New Loblaws Another Positive Sign for Downtown Investors
Christopher Hume of The Star put together a nice little video about Loblaws opening up at the old Maple Leaf Gardens. Hume hits the nail on the head in his description that this kind of thing is merely one example of the rapid gentrification that is taking place over our entire downtown core. People want to live in this city. They want to live right in the heart of the city. Retailers and developers are fighting to keep up with demand of all these tens of thousands of new residents. This is highly unusual for a North American city and the future is very bright for our little northern metropolis.  This is another example of why I am still very bullish on the future of real estate in the downtown core.
If you are interested in investing in this area, I would suggest considering the upcoming 365 Church Street development by Menkes which will be steps away from this amazing new Loblaws. Contact me for details.