Saks Fifth Avenue Flagship (Queen & Yonge)

[JasonParis]

Honestly, I could see RBC vacating to across the street at One Bloor. Taking up retail space in new condo developments is nothing new to them.

TD is already a signed tennat for 1BE which could complicate that a bit. And FTR, TD will be keeping the Bloor/Bay branch too.

 

[Torontovibe]

^^ So is that what we have to look forward to, banks on 3 corners, at Yonge and Bloor? That's a good way to kill the most prominent intersection in the city.

 

[ONE HUMAN]

^^ So is that what we have to look forward to, banks on 3 corners, at Yonge and Bloor? That's a good way to kill the most prominent intersection in the city.

Yep, it's Toronto -- banks on 3 corners and a donut shop on the 4th.

 

[One Nut Kruk]

Yep, it's Toronto -- banks on 3 corners and a donut shop on the 4th.

That's a pretty eclectic mix.

 

[Bruno Republic]

That's a pretty eclectic mix.

Indeed. Where's the obligatory sushi or pan-Asian restaurant?

 

[AlvinofDiaspar]

Indeed. Where's the obligatory sushi or pan-Asian restaurant?

I can't imagine they could afford the rent (unless they are really high end) - good luck with the high new restaurant mortality rate though- they'll need it.

AoD

 

[mustangjay]

^^ So is that what we have to look forward to, banks on 3 corners, at Yonge and Bloor? That's a good way to kill the most prominent intersection in the city.

Like it or not folks, banking and finance is what made this city and continues to drive a huge segment of it's economy. There's worst things to be known for then banks.

 

[W. K. Lis]

Yep, it's Toronto -- banks on 3 corners and a donut shop on the 4th.

These days, it'll be a single bank, a donut shop, a pay day loan store, and dollar store.

 

[MileHigh]

TD is already a signed tennat for 1BE which could complicate that a bit. And FTR, TD will be keeping the Bloor/Bay branch too.

Is this confirmed? Seems kind of silly to have 2 TDs so close to each other. Also I can't imagine the 1BE having a large TD presence since the Bay Bloor location is already large and they just redid the exterior of the building.
It it's true then it's very sad day indeed.

 

[chriskayTO]

Is this confirmed? Seems kind of silly to have 2 TDs so close to each other. Also I can't imagine the 1BE having a large TD presence since the Bay Bloor location is already large and they just redid the exterior of the building.
It it's true then it's very sad day indeed.

I also find it very odd that TD would sign a lease for the retail space - this is prime plus space, and lease rates would be through the roof.

 

[interchange42]

Let's take the TD talk to the 1 Bloor East thread please!

42

 

[salsa]

These days, it'll be a single bank, a donut shop, a pay day loan store, and dollar store.

And nail salon

 

[Tewder]

The presence of Saks here may 'up the game' a little for 1 Bloor, and for retail south along Yonge in general. It will be a serious retail anchor.

 

[thecharioteer]

Said building:

Remember also that the old Trader's Bank was not "in the way" of the new office building or store. A new building could be built on the site:

 

[pw20]

Exactly - I'd rather see an extension of the podium that recreates the street wall than a waste of space half-assed public/private space that becomes a wind tunnel.