strookie
Active Member
I thought that they would have constructed a new building on the opposite side of Millway Ave, but maybe I thought wrong.
The Smart Centres letter refers to a "current vacancy" at Millway and Hwy 7. That doesn't sound like it refers to undeveloped land, but you might be right. The letter has that sense of urgency in it that suggests that Smart Centres won't wait for a new office to be built for them.
I think Narduch (quoted below) has pinned down what will happen. It's very likely that Smart Centres will eventually move into an as yet unannounced office tower and take the naming rights for it.
BTW it appears (by viewing the indoor lighting last night) that KPMG tower has just one vacant floor left.
I'm pretty sure the Future Shop / Home Outfitters is just a temporary home for Smart Centres.
I wonder if that will be a 2-story Walmart. That plot of land seems small for a Walmart.
It seems that Walmart has already given Smart Centres a detailed plan of how they want the new store laid out. The letter refers to a 30% smaller store space for the relocation (from 200,000 sq ft to 140,000 sq ft). If that is the case, then it will definitely fit fine within the current property of the Smart Centres and Kumon buildings.
This is the plot of land they're talking about. I don't think it's small--it's about the same size. It's possible that the heliport area will stay, though.