Urban Toronto reports that it has received information indicating that Apple has reached an agreement to occupy 1 Bloor Street West in Toronto, potentially signaling plans for a major new flagship store in the heart of one of Toronto's major commercial districts.
The space is currently occupied by Stollery's, a 30,000 square-foot clothing store. It is unclear how Apple would choose to reconfigure the space for its own uses, but the potential for a large flagship store is certainly present at this key location.
Apple had previously been rumored to be looking to occupy retail space in an 80-story tower planned for 1 Bloor Street East, directly across Yonge Street from the newly-rumored location, but the tower project stalled amid financing concerns. A plan for 1 Bloor East has been resurrected by a new developer working on a 65-story condominium tower, but it appears that Apple has now pursued alternate plans for its forthcoming store.
Last edited by Joker Eh; Feb 28th, 2012 at 02:53 PM.
Interesting. I thought Stollery's owned the space, so that could be very lucrative for them.
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Update
Here is an update:
Quote:
Update 1: The Grid contacted Stollery’s and their manager Deborah Scott had this to say (thanks Francois):
“I think that’s an interesting rumour and I’d like to know who started it,” she said. “But it’s not true—we’re definitely in business, we have staff here, we’re still buying and we’re not moving anytime soon.”
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bah. That's too bad. I'd love to not have to go to the eaton's center, or all the way up to yorkville.
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