The shopping centre proposed for Adams Lake Indian Band land in Salmon Arm is now advertising retail spaces for lease.
Lakeshore Landing, as the shopping centre is named, will be located on what’s called Lot 7 between the Trans-Canada Highway and the back of the Mall at Piccadilly. It is being marketed by Form Retail.
On Form Retail’s website, a site plan is displayed which includes an 80,000 sq. ft. Home Depot building as an anchor tenant. The plan shows about 10 other buildings of varying sizes.
Glen Bury, formerly with SmartCentres, told the Observer in June that his company, Full Circle Shopping Centres Ltd., has entered into a long-term lease for the band’s 18 acres.
Contacted by email on Jan. 5, Bury said the project is still moving through the technical approvals process.
“Subject to getting all of the necessary highways approvals finalized, we now anticipate starting the preload this summer, so it will be toward the end of this year before we’ll be able to comment further on the site/tenant specifics.”
Asked whether Home Depot is a confirmed tenant, he wrote: “It would be inappropriate to comment until everything is confirmed.”
Under a heading of ‘The Opportunity,’ Form Retail’s website states:
“Lakeshore Landing presents a unique opportunity for retailers to secure a high profile location along the Trans-Canada Highway in the heart of the main retail node for Salmon Arm. The property is surrounded by a number of major retailers including Rona, Canadian Tire, Save On Foods, Shoppers Drug Mart, Zellers, Safeway and The Wholesale Club. Lakeshore Landing has limited constraints with respect to zoning and permitted uses, allowing retailers to secure their prototypical premises, including drive-thru facilities.”
The website states that the estimated occupancy date for the new shopping centre would be the first three to six months of 2013.