pw20
Active Member
Fair enough, but you see the point I was going for. My experience has been that virtually every Four Seasons around the world that I've seen has true luxury retail in it. I think for their home base property, in Toronto's luxury retail area, they blew it.
With the exception of the third luxury space (that started this discussion) I don't know if they blew it. Their internal/marquee restaurant was filled by a "Star Chef". A secondary retail/resto space was given to a local restaurant that is consistently ranked one of the best in the city (and its not exactly cheap). Their resto experience overall is better than the Shang (Bosc is nothing to write home about)... if whatever you're alluding to in the third space that brings down the overall experience - but as Filip noted - that stretch of Bay isn't a great retail stretch - in fact its gotten worse over the last few years. Perry's has closed - there was a great mens retail store where The Sandwich Box is now - and Pisodoro all closed; i suspect landlords have jacked rents on Bay which have created a mis-equilibrium...
As a sidenote - if you were Omega and were traveling to Toronto over the last six months to check on space saw the state of Bay Street - would you have committed to a multi-year lease? (construction took forever!)