Local shoppers got some bad news today.
CKWS news has learned that a former quarry off division street –the site of a new commercial plaza — has been sold.
Wal-mart was supposed to build a second store to anchor the new Kingston plaza.
But the new owners say Wal-mart is no longer part of the retail equation.
Darryn Davis tells us what comes next.
A lot of ground has been moved around on this former north end quarry.
But a year after commercial plaza zoning was approved…. which was to be anchored by Kingston’s second Wal-mart store… the site remains empty.
The property has changed hands.
Hank Doornekamp sold it to “Dream Asset Management”– a Toronto real estate company.
Dream says it’s drafting a new vision … telling ckws …
“We are going through the development process and Walmart is no longer part of the development.”
Disappointing news to shoppers in the area.
“It’s disappointing, because you have to drive all the way across the city to go to the Walmart and in the weather like this it would be more convenient to have it on this side of the city for people who live on this side like I do. ”
“Two of my sons live up off Montreal and they were looking forward to having a Walmart down here so they don’t have to drive all the way to Midland.”
Councillor Rob Hutchison says he awaits Dream’s new development …and is disappointed with the delay.
“This was a further development that would have brought other commercial opportunities and employment into the area. ”
The new owners suggested it was Walmart that shelved its involvement in the new plaza.
“When Walmart decided not to advance its plans, we decided to re-imagine the site.”
We tried to contact the discount retail giant for this story … but we’ve not yet heard from them.
But Dream Asset Management says a new commercial project is in the works.
And while it isn’t mentioning any names — dream says there’s been interest from a number of possible tenants.
“The new property owners say they hope to have shovels in the ground and begin construction on the site sometime in 2018.
Darryn Davis CKWS News Kingston.”