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  #3001  
Old Posted Sep 23, 2011, 4:02 PM
OliverD OliverD is offline
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Looks like the uptown Zellers will be converted to a Target: http://business.financialpost.com/20...mall-near-you/

Target announced another 84 locations it is acquiring from Zellers today: http://business.financialpost.com/20...res-in-canada/
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  #3002  
Old Posted Sep 23, 2011, 4:03 PM
linted linted is offline
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Quote:
Originally Posted by cl812 View Post
Saw today that they had started pouring the foundation.
Does anybody have contact information where one might inquire about rental availability and rates?
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  #3003  
Old Posted Sep 23, 2011, 4:18 PM
Taeolas Taeolas is offline
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Hmm tough to say if taking the Uptown Zellers is a good idea. On the one hand the location is great. On the other hand, the location's got horrible parking and not really any expansion room any more.

Keeping the Brookside Zellers might have been a better idea; at least for expansion and parking, but the location is somewhat less than ideal. (Then again, maybe they'll also take that location too once the dust settles)
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  #3004  
Old Posted Sep 23, 2011, 7:01 PM
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Freddypop Freddypop is offline
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Quote:
Originally Posted by linted View Post
Does anybody have contact information where one might inquire about rental availability and rates?
Plaza Corp is the owner/developer so you might try here:

Fredericton Office (head office)

527 Queen Street, Suite 200
Fredericton, NB
E3B 1B8

Phone506)451-1826
Fax: (506) 451-1802
Email: info@plaza.ca
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  #3005  
Old Posted Sep 23, 2011, 9:53 PM
DV70 DV70 is offline
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I heard today that the new restaraunt at Kingswood (Sam Sneads) is not quite open - Kingswood employees and their families just got an opportunity to experience a practice opening. Official opening supposedly Sept 29.
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  #3006  
Old Posted Sep 24, 2011, 10:14 AM
cl812 cl812 is offline
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Target buys Zellers lease; store's future uncertain
Published Saturday September 24th, 2011
Strategy | American chain looking to rebrand as many 135 stores
A1
By HEATHER MCLAUGHLIN
mclaughlin.heather@dailygleaner.com

Target Corp. has purchased the lease to the Prospect Street Zellers location, but it's too early to say if it will be turned into a Target outlet.

Target isn't buying out the Zellers Inc. chain, and some Zellers stores across Canada will continue to market their wares under the Zellers banner. Instead, Target is acquiring prominent locations in a number of malls across the country by buying up Zellers Inc. leases.

In Fredericton, the Prospect Street store at the Uptown Centre is the only one Target is buying.

It isn't acquiring the lease at the Brookside Mall location, the only other Zellers in town.

So far across Canada, Target has negotiated real estate transactions on 189 Zellers stores.

Target bought the first batch of leasehold interests - a total of 105 in May. On Friday, it announced it was acquiring another 84 Zellers leases.

Of the 84 leases, as many as 29 locations will be turned into Target stores. The remaining leases have been, or will be, sold to other Canadian retailers or back to the landlords.

"Today marks the finalization of the real estate transaction with Zellers," said Target spokeswoman Amy Reilly. "Up to 29 (of the 84) could be Targets.

"We're going to try to open as many stores as we can in 2013, eventually converting 125 to 135 Zellers into Targets, and we'll be opening up in five cycles in 2013, with some carrying over into 2014. We hope to announce the 2013 stores in the coming months."

Until the final decisions are made on which stores will transition to the Target brand, Zellers stores will continue to operate under subleases to Target and continue to sell under the Zellers banner.

As far as employee transition is concerned, Reilly said, employees of Zellers are employees of Zellers and they won't automatically be handed jobs if the stores convert to Target locations. Zellers is responsible for its employees, she said.

"Target is excited to take another meaningful step toward our expansion in Canada," said Tony Fisher, president Target Canada. "We look forward to delivering a superior shopping experience for our guests throughout Canada and building on our strong reputation as a good neighbour and partner in the communities in which we do business."

Target announced in January it would purchase, for $1.825 billion, the leasehold interests of up to 220 sites operated by Zellers Inc., a subsidiary of Hudson's Bay Co.

In May, Target selected an initial group of 105 leases, spanning all 10 provinces, in conjunction with its first payment to Zellers Inc. The majority of those sites will become Target stores in 2013.

The 84 leases announced Friday are part of Target's second and final selection. This includes 39 leases for which Target transferred the rights to Wal-Mart, as announced in June. As part of its transaction with Wal-Mart, Target acquired the lease for one of Wal-Mart's vacant properties, which will open as a Target store.

For locations that will become Target stores, the majority will be closed for at least six to nine months as they undergo significant remodelling prior to opening. On average, about $10 million to $11 million will be invested in remodelling each location.

Target said it plans to announce the locations of its March 2013 store openings in the coming months. Stores in subsequent opening cycles will be announced throughout 2012.

Each Target store in Canada will employ approximately 150-200 people. Target said it will engage with Zellers associates to make it easy for them to apply for jobs at Target. Canadians interested in working for Target are encouraged to visit Target.ca/careers to learn more about job opportunities.

Minneapolis-based Target Corp. has 1,762 stores across the United States and at target.com. The company will open its first stores in Canada in 2013.

Wal-Mart Canada, in a separate news release, confirmed it has secured leasehold rights from Target Canada for 39 sites operated by Zellers.

The Fredericton Wal-Mart locations aren't affected by the deal.

http://dailygleaner.canadaeast.com/c...rticle/1442645
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  #3007  
Old Posted Sep 24, 2011, 10:28 AM
cl812 cl812 is offline
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Tee time and T-bone at Kingswood
Published Saturday September 24th, 2011
Sam Snead's | Restaurant to open at Hanwell facility
D1
By BILL HUNT
hunt.bill@dailygleaner.com

Sam Snead's Oak Grill and Tavern hopes to come to the "fore" as one of Fredericton's top restaurants.

The new establishment, located in the executive lodge at Kingswood, features a varied dinner menu, with entrees of steak, chicken, ribs and fish cooked on an oak grill.

And there's enough memorabilia, photos and mementos chronicling the legendary golf career of Sam Snead to make browsing the walls almost as mouth-watering as browsing the menu.

The original Sam Snead - "Slammin' Sammy" as he was known in a career that saw him win 82 PGA Tour events, including three Masters championships - was the Tiger Woods of his time.

He won the original green jacket, awarded for the first time in 1949.

"You're not supposed to take the jacket off the property, but they gave us permission to take it off the property after Dad passed," said Sam Snead Jr.

A replica is on display in the restaurant, maybe the jewel in the collection of artifacts that includes framed photographs, scorecards, golf bags, balls and clubs from an extensive collection maintained by Snead Jr.

"I'm a big collector of golf memorabilia anyway," he said, up from his native Virginia to help oversee the official opening of the chain's only Canadian location and the only one north of Virginia.

A VIP reception will be held Saturday night, with the restaurant opening to the public Tuesday.

Make no mistake though: it's not a typical sports bar. The menu includes filet mignon, strip and ribeye steaks, crab cakes and Memphis-style smoked ribs.

"Most of the entrees are going to be prepared on an oak-fired grill," said Kingswood director of operations Andy Mabie, who first began investigating the business opportunity about 18 months ago.

"It's done with locally cured oak, right here in New Brunswick. It adds a new flavour to it."

Meat and fish are fresh.

"This restaurant will be the most well-managed, consistent food venue in Fredericton," said Snead Jr.

"We have food and beverage people on the road who will come in and keep things consistent and make suggestions and so forth."

The first restaurant opened in 1980 in Hot Springs, Va., near where Snead Sr. was born and Snead Jr. and his brother Terry were raised.

It opened in an old bank across from the Homestead resort.

Sixteen other locations have sprung up since.

Snead Sr. was a man's man, said his son, his caddy and the curator of his memory.

He was a Golden Glove boxer, a champion fisherman, an All-American in football and a wonderful father.

"He was my best friend," said Snead Jr.

"I couldn't imagine anyone being more loyal. He would always take me as his partner in golf. He would never play against me. I never heard my father say a detrimental thing about any of the other players."

In the era of the 1940s and '50s, he and Ben Hogan were arch rivals, a la Jack Nicklaus/Arnold Palmer and Tiger Woods/Phil Mickelson.

The two tied for the lead at the Masters in 1954 and played an 18-hole playoff the following Monday.

Bobby Jones, the man who conceived the Masters, called it "the greatest round of golf he had ever witnessed."

"He and (movie star) John Wayne were good friends. John Wayne kind of looked up to him a little bit," Snead Jr. said of his father.

Snead Sr. used to spar with heavyweight champion Joe Louis to entertain wartime troops, and the two would often play nine holes, "because Joe could play a little bit too," said Snead Jr.

But Slammin' Sammy had few equals on the golf course. He was renowned for having the perfect swing - there's photographic evidence in the restaurant - along with a display chronicling the 42 holes-in-one in his career.

Snead Jr. believes he's recorded an ace of his own here.

"We've always done everything at a high level," he said.

"We've never done anything on the cheap ever. We don't ever cheapen my dad's name or put a blemish on it."

While the restaurant salutes one of the game's great golfers and is located at Kingswood, it's not tied to the golf course.

It will be open year-round, employing a staff of 25.

http://nbbusinessjournal.canadaeast....rticle/1442648
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  #3008  
Old Posted Sep 27, 2011, 5:20 PM
robbie25 robbie25 is offline
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Was wondering if anybody had any data on apartment unit construction for 2011 and 2012?

Specifically, how many units will be constructed in total for the city of Fredericton in both those years?

TIA
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  #3009  
Old Posted Sep 27, 2011, 7:14 PM
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I noticed the website for the new Forest Hills Tower II while going by today. It looks like it is going to cost a pretty penny to live there!

http://www.plazaforesthill.com/index.php#home
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  #3010  
Old Posted Sep 28, 2011, 10:48 AM
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Southside Zellers store to become a Target outlet

Published Wednesday September 28th, 2011

D1 By The Daily Gleaner

The Zellers store in the Uptown Centre in Fredericton is slated to become a Target outlet.

The Daily GleanerThe Zellers store on Prospect Street will become a Target store. In a media release Tuesday morning, Crombie Real Estate Investment Trust confirmed the transition from a Zellers store to Target.

Target Corp. purchased the lease to the Prospect Street Zellers location recently.

Target isn't buying out the Zellers Inc. chain, and some Zellers stores across Canada will continue to market their wares under the Zellers banner.

Instead, Target is acquiring prominent locations in a number of malls across the country by buying Zellers Inc. leases.

In Fredericton, the Prospect Street store at the Uptown Centre is the only one Target is buying.

It isn't acquiring the lease at the Brookside Mall, the only other Zellers in the capital region.

So far across Canada, Target has negotiated real-estate transactions on 189 Zellers stores.

Target bought the first batch of leasehold interests - a total of 105 - in May.

Earlier this month, it announced it was acquiring another 84 Zellers leases.

Of the 84 leases, as many as 29 locations will be turned into Target stores.

The remaining leases have been, or will be, sold to other Canadian retailers or back to the landlords.

"Today marks the finalization of the real estate transaction with Zellers ... Up to 29 (of the 84 stores) could be Targets," said Target spokeswoman Amy Reilly in a recent interview.

"We're going to try to open as many stores as we can in 2013, eventually converting 125-135 Zellers into Targets, and we'll be opening up in five cycles in 2013, with some carrying over into 2014. We hope to announce the 2013 stores in the coming months."

As far as employee transition is concerned, Reilly said, employees of Zellers are employees of Zellers.

She said they won't automatically be handed jobs if the stores convert to Target locations. Zellers is responsible for its employees, she said.

"Target is excited to take another meaningful step toward our expansion in Canada," said Tony Fisher, president of Target Canada.

"We look forward to delivering a superior shopping experience for our guests throughout Canada and building on our strong reputation as a good neighbour and partner in the communities in which we do business."

Target announced in January it would purchase, for $1.825 billion, the leasehold interests of up to 220 sites operated by Zellers Inc., a subsidiary of Hudson's Bay Co.

With files from The Daily Gleaner reporter Heather McLaughlin

http://nbbusinessjournal.canadaeast....rticle/1443476

http://www.crombiereit.ca/en/news_re...nouncement.pdf
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  #3011  
Old Posted Sep 28, 2011, 6:36 PM
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Constructuion has started on the next phase of stores at the Corbett Centre...the units across from Dollarama.

Also appears they are preparing to erect a crane at the former TRa construction site on Queen
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  #3012  
Old Posted Sep 28, 2011, 6:55 PM
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mylesmalley mylesmalley is offline
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Didn't even notice until now, but congrats on hitting 3k posts!
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"When you go home tonight, there's gonna be another story on your house! "
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  #3013  
Old Posted Sep 28, 2011, 7:17 PM
Taeolas Taeolas is offline
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The Freddy thread is going to go past your post count soon.

I saw the base for the crane at the TRA building site go in a week or so ago, and I was puzzled about what it was there for (esp before the rest of the foundation. Now that you mention a crane it makes sense.
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  #3014  
Old Posted Sep 28, 2011, 10:12 PM
cl812 cl812 is offline
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Originally Posted by Freddypop View Post
Constructuion has started on the next phase of stores at the Corbett Centre...the units across from Dollarama.

Also appears they are preparing to erect a crane at the former TRa construction site on Queen
Noticed that as well. Looks like they cleared the trees from whole undeveloped portion at the Corbett Centre. Wonder if they are building more than just the building across from the dollar store?
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  #3015  
Old Posted Sep 29, 2011, 12:46 AM
Steeple Shanks Steeple Shanks is offline
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Originally Posted by cl812 View Post
Noticed that as well. Looks like they cleared the trees from whole undeveloped portion at the Corbett Centre. Wonder if they are building more than just the building across from the dollar store?
Is it merely keeping the brush down over the whole sight or is it the next phase?... There was the motion at council last week, concerning signage on three sides which would suggest construction of at least the area across from Dollarama. Only time will tell...
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  #3016  
Old Posted Sep 29, 2011, 1:06 AM
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Freddypop Freddypop is offline
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Originally Posted by cl812 View Post
Noticed that as well. Looks like they cleared the trees from whole undeveloped portion at the Corbett Centre. Wonder if they are building more than just the building across from the dollar store?
They are building the next phase plus the parking lot that will be behind it thus the reason for clearing the whole area

Last edited by Freddypop; Sep 29, 2011 at 10:45 AM.
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  #3017  
Old Posted Sep 29, 2011, 3:51 PM
MDC04 MDC04 is offline
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Pizza Hut

Noticed today when I was driving down Prospect that the Pizza Hut is being redone. Anyone know if it is going to like the style in the states, WingStreet?
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  #3018  
Old Posted Oct 1, 2011, 9:26 PM
Justin6463 Justin6463 is offline
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Regent Mall Foodcourt?

Noticed today that theres a construction wall up beside A&W in the Regent Mall, anybody know whats going on there?
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  #3019  
Old Posted Oct 2, 2011, 6:59 PM
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KnoxfordGuy KnoxfordGuy is offline
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Noticed today that theres a construction wall up beside A&W in the Regent Mall, anybody know whats going on there?
I hope it's something cool and not a coffee shop or something lol. If it was I hope they are putting a Tim Hortons in the mall again. I'm sad it's gone lol
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  #3020  
Old Posted Oct 4, 2011, 1:19 AM
Steeple Shanks Steeple Shanks is offline
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Just received word from the Capital Region Tennis Association. The foundation phase of the indoor tennis courts, at the Grant/Harvey arena, is complete and they are projecting a finishing date of February 2012.
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