T&T bailed on lower level of NorthYorkCityCentre because:
- it would be expensive to repair (water-damage), retrofit (light-retail/office to supermarket) and transferring goods from loading docks would be a crap show,...
- lots of new mid-blocks retail space coming online (Ellie Condo & 90K-sqft at Pearl Place),...
- with Loblaws & ShoppersDrugMart across the street at EmpressWalk - local monopoly forming,... a T&T would really just take business away from the Loblaws,... where customer volume dropped after cheaper FoodBasics opened Oct 2021 at EmeraldPark south of Sheppard which really didn't happen as much when similar price-points Longos (July 2019) and WholeFoodsMarket (Sept 2014) opened at Yonge & Sheppard. This Loblaws store has been under-performing based on sales & profit margin per square footage,...
Now it looks like the Loblaws at RioCan EmpressWalk will close on October 26,... T&T will be taking over the Loblaws EmpressWalk retail space - well, most of it! Aiming to open Summer 2026,... but T&T's opening aim is really pissing in the dark!!!
The Loblaws is about 75,000-80,000sqft plus another 6,000sqft in P1 Parking level. Full sized T&T needs about 50,000sqft (their Urban-Format at 27,000sqft College near Spadina & 31,000sqft Edward near Yonge can't carry full selection/inventory),... so about 30,000sqft left over to divide/sublet for other retail usage.
Oh,... and if you're not a fan of all those little Asian retail shops/restaurants along Yonge,... you ain't seen nothing yet!!! Wherever a T&T opens - it's like the MotherShip, and all these other little Asian retail shop/restaurants/services opens nearby,... to form like a little Chinatown,...