TD, BMO, Rexall listed as Lansdowne tenants

Mark
Mark Brownlee
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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

Cinema: 15%

Sports (goods, apparel and services): 10-20%

Health, spa, wellness goods and services: 10-15%

Home furnishing, electronics: 5-15%

Fashion: 0-15%

Lifestyle: 5-15%

Leisure wear: 5-15%

Other services: 5-10%

(Source: J.C. Williams Group Ltd. report, August 2012)

Organizations: BMO, Rexall, JC Williams Group Ltd Trinity Group TD Canada Trust Whole Foods Empire Theatres LCBO Minto Group Vibe

Geographic location: Lansdowne Park, Glebe Business Improvement Area, November.The

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Recent comments

  • Pierce
    February 18, 2013 - 20:09

    The retail strategy is a complete failure. Remember J.C Williams and Trinity were namedropping stores like H&M, Nike, Anthropologie, Restoration Hardware and J.Crew. Instead we're getting TD Bank and Rexall. This is the suburban mall retail mix that they said would not be tolerated at Lansdowne, but the city already waived its right to approve the mix. It's depending on retail rents for a trickle out of the revenue waterfall. Lansdowne = Billings Bridge Plaza

  • George
    February 08, 2013 - 13:42

    That looks like the same laundry list of chain stores you see at any Rio*Can REIT strip mall in suburbia. What a royal disappointment, but honestly, not unexpected. This is the tip of the iceberg for an overall Lansdowne disappointment.

  • Jayme
    February 07, 2013 - 07:06

    Brey As for vistors if you look at all the public areas i think there will be more then enough to appeal to people who come to Ottawa even the Urban Park could be interesting.Lets not forget there will be 350,000 square feet of retail if you look at Baysore there expnason is 300,000 feet and that equals to 50 new spots.

  • Brey
    February 06, 2013 - 20:52

    I have to agree with Kevin and Chris. I'm still looking forward to this area being redeveloped, but the retail so far hasn't exactly been stellar. I too am pretty excited for Whole Foods, but nothing else really. The restaurants listed reminded me of a Milestone's or Moxie's in terms of the type and presentation of the food, though each had some interesting decor. Also, from a tourism perspective, there's nothing there currently (apart from the stadium) that will draw people there. It's unfortunate that, given the area that Lansdowne is situated in, they didn't go with something a bit more healthy, like "Fresh" (from Toronto). And don't forget there are University kids all over the place (Carleton)... A unique coffee shop or café like Balzac's would have been a great as well... Kevin, the Holt's idea was an interesting one! Never thought of that - the one on Sparks is pretty dated and basically underground...to stay afloat, they'll need a better location, especially with Nordstrom's coming to Rideau. The Bay needs a major reno too, but I'll save that for another article ;)

  • Jayme
    February 06, 2013 - 13:32

    Ken Thats the thing these are new to Ottawa not all but many even the thearter it will be Licensed which will be the first in Ottawa we don't have a South Street Burger or a Joey etc.Now with that said could it be better no question and with still a fair amount of retail sports to fill my guess is we will see better stores etc lets just give it time.

  • Jayme
    February 06, 2013 - 11:00

    Tom Its far far more then just retail there will be a massive amount of green space a upgraded stadium and arena a new farmers market a outdoor rink.

  • Jayme
    February 06, 2013 - 10:48

    People Yes some retail in here is not new to Ottawa but some is Joey/Local/Whole Foods/South Street Burgers/Sporing Life/ Il Fonell.

    • Kevin Bourne
      February 06, 2013 - 13:07

      Hi Jayme. The tenants you listed may be new to Ottawa, but some of these tenants are what you would find in a suburban retail development in Mississauga or Aurora, ON (but the urban design at Lansdowne will be a lot better than anything offered in the suburbs). I only moved to Ottawa 3.5 years ago from the GTA and these tenants, including Whole Foods (which very I'm excited about), Empire, LCBO, and South St. Burger, are what you find in suburban retail developments. This tenant mix so far isn't unique. Same contents, better wrapping. Again, I'm a supporter of this project, but I expect more.

  • Tom
    February 06, 2013 - 10:41

    When they say "unique urban village", they must mean "unique on this block". All of this hype over a shopping mall with the usual tenants

  • Jayme
    February 06, 2013 - 10:26

    Chris I don't think it was ever said there would be few retail stores what it was said to be is unique be it maybe the way its built or the features the stores have. Kevin Some of those sure you might fine in other centres but some you don't such as Whole Foods as Joey/Local even Empire is unique.The other thing is some just wanted a park that very few would really use yet it would have cost what maybe $500 million.

  • Chris B
    February 06, 2013 - 10:06

    So, this is the unique urban village. Recall that when the concept was sold to Ottawa it would be very few chain stores, local companies, more "Granville Island" than "Trainyards". Yet here we are with a mix that is underwhelming to say the least. Toronto/Vancouver chains, a US chain grocery store, a US theatre, some banks, a massive drugstore chain, and an LCBO. Colour me underwhelmed.

  • Kevin Bourne
    February 06, 2013 - 09:23

    I'm a big supporter of the Lansdowne project, but I'm not very impressed with these tenants yet. So far it looks like the FOL were right. For the most part, these are mostly tenants you would find in your typical Trinity or RIOCan retail development in the suburbs, except Lansdowne will have two banks for some reason. Let's get a book store like McNally Robinson in there and some clothing stores not yet available in Ottawa (i.e. H&M), or even a relocated Holt Renfrew. This is what would make Lansdowne into a special shopping experience. I'm still excited about the CFL and NASL franchises, but with these tenants I wouldn't leave my neck of the woods to shop at Lansdowne.