has locator of Store 23. In co-op parlance this implies there will be a future retail Co-op complex (Grocery, liqour, gas). I am wondering aloud if Co-op made a corporate decision to let the grocery business go to Save-On Foods.

If you like shopping at Co-Op then sure why not. However thats all thats there. I dont know who shops there on a regular basis as their prices are out to lunch on most things especially alcohol. The one in Royal Oak suffers because theres nothing else to drap people in and the London Drugs and Walmart are literally 3 mins from there

So much in that complex has come and gone over the years that the location isnt doing them much good. Add in the expansion of Shaganappi Trail and you could argue it's proximity to Stoney is the best thing going, which the Panorama area also benefits from (only half traffic now as no connection from WB)

Those grocery stores in Evanston and Panoroma will do just as well as the Tuscany Sobeys has done. I am sure people are tired of having to leave the neighborhoods and deal with the ever increasing traffic issues that part of town is encountering as long as they keep the prices fair they will do fine.

As for the Co-Op gas bars there are other stand alone gas bars in Calgary and I think its a business decision they made with the need for a true gas station in Panorama, it seems to be doing quite well (52 Ave SE and the 64 Av NE for example)