The St. John’s Metro has more people with more money to spend on more cars, in more restaurants, and on other stuff than ever before. And businesses are scrambling to get in on the action.
Condos in the recently renamed and soon-to-be revamped NL Telephone building on Duckworth Street, Mix, are now on sale—$244K gets you a 480 sq-foot one bedroom.
Restaurant impresarios CARA are opening two more Swiss Chalets and a high-end Milestones. They also own Montanas.
Rumours persist of Banana Republic and H&M’s arrival. Both companies won’t confirm or deny anything, but GAP owns both Banana Republic and a building in the Harvey Power Centre.
The Kelsey Power Centre off Kenmount is being expanded. A new Kent opened there in July. Rona opened a while ago as the first tenant in the Harvey Power Centre, behind the Cabot Power Centre (aka Stavanger Drive). Across the road, dirt has began to be moved for the Field Power Centre a new Empire Theatre will be the anchor tenant there. Work is also beginning on Southlands Power Centre. Early plans include an even bigger movie theatre and an even bigger hardware store.