Brookfield’s portion of the complex also includes retail stores at the concourse level connecting directly to the Bloor-Yonge TTC station, as well a 36-storey office building located at 2 Bloor St. E., and the west half of the Hudson’s Bay store and retail complex.
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Why is the Bay closing at Yonge and Bloor?
Located at 44 Bloor St. E., the store is closing partially because of its proximity to Toronto’s flagship Hudson’s Bay location at Queen and Yonge. The brand experienced rent payment issues when malls were closed during lockdowns.
What is happening to Bloor Street in Toronto?
In several years, parts of Bloor Street West between Bay Street and Avenue Road will be unrecognizable. Several buildings will be demolished for new developments that will create new retail opportunities at the base of condominium units that will house thousands of new residents.
Is the Bay closing in Montreal?
The Hudson’s Bay store at Les Jardins Dorval in suburban Montreal will be closing in September of 2021. It’s the third confirmed closure for a Hudson’s Bay store in Canada this year, following the announcements that the downtown Edmonton and downtown Winnipeg Bay stores would also shut forever.
Who owns 2 Bloor Street West?
KingSett Capital
Toronto’s 2 Bloor West, owned by KingSett Capital and managed by Triovest, is the first building in Canada to meet all of the criteria needed to receive a SmartScore certification.
What is replacing the Bay on Bloor?
Brookfield’s portion of the complex also includes retail stores at the concourse level connecting directly to the Bloor-Yonge TTC station, as well a 36-storey office building located at 2 Bloor St. E., and the west half of the Hudson’s Bay store and retail complex.
Why is the Bay on Bloor closing?
The closure of Hudson’s Bay on Bloor follows a legal battle between the company and the Ontario government last year. At the time, shopping malls were forced to close due to pandemic public health measures and Hudson’s Bay stopped paying its rent.
What happened at Bloor Yonge station?
The fire broke out at Bloor-Yonge Station, according to police, and service along that stretch was shut down shortly after 7 a.m. Toronto Fire Services and TTC officials worked to resolve the issue and were able to put the “main body of fire” out in the late morning.
What is BIG on Bloor?
BIG on Bloor; Bloordale’s Festival of Art & Culture features a weekend street closure and site-based activations for a week after, with 100,000+ visitors participating in multidisciplinary art projects, presented by over 100 local artists from various backgrounds, identities and groups.
Why is Hudson Bay closing?
According to CTV News, the closure of the Bloor Street location comes after a legal battle between Hudson’s Bay Company and the Ontario government. Reportedly, when the government enforced laws to close down stores due to the pandemic last year, Hudson’s Bay refused to pay rent.
What is happening to Hudson Bay Company?
Aside from Saks Fifth Avenue and Saks Off Fifth, HBC sold most of its other American operations by mid-2019, and sold Lord & Taylor in August 2019 to Le Tote for $75 million. They sold some of its European operations by August 2019 and its remaining stores, in the Netherlands, were closed by the end of 2019.
What is replacing the bay in Dorval?
Hudson’s Bay Co. will shut its Dorval Gardens store for good in September 2021, the 350-year-old retailer confirmed Wednesday in an emailed statement. Dorval customers will now need to turn to the company’s Pointe-Claire or Carrefour Angrignon locations or shop online. We apologize, but this video has failed to load.
What’s the longest street in Canada?
Yonge Street
Yonge Street as the “longest street in the world”
Running (mostly) concurrent with Yonge as far north as Barrie, then continuing beyond through central and northern Ontario to the Ontario-Minnesota border at Rainy River, the highway was over 1,896 kilometres (1,178 mi) long.
Which Bay is closing in Toronto?
The Hudson’s Bay store
The Hudson’s Bay store at the northeast corner of Yonge and Bloor Streets in downtown Toronto shut permanently last week, and a bit earlier than expected. The store opened in 1974 as the retailer’s flagship until 1991 when a former Simpsons store at Yonge and Queen Streets was converted to the Hudson’s Bay banner.
Is Zara Canada closing?
Toronto’s first Zara store, which has taken up residence on Bloor St. for 22 years, will soon be closing. Spanish-based Zara does men’s and women’s apparel, accessories and beauty products, is one of the best known fast fashion brands and is part of Inditex, the largest apparel retailer in the world.
Is Hudson Bay profitable?
Excluding the impacts of COVID-19, all Hudson’s Bay stores were profitable, the company said. Some analysts see the latest business decision as a last-ditch effort to modernize the once-popular brand and keep it alive post-pandemic. “The Bay’s online efforts have been substandard,” said Soberman.
What time is the first TTC train?
The subway operates from approximately 6 a.m. to 2 a.m. Monday through Saturday and approximately 8 a.m. to 2 a.m. on Sundays. Exact times vary by station.
Which festival is celebrated in Toronto?
Film, art and culture
The Toronto International Film Festival: Every year, some of the biggest celebrities in the world—and loads of their fans—flock to Ontario for the Toronto International Film Festival.
Is the Bay closing for good?
It’s the end of an era. It’s the end of an era for an iconic Toronto store. The Hudson’s Bay, which has occupied the corner of Yonge and Bloor Streets for nearly 48 years, will be shutting its doors at the end of May 2022. The store, which spans 270,000 sq ft over five floors of retail space, first opened in 1974.
Is the Bay closing its stores in Canada?
In May, the historic location is closing its doors. “Given the unique proximity to the Hudson’s Bay Queen Street flagship location in Toronto, Hudson’s Bay has made the decision to close its Bloor Street store on May 31, 2022,” Hudson’s Bay spokesperson Tiffany Bourre told CTV News Toronto.
Which Bay stores in Canada are closing?
Hudson’s Bay is closing one of its two stores in downtown Toronto after 48 years. The department store retailer says its Bloor Street location will close May 31, joining stores in Edmonton, Winnipeg and Dorval, Que., that have shuttered in recent years.