ACT7
Active Member
There has been a lot of interest - as I mentioned - the people who own Stollery's would ask for a demolition clause in the lease term. As a result any "real" retailer that is looking for space on bloor isn't interested in the former FCUK spot. Why would a D+G spend millions renovating it only to be told by Stollery's that their building was going to be demolished. As a result the only lease terms are for short pop-ups.
From a pop up perspective summer seems to be quieter than the Fall - when there's a demand for TIFF related pop-ups and around Christmas, which as we all know is important for retail (I also feel like usually marketers plan pop-ups to coordinate with product launches and again you see a lot of product launches around the fall to ramp up excitement prior to xmas buying season). Not disagreeing with you that Bloor has high pedestrian counts during summer - just dynamics of this spot are really really wonky. If you notice the family doesn't even use a broker (like CBRE etc...). I think we're basically agreeing - i'm just triyng to provide some colour into why there hasn't been a full time (and why there probably won't be a full time) lease in that building.
Makes sense, what you're saying. Thanks for clarifying.