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g Todd Lisso, a land use planner for The & Future Group, a North York consulting 5 firm, revealed the information at a special @ joint Waterloo/Woolwich council meeting z at Waterloo city hall Monday night. Howâ€" g u o W o > < a D W & B > W € uy CY o z3 border z Todd o C Future : Retail interest heavy in proposed ‘big box‘ power centre The 13 stores are to range in size from 3,000 square feet to 160,000 square feet. At least three of the proposed stores are 87,000 square feet in size or bigger During his presentation, Lisso said First Professional Management retained The Thirtyâ€"two acres of the land are in Woolâ€" wich while 14 are in Waterloo. The land is currently owned by Mercedes Corporaâ€" uon, Waterloo Countryside Inc. and Bo Young Chot CLU â€" ’ + I ‘”f 5 4 wo Andre Lavoie* Jarmo Lehtonen* Dan MacDonald* Gord Maikawa* Fronk Mill» 2 The Future Group has applied for offiâ€" cial plan and zoning bylaw amendments to both Waterioo and Woolwich concerning +6 acres of land immediately west of the Conestoga Parkway and immediately south of Regional Road 15 (King Street). The company is acting for First Profesâ€" sional Management, a North York develâ€" )per that wants to buy the land to build a 13â€"store ‘new format retail centre‘ or power centre‘ on the property. # \ ed 4 a Terry Fox* evcrlssowouldnot-y%th;po(zmhl tenants might be. & ""oe . N _3 6 3. . i mill * P m % * 6 “ A 4 ~ 4# Â¥ I W l 4 t 4 F i 2 David Bart 1* lain Blair® John Bevno lahn Rachmer® P Reoithesser "I L o @hatle vee se se ebedeas a 4 a s a 44444 4 44 a a a a a a a "Wisfiiry the very best for you and yo etween five and 10 ‘big box‘ retailers B are interested in locating in three proposed ‘big box‘ stores on the City of Waterloo/Township of Woolwich Chronicle Staff ) 4 Season‘s Greetit q the very best for you and uoff familu in 1997 0 4 Doug Kechnie® _ Jeff Kechnie* a* 0 Frank Maue 00 02 [POme ED in aoe MacDonald* _ Gord Maikawa* _ Frank Miller® Gary Mintz® Libor Piruchta® BA Se. B.A.CLU, CHPC _ cuu, cHrc 85. CW, CHFC Kecnnte Financtar Grour Inc. Mn When Waterloo Coun. Joan McKinnon asked Lisso if he thought a proposed new ‘big box‘ food store at the proposed new ‘power centre‘ might come into conflict with a proposed new Zehrs supermarket to be located at the northeast corner of King Street North and Northfield Drive, Lisso said he didn‘t know. "We would seek as part of phase one of our proposal (the three ‘big box‘ stores) to construct a new discount department store at that location," Lisso said. "We would also look to implement a new home improvementâ€"type store as well as a new large regional food store." Lisso also said the new development, in terms of floor area, would be approxiâ€" mately 450,000 square feet in size and would likely be built in phases over three to five years. The first phase would likely have a floor area of approximately 250,000 square feet, he said. "We would anticipate at a mature state that our centre would employ approxiâ€" mately 600â€"700 people," he said. "And that would represent a payroll of approxiâ€" mately $8 million to $9 million, which would of course would be reinvested back into your community," Zehrs is proposing to eventually close its Future Group approximately 1 1/2 years ago to look for a potential site in this area so the development company could create a ‘new format retail centre‘ similar to the one that‘s recently developed on Sportsâ€" world Drive at the Kitchenerâ€"Cambridge Public meetings regarding the proposal will likely be scheduled for this April. In a memorandum to both councils, City of Waterloo planner Janice Mitchell and Township of Woolwich planner Scott Nevin said they expected The Future Group‘s application for official pian and zoning bylaw amendments to be complete by March. The company still needs to subâ€" mit such supporting documents as a marâ€" ket analysis, traffic studies and planning studies to both municipalities. He said a number of consumers in both communities shop at the current ‘power centre‘ on Sportsworld Drive and are thereâ€" fore not spending money in their home communities When Woolwich Mayor, David Leis, asked Lisso if he thought the Woolwich and Waterloo areas might currently be losâ€" ing retail dollars because there was not any retail ‘power centre‘ in either community, Lisso said yes *(But) we think theres a need in this market for more food store competition, maybe under a different banner, that would be representing this market, current 36,000â€"squareâ€"loot LonestOga Mall store and open an eventual 103,000â€" squareâ€"foot store at the new location at some point in the relatively near future. "It‘s difficult for me to answer that because we have not got our market impact study completed yet," Lisso said. "I certainly think there will be a finite end to the amount of food store space that the city can absorb â€"squareâ€"foot Conestoga Alenka Keevill* q & in‘am e business * Helga If are interested in an independent b as. Cu. CHire Wegscheider® op::uniyhfma'dlds.w Bill Hadcma. or Jim Krulicki, Associate Manage. P . omm Branch Manager, Ben Ketslakh* rC reative Basketd 94 Brid Road East, 2nd Floor wm?&' N2J2J9 â€" (519) 885 Agents licensed with Mutual Life of Canada/Mutual lnves:c !n*, e oC o en ce oc paeeepen n The Mutual Group » 99 Wnn‘ | C in 1+ Li e eancess.. PR P UeRppr ty (519) 885â€"4000 p sales were reco ber, bringing t total to 4,193 ing that inc spending in the econom; 1997. A total broke throu lion dollar b than last year. as a Most Im posting a 32 was one of chise chain at the chain tion in FL 12 in sales, W Auto Pain works cen