Monday, May 28, 2012

Charleswood Shopping Centre Plaza 2

Charleswood Shopping Centre Plaza

Since the reconstruction of the Charleswood Shopping Centre Plaza a few years back, it has been more or less full leased aside from a few hard to rent spots. The closure of Blockbuster was quickly jumped on by Pet Valu who grabbed the spot and moved into the larger space. It is a huge improvement over their cramped space a close to middle of the mall.

Their old location continues to await a new tenant. There is a new restaurant going up where an old restaurant closed down. Quizno's shut several months ago, a likely victim of Tim Horton's being in the parking lot of the mall. The store under construction and slated to open soon is Subway. There is a Subway on Roblin Boulevard three blocks away. I supposed they think it far enough away to not hurt their business. Perhaps they're right. I often think you could put four Tim Horton's on a crossroad and none would go out of business. Likewise, there seems to be no fear of Tim Horton's so close by.

With the restaurant going in, the mall will be near filled again. It is a reminder that an upgrade in light of losing a major tenant in Zeller's years back was the right move. Now if only some owners on Roblin would examine their assets and see what upgrades would be attractive, they might see some change too. At least one owner was doing that exact thing.

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