What is the timing for redevelopment of the site? Will this grocery store be closed for construction at the same time as the nearby Valu-Mart?
First Capital will be working with the existing grocer as part of the future redevelopment of the site. As a retail developer, owner and operator, we understand the value that our retailers provide for people in the neighbourhood. Part of our vision for the site is to continue to provide excellent shops and services that best serve the needs of the community. We are early in the planning process, and Sobeys holds a long-term lease on the property. For these reasons it will be many years before redevelopment occurs on the site.