Interesting thread.
I have very fond memories of Woodbine, often going with my family in its prime. In the last two years, I returned with my toddler daughter who now loves going the odd time during winters primarily. Here are some of my at random thoughts..
The mall is in a state of disrepair within a majority of the facility. The extremely cheap renovations reveal this even more so, and I feel like it would have been better to keep the original finishes in place until a more serious plan would be in place from a transformation standpoint (I understand it has been mismanaged by an inexperienced operator)
Fantasy Fair, on the surface, sustains the charm and character it has always had. A bit of a closer look reveals some of the unfortunate elements at what appears to be the only popular (And profitable?) operation of the property. Though I still take my daughter, there are plenty of accidents waiting to happen based on the condition and operation of some of the attractions. The play place, which was always awesome in the past, appears to be quite dirty and seldomly cleaned. Other rides and areas are fine. After going enough times, you know what to stick to.
It’s a complete joke to see junk/flea market like businesses within the fairs themed buildings. I understand the restaurants couldn’t make it, but cleanup the fronts and take the signs down of old businesses. Unreal! Though seems to be the trend throughout the mall.
As for why The Bay is still there? It’s nothing but an extremely cheap lease that was negotiated back in the 80’s. It may cost more to terminate the agreement, and the bottom line at the corporate level isn’t really an impact with this location. While I don’t know the terms of their agreement, I can assure you they would not renew at this location, unless the mall asks them to stay free in the interim until there is a plan in place for the property (This is a practice that has been done before I’m other examples). With that said, HBC is severely struggling as a whole, and though they won’t be going anywhere anytime soon, they will most definitely be cutting unprofitable locations which has started in other provinces already. There is no way the sales per square foot at Woodbine generates a profit for The Bay, especially with the amount of space the furniture department takes. Every other department has merchandise spread out very sparsely. The location is way too large for what it offers. The Bay will close, which will be a bad sign for the mall overall, as all other anchor spaces are dead.
As much as I’d like to remain optimistic, this mall is too large to survive, and it’s simply not feasible to attract the brands it needs to survive.
I invite you to look at the re-development of a mall in my neck of the woods, The Promenade in Thornhill. It became a dead mall when Cadillac Fairview sold it, and the new owners are redeveloping the surface lots for condos, which is slowly injecting life back into the mall. The new businesses opening are primarily food, pharmacy, healthcare, fitness and entertainment. They are light years ahead of Woodbine in transformation, and it’s not easy.
Do you think the Casino will call for a luxury mall to compliment it? Maybe.
If Woodbine survives, it needs residential dwellings within it with essential businesses to support it but as I said earlier, it’s too large. It would need to be trimmed down (Sears was fully
Torn down at Promenade for condos, as an example)
The Woodbine we know will cease to exist.
I do wish the best for this property.