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[Downtown] Capital Six Theatre | Built


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#1 sdwright.vic

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Posted 07 July 2014 - 11:14 AM

Little birds are chirping about a downtown Thrifty Foods... but not where everyone was at first thinking.

Birds are saying the Empire Capital 6 is soon going to be re-purpsed. Makes sense, the property never went up for sale or lease.

Edited by sdwright.vic, 07 July 2014 - 11:15 AM.

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#2 Mike K.

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Posted 07 July 2014 - 11:31 AM

They certainly have been eyeing the area for a long time. This location would make a great deal of sense, albeit significant renovations would be required.


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#3 sdwright.vic

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Posted 07 July 2014 - 11:33 AM

Significant is a understatement. Maybe partner with a developer with condo's above
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#4 Mike K.

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Posted 07 July 2014 - 11:39 AM

Interesting idea. Are you saying the current building will be razed?

 

Chard is the developer of the adjacent 819 Yates project. I have put in a query with Chard Development to shed some light on their involvement here, if any.


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#5 sdwright.vic

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Posted 07 July 2014 - 11:42 AM

I'm not saying... just proposing... Property value and taxes would be quite high I think for a grocery store only, especially at the thin profit margins.
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#6 jonny

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Posted 07 July 2014 - 12:13 PM

Well that would certainly be awesome. I imagine it would be easier to rip down the existing building and start from scratch.



#7 Mike K.

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Posted 07 July 2014 - 12:35 PM

Chard Development is confirming that they are not involved in this project.

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#8 sdwright.vic

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Posted 07 July 2014 - 12:42 PM

That's a shame... they should combine the properties and build something iconish here
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#9 Bingo

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Posted 07 July 2014 - 12:42 PM

Well that would certainly be awesome. I imagine it would be easier to rip down the existing building and start from scratch.

 

I would hope that the iconic glass enclosed walkway would remain.

 

IMG_8402.jpg



#10 jonny

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Posted 07 July 2014 - 12:43 PM

I would hope that the iconic glass enclosed walkway would remain.

 

IMG_8402.jpg

 

I would hope not!



#11 sdwright.vic

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Posted 07 July 2014 - 12:45 PM

^all the plants on the inside are pretty much dead now.
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#12 Mr Cook Street

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Posted 07 July 2014 - 12:46 PM

Sure hope this pans out. Can't see how the current building can be repurposed as a grocery store. One would assume they'll want parking on site.

 

Something thin and tall would be a nice counter-point to the Atrium.


Edited by Mr Cook Street, 07 July 2014 - 12:47 PM.

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#13 Mike K.

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Posted 07 July 2014 - 02:06 PM

We've been told that Sobey's owns this property. So if a Thrifty Foods is indeed the rumoured tenant, this adds an incredible amount of validity to the lead.


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#14 jonny

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Posted 07 July 2014 - 02:20 PM

This rumor may have legs.

 

The property owner is Empire Company Ltd. who is the parent of Sobey's. Thrifty's is a division of Sobeys.

 

When Empire Theaters shut down, the word was that Empire Company Ltd. was holding on to the property and aimed to sell the property at some point in the future for capital gains. The property has never been put up for sale, as far as I know.


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#15 Bingo

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Posted 07 July 2014 - 03:35 PM

IMG_8402copycopy.jpg


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#16 sdwright.vic

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Posted 07 July 2014 - 04:20 PM

Lift the dome up top for a huge skylight.
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#17 sdwright.vic

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Posted 07 July 2014 - 04:21 PM

Lift the dome up top for a huge skylight.
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#18 tedward

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Posted 08 July 2014 - 07:57 AM

Actually the dome would make a spectacular entrance for a grocery store if you remove the current ground-level windows.


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#19 Mr Cook Street

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Posted 08 July 2014 - 08:05 AM

Does Sobey's have any urban grocery concept stores they've tried out anywhere? Maybe in Toronto? It would be nice to see something like the urban Whole Foods that have coffee shops and great take take out food. Something a little more vibrant than a standard Thrifty's layout.


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#20 sdwright.vic

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Posted 08 July 2014 - 08:13 AM

Yes there is a Urban Sobey's... it's Sobey's Urban Fresh.
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