evandyk
Senior Member
That was the plan. The project was sequenced so the major retailers could stay open during the first phases of construction. When new buildings with room for the retailers are complete, the retail will move and the old mall will be torn down.From my understanding, the remainder of the old mall is expected to eventually be redeveloped as well as one of the later or last phases to be done. Although the timeline of it will likely be slowed down with the current market conditions.
I think this was discussed in one of the articles here, but I couldn't find it. There's some information here.
Reimagining the shopping centre: ULI Spring Meeting keynote
Toronto is front and centre on the global development stage as it hosts the Urban Land Institute Spring Meeting this week, so it's no surprise a key industry issue – retail redevelopment – was one of the first topics of discussion.
renx.ca
An existing community centre will remain while the new one is built and, while half of the mall has been demolished, a grocery store, a pharmacy, a pet supplies store, a bank and a fitness centre have been retained.
“It kind of forced us to do a very awkward phasing plan,” Lazer explained, “but it's all aimed at keeping everything alive while we're actually developing.”