Leaside Life Issue 12 December 2012

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LeasideLife issue 12 nov_LeasideLifev1 12-11-20 11:19 AM Page 1

No. 12 • December 2012

Page 30

Leaside Life leasidelifenews.com

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GROCERY, Page 7

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Not too long ago Leaside had just three grocery stores, all along Bayview Ave. When Whole Foods opens a location at Bayview and Broadway, expected sometime in 2015, we will have seven major grocery retailers. And, for better or worse, many expect that the SmartCentre North development on Wicksteed will eventually include a Walmart, which would also sell groceries. That would be eight big ones, all in an area that has seen little population growth in the past 20 years. And it makes us different. Some rough comparisons, because it’s hard to set the size of a community: Don Mills has three large stores, the Yonge and Eglinton area just one with a Sobeys a bit away on Mt. Pleasant. There are three stores for Lawrence Park, Riverdale and Deer Park. Two for Leslieville, High Park, Willowdale and the Beach. What’s the big deal with Leaside? Let’s look at several answers. “Canada has some of the strongest and most stable returns for supermarkets in the world,” says Don Marleau, a Standard & Poor's credit analyst covering the Canadian retail sector who is familiar with Leaside. “One of the key strengths of Canadian supermarkets – and other leading retailers like Canadian Tire and Shoppers Drug Mart,” says Marleau, “is their attractive locations in increasingly dense urban areas.” We’re not increasingly dense. But

B LE VA EN GL Y VIE BA

By ALLAN WILLIAMS

VD BL

LE VA EN GL

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So many retail grocery stores in Leaside

LE VA EN GL

E WE’R

PARKER: We’ll soon know if we have a fight Councillor John Parker says we may have a fight on our hands if the developer of the Post Office site at 2 Laird does not cut down plans more than those presented at a community working committee meeting Oct. 29. (See his column on Page 23.) In the developer’s new proposal the number of suites has been reduced from 98 to 73. Parking spaces have been cut to 98 from 116 and the building height is still eight stories with balconies. Gross floor area is now at 80,000 square feet reduced from 85,000 square feet. At a September community meeting neighbours expressed concerns about traffic, visitor parking, height, density and transition. Brenda Berge of Krawchuk Lane said then the proposed development “would have my house facing a 15-foot wall”. Other residents said the proposed building is out of place and context at an entry point into Leaside. n


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Leaside Life Issue 12 December 2012 by Leaside Life - Issuu