Simon. Since they were looking for a presence downtown. Now they have the opportunity.

They're going into the Eaton Centre, in part of the former Nordstrom space. Not here.
 
How large is the space in question and are we talking about a single retail outlet or the space will be divided ?
 
How large is the space in question and are we talking about a single retail outlet or the space will be divided ?
It's on five levels so it would be very hard to split. Multi-level retail doesn't work here the way it does in Asia, unfortunately...
 
I walked through the Eaton Centre Bay this week and it's depressing. A bunch of the escalators aren't working, and the subway connection level has lost all of the food space.
I have fond memories of shopping there and even at Simpson's before it was converted to the Bay's flagship store. But I think its days are numbered ... on most days there seems to be more staff than shoppers. It must be a real albatross for HBC. Construction of the Ontario Line right outside only makes things worse for the store. That's why it's mindboggling that a single tenant could occupy all that space at the ex Bay store at Yonge & Bloor.
 
It was the broken escalators that did it for me. An indication that they have zero interest in improving the building or even keeping what’s there working.
 
That's why it's mindboggling that a single tenant could occupy all that space at the ex Bay store at Yonge & Bloor.

Let's remember, 'The Bay's' wounds are self-inflicted. The chain, under Bonnie Brooks, when it started to move upmarket was posting some reasonably good numbers in its fully renovated stores, and at Queen.

It's only subsequent to that that the parasites that own the place have been sucking it dry.

Which is to say, other large retailers are much healthier.

The other thing to remember is that Bloor, while large, is much, much smaller than Queen.

It's a bit over 220,000ft2 (it was larger with the basement/concourse space but that is not likely to be part of a new tenancy)

By comparison, Queen is closer to 1,000,000ft2
 

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