We're Turning a Square Into a Diamond
Total Page:16
File Type:pdf, Size:1020Kb
We’re turning a square into a diamond. ALLEN ROAD LAWRENCE AVE WEST LAWRENCE HEIGHTS revitalization project There goes the neighbourhood. All 100 acres of it. Situated at the corner of Lawrence and Allen Road, Lawrence Heights is the largest revitalization ever undertaken by Toronto Community Housing. The product of years of strategic teamwork and vision from residents, developers, the City of Toronto and local businesses, this transformative urban development is destined to become North Toronto’s new centre of living and shopping. $45.9M The New investment Commons 1 No warranty or representation, expressed or implied, is made as to the contents of this document. All illustrations and renderings presented are conceptual only. E&OE SOLD OUT Central The The Yorkdale Midtowns Townhomes Park on the Subway A ground-breaking development deserves ground-breaking participants. More than developers and managers, at RioCan we see ourselves as community stewards with a responsibility to shape the future. Our Lawrence Square property provides us with the perfect opportunity to impact Toronto’s next great neighbourhood. Other notable real estate developers investing in the area include Context, Metropia, and Wycliffe, as well as respected architectural firms KPMG, Page+Steel/IBI and SRN. 2 The SOLD OUT Yorkdale Condominiums 3 6 New Subway Stations 4 26M a year ridership. The new TTC Subway Extension brings ridership of 26 million a year through Lawrence West station, adjacent to our property. Add to this a growing influx of commuters via the 401 and Allen Expressway and the numbers tell a most convincing story. Lawrence West 5 Meet the neighbours. And your new customers. The changes happening in Lawrence Heights are nothing short of a transformation. The younger families and young adult households moving into the area seek a vibrant, active and safe community, complete with goods and services to build their lives in their new homes. Check out the topline demographic indicators for this emerging high-density desirable neighbourhood. 3KM - 5MIN DRIVE TIME RADIUS 103,968 39,949 40 $95,551 Population # of Median Average Households Age HHI (5 year growth rate (5 year growth rate (5 year growth rate is 20.8% or 125,593) is 21% or 48,343) is 23.1% or $117,582) 68% 2.6 95% Households Average Speak with children household English size 6 URBAN UPSCALE URBAN OLDER Middle-income, culturally (NON TARGET) diverse, city dweller families. 42.2% Older, mature, empty-nested singles. URBAN STARTERS Younger, diverse, urban singles 3.6% and couples with modest incomes who rent and are starting to marry and have children. 4.1% URBAN YOUNG 5.8% Younger, trendy, well-educated 27.4% city singles and families with upper-middle incomes. URBAN YOUNGER 16.9% URBAN ELITE Younger singles and starter families that are culturally Established, well-educated, diverse, well-educated and prosperous middle-aged older earn modest incomes. families and couples. 7 8 We’re turning a square into a diamond. Reinvestment, redevelopment and revitalization: The three key ingredients of successful retail real estate will be evident at Lawrence Square with major upgrades and improvements. Inside, lines are clean, lighting is bright and natural, and the overall space feels uncluttered, modern and inviting. It’s the ideal environment for shopping, eating and gathering for a growing, vibrant community. Scheduled exterior improvements will enhance curb appeal and attract additional attention for our retail partners. 9 CANADIAN TIRE STRUCTUBE HOMESENSE TIM HORTONS THE SOURCE MARSHALLS PETSMART FORTINOS FIT 4 LESS DOLLARAMA CANADIAN TIRE STRUCTUBE HOMESENSE TIM HORTONS THE SOURCE MARSHALLS PETSMART FORTINOS CANADIANThe only TIREthing moreSTRUCTUBE attractive HOMESENSE than our TIM HORTONSnew look THE is our SOURCE list of MARSHALLSimpressive tenants. PETSMART Success on a scale like this takes more than good looks, it takes the right tenants. At Lawrence Square, FORTINOSours are already in place. FIT They 4 are LESS some of Canada’s DOLLARAMA leading retailers and represent CANADIANa list of national TIREbrands STRUCTUBE everyday shoppers frequent, know HOMESENSE and trust. We have the brands, productsTIM and HORTONS services the entire Lawrence Heights community will be looking for. If you are the company you keep, you will be THEin verySOURCE good company. MARSHALLS PETSMART FORTINOS CANADIAN TIRE STRUCTUBE HOMESENSE TIM HORTONS THE SOURCE MARSHALLS PETSMART FORTINOS FIT 4 LESS DOLLARAMA CANADIAN TIRE10 STRUCTUBE HOMESENSE TIM HORTONS THE SOURCE MARSHALLS PETSMART FORTINOS 11 12 The space you crave. The support you need. The total retail package. Here’s a short list of support we will provide for our tenants and their customers. Complete Major re-launch New Guest Care Guest Services re-branding marketing Station to including Free Wi-fi, of the property campaign & gift support the new technology charging card launch upon neighbourhood stations, Lost and renovation customer base Found, First Aid completion and Digital Directories 13 14 Become part of the next great neighbourhood of Toronto. Our remarkable transformation is well underway. The renovated interior will be complete by early 2019. A high-powered corner. Exceptional visibility. A retail opportunity like Lawrence Square comes along once in aThat’s lifetime. why The seriousfirst rule retailersof real estate like is no different than the first rule of retail. Location. Location. Location. Toyourself learn more should about act us andnow. to visit the property give us a call at 416-866-3033 or 1-800-465-2733. To learn more about us and to visit the property please contact 15 [email protected] today. Better yet, give us a call at 416- 866-3033 or 1-800-465-2733. About RioCan RioCan is one of Canada’s largest real estate investment trusts with a total enterprise value of approximately $13.7 billion at June 30, 2018. RioCan owns, manages and develops retail-focused, increasingly mixed-use properties located in prime, high-density transit- oriented areas where Canadians want to shop, live and work. Our portfolio is comprised of 267 properties, including 17 development properties, with an aggregate net leasable area of approximately 42 million square feet. To learn more about how we deliver real vision on solid ground, visit www.riocan.com. 16 WE HAVE THE PEOPLE CONTACT ABOUT Jennifer Bowyer RioCan is Canada’s largest real Leasing Manager estate investment trust with a total enterprise value of approximately 647.258.5124 $13.9 billion at September 30, 2017. [email protected] RioCan owns, manages and develops retail-focused, increasingly mixed- use properties located in prime, OAKVILLE PLACE GEORGIAN MALL THE WELL high-density, transit-oriented areas Georgian Mall Oakville Place The Well where Canadians want to shop, live Located at the intersection of Located at the intersection of Spread over seven and a Located just north of With an impressive Spread over seven and a and work. Our portfolio comprises 294 Sheppard Avenue and Yonge Guelph Line and Fairview Street half acres, this mixed use theStreet Queen in Toronto, Elizabeth this mixed use 165in Burlington, units, this this enclosed enclosed halfcontemporary acres, this mixedneighbourhood use properties, including 16 development Waycentre at offers Trafalgar 68 retail Road, units shoppingshopping centrecentre offers boasts 132 units contemporarywill border Wellington, neighbourhood Spadina properties, with an aggregate net Oakvilletotaling 305,000 Place sq. is ft.anchored featuring sometotaling of 738,000the biggest sq. ft. featuring willand border Front. Wellington,With over 1.1 million leasable area of approximately 45 byretailers Hudson’s such as Bay Miniso, and Freshii, namesretailers in such retail as Indigo, including Winners, Spadinasq. ft. of and office Front. and 420,000With million square feet. To learn more SportChek,Blaze Pizza, IQ among Foods, Five others. Guys, Hudson’sDenninger’s, Bay, SportChek, Sephora, oversq. 1.5 ft. of million retail planned, sq. ft. ofthis FeaturingBasil Box, Winners, over 100 Dollarama premier ForeverHomeSense, 21, Sport Hudson’s Chek Bay and residential,new neighbourhood 1 million will sq. be ft. about how we deliver real vision on & Shoppers Drug Mart with Goodlife Fitness. a major hub for Toronto’s retailers, RioCan Oakville and Victoria’s Secret, of office and 500,000 sq. ft. solid ground, visit www.riocan.com Longo’s and LA Fitness set to downtown west. Placeopen in offers 2019. a sophisticated conveniently located of retail planned, this new mix of upper-end products at the intersection of neighbourhood will be a and services. Bayfield Street near major hub for Toronto’s Hwy 400. downtown west. Landlord reserves the right at any time to relocate, rearrange, alter or expand the building and structures, other premises, the Common Areas, and any part of the Leased Premises from that shown on these architects’ concepts. All information, dimensions, sizes and areas are approximate only and are to be verified on site. Any references on this plan to specific tenants are 22 subject to change from time to time and shall not be deemed to be any representation as to the tenants that are within the Shopping Centre. E and OE. 23 OWNED AND MANAGED BY.