Update from RIOCAN’s VP of Development
Heavy demolition (the most “noisy and dusty” work) is currently in its final stages and should be 100% completed by the end of this month. When it’s over, we will be doing ground improvements (driving “geopiers” in the ground”, not sure how disturbing that is) until the end of October. We will then be handing over the site to Metro – they will be building their store from October/November until summer 2021.
Meanwhile, we also have the construction of the Rexall+Pinecrest building currently underway. Excavation, concrete foundations and backfill are already completed, and we are currently working on erecting the steel structure of that building which is set to be completed in spring 2021. The demolition of the remaining portion of the mall is currently planned to restart in fall 2021, followed by regrading and paving/landscaping in spring/summer 2022.
Wendy’s Restaurant will not rebuild until 2021. RIOCAN does not have more details from the franchise.