Monday, April 16, 2012

Lowe's Coming to Seasons of Tuxedo

Overhead view of IKEA under construction
Back in March, it looked like the cat had been let out of the bag about the next retailer to move into Seasons of Tuxedo.

In March, Montez Core Income Trust bought 40% of Seasons of Tuxedo. In the process, they made this announcement:

Located at the corner of Sterling Lyon Parkway and Kenaston Boulevard in the city's southwest quadrant, it is a planned 1.5 million s.f. project on just under 200 acres. This is a new greenfield development and the Fund is participating in the southern half of the project which is an 834,000 s.f. outdoor centre shadow anchored by a 395,000 s.f. IKEA, a 77,000 s.f. Cabela's and a 100,000 s.f. home improvement retailer.

Um, the only official announcement has been Ikea and Cabela's.

Now, just down the street and both a Rona and a Home Depot sooo.. it won't be either of these big boxes going in.

This leaves Lowe's. We are the only province east of Quebec without one.

I won't say Menard's because I don't think they could open in the city without a distribution center for Canada.

So, you heard here first: Lowe's coming to Season of Tuxedo.

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