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Seaway Centre Redevelopment Will Create New Commercial Space

SeekersAdmin by SeekersAdmin
November 1, 2012
in News and Announcements
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One of Cornwall’s busiest intersections is about to get a facelift with a major redevelopment of the Seaway Centre commercial plaza at the intersection of Brookdale and Vincent Massey.

The Seaway Centre is 12.6 acre site that is home to three commercial buildings totalling over 155,000 sq.ft. Major tenants include Metro, Value Village, Dollarama and Pet Valu. The property has over 750 parking spaces

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The proposed development calls for a significant reworking of the existing 75,000 sq.ft. building on the eastern portion of the property which currently houses the StarTek call centre. A new facade would be built, allowing for the creation of new retail units ranging in size from 2,500 to 25,000 sq.ft. The StarTek offices would remain in the rear portion of the building, which was formerly home to a department store.

“We are excited about this project as it will create the optimal use of this well-established and popular shopping destination” said Edward Goldberg of Diamond Trust Seaway Inc., the owners of the property. “We work closely with our tenants to give them the best opportunity for success and this investment will benefit the entire area.”

Mr. Goldberg is already in talks with potential tenants who are excited at a chance to get frontage on the very busy Vincent Massey and Brookdale Avenue.

Brookdale connects Highway 401 to the Seaway International Bridge. It is the busiest commercial street in Cornwall, and retail locations are hard to come by and much sought after. The Seaway International Bridge is currently being rebuilt and the new bridge is scheduled to open in late 2013.

Mr. Goldberg expects to begin construction in the next few months.

“We have confidence in Cornwall’s economy over the next several years. New employers are setting up in the City, attracting new residents. Cornwall is also offers some very attractive and affordable residential options, and baby boomers are choosing the City as a place to retire. This all bodes well for commercial properties such as the Seaway Centre.”


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    SeekersAdmin

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