Why is Mayfair Mall expanding?

in #victoria7 years ago (edited)

City planners have once again approved a commercial renovation project in the city of Victoria, British Columbia. Slated for a 72 Million dollar renovation, Mayfair mall at Douglas and Finlayson will expand by 100,000 square feet of new retail space. Yet Hillside Mall renovation still remains vacant to a great extent. Uptown city center has not yielded the commercial business they thought it would attract. Existing commercial retail vacancies are on the rise throughout the city.

What are the city planners, retail developers, and the general managers thinking? Why are they approving projects that do not reflect demand?

The information provided in this video is for educational purposes only. No product or advice is being sold and the material obtained for this video is for informational fair use reference only. A list of sources and their websites is listed below.

Source/credit:
Personal video footage
Personal photograph footage

For more information on this project:
http://victoria.citified.ca/news/mayfair-shopping-centre-expansion-plans-revealed/

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