NEWS
 
Walmart not included in new retail plan for Kensington Market
Developer RioCan is backing away from having the retail giant in the area
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There was a massive outcry when talks began about Walmart moving in to Kensington Market. It sounds like those against it, have won the battle.

The latest pitch to the city from developer RioCan no longer includes the big-box store and the retail space itself, will be much smaller.  

The new plan was unveiled at a local stakeholders meeting on Thursday night by city councillors Adam Vaughan and Mike Layton.

The largest unit space in this proposal is 45,000 square feet, while the original one included 95,000 square feet for the Walmart store.

Chief executive of RioCan, Ed Sonshine spoke to the Globe and Mail saying that if the project is approved, "“we believe we can make arrangements with Walmart so that they can basically walk away from the deal.”

Councillor Mike Layton, who opposed the retail giant coming into the Bathurst and Nassau streets area, says he's cautiously optimistic about this, even though city council still has to examine it later this month.

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2 0

There was a massive outcry when talks began about Walmart moving in to Kensington Market. It sounds like those against it, have won the battle.

The latest pitch to the city from developer RioCan no longer includes the big-box store and the retail space itself, will be much smaller.  

The new plan was unveiled at a local stakeholders meeting on Thursday night by city councillors Adam Vaughan and Mike Layton.

The largest unit space in this proposal is 45,000 square feet, while the original one included 95,000 square feet for the Walmart store.

Chief executive of RioCan, Ed Sonshine spoke to the Globe and Mail saying that if the project is approved, "“we believe we can make arrangements with Walmart so that they can basically walk away from the deal.”

Councillor Mike Layton, who opposed the retail giant coming into the Bathurst and Nassau streets area, says he's cautiously optimistic about this, even though city council still has to examine it later this month.

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