The names of two Canadian banks and a national drugstore chain are the latest additions to the “unique urban village” under construction at Lansdowne Park, according to the website of one of the developers behind the project.
View from Bank Street looking at Aberdeen Pavilion.
The Trinity Group lists BMO, TD Canada Trust, Rexall, Jack Astor’s and Milestones as Lansdowne tenants along with previously reported retailers Sporting Life, Whole Foods, Empire Theatres, the LCBO and restaurants Local, Joey, South Street Burgers and Il Fornell.
A woman who answered the phone at Trinity, which is handling the park’s retail developments, declined to comment because she said the company doesn’t speak to reporters.
A report dated last August by retail consultancy J.C. Williams Group Ltd. said that at the time 73 per cent of the 360,000 square feet of retail space had been leased or was in final negotiations. The same report said that 18,000 to 36,000 square feet could be occupied by “other” service providers, such as bankers and travel agencies. Another 36,000 to 54,000 square feet could be filled by health, spa, wellness goods and similar service providers such as pharmacies and fitness clubs.
Both Christine Leadman, the executive director of the Glebe Business Improvement Area, and David Chernushenko, the councillor for the area that includes Lansdowne Park, said they had not heard of any new tenants since city councillors signed off on the project last October.
On the office front, Minto Group executive vice-president Greg Rogers said in a voice message left with OBJ they have received interest from a number of “a number” of prospective office tenants but don’t have any to confirm publicly.
Sales of the condominiums Minto is planning, meanwhile, have moved along at a fairly brisk pace since they opened in November.
The firm has sold 55 per cent of the space in the 159-unit Rideau building while 45 per cent is spoken for in the 79-unit Vibe building, according to sales assistant Erica Fox.
Proposed retail mix for Lansdowne Park:
Food and beverage: 15-25%
Food and service: 15%-no maximum
Sports (goods, apparel and services): 10-20%
Health, spa, wellness goods and services: 10-15%
Home furnishing, electronics: 5-15%
Leisure wear: 5-15%
Other services: 5-10%
(Source: J.C. Williams Group Ltd. report, August 2012)