Richmonds break ground for new 49th Parallel store in Duncan
It has taken four decades but Wayne Richmond is embarking on something of a homecoming.
The patriarch of a family business that has gone from one small grocery store to a chain that now boasts full-size 49th Parallel Grocery Stores in Ladysmith, Cedar and Chemainus and smaller outlets in Duncan and Chemainus, is returning to his roots.
"Dad grew up on Isley Street, which isn't too far from where the new store is going," explained Peter Richmond, as family members joined North Cowichan Mayor Al Siebring and contractor Steven McPhee for a ground-breaking ceremony on Wednesday morning.
"We are extremely excited to finally be breaking ground on the development and to be partnering with Peter, Wayne and the rest of the 49th Parallel family," says McPhee.
The Richmonds are building a 25,000 square foot store that will be the anchor for a development on a site southwest of the Berkey's Corner roundabout which is the intersection of Sherman, Somenos and Cowichan Lake Roads.
After growing up on Isley Street, Richmond and his wife, Harmina, bought a small corner grocery store in Ladysmith in 1977 and began building the 49th Parallel brand and successful neighbourhood food outlets.
Along the way they raised their two children, Peter and Kathy and the venture became a bona fide family business. Peter joined the business in 1996 and is now company president and Kathy works in the head office in Ladysmith.
"We bought Bruce's Grocery with the idea of having a larger store before now," Peter said.
The venerable, but under-sized Bruce's Grocery on Cairnsmore will remain but is due for some upgrades as the Richmonds continue their commitment to the local community. It became a 49th Parallel store 11 years ago.
"We believe in serving the local community and we always draw from an area about two or three miles from our stores," Richmond added.
Richmond says the new Berkey's Corner store will be an improvement over the smaller, 4,800 square foot store on Cairnsmore but will stick to the formula that has made the 49th chain successful.
"We'll be able to have more variety and more selection," he pointed out.
Speaking to a Duncan Cowichan Chamber of Commerce audience a day earlier, Richmond said despite increasing competition and rapid changes in the grocery industry, he was determined to avoid one emerging trend.
"We keep an eye on changes, particularly in technology," Richmond said. "But you won't be seeing any self-checkouts in our stores."
The five 49th Parallel stores employ 275 people.
McPhee, vice-president of leasing and development for Forum Properties, the company building the store, expects the project to be complete by this time next year.
Located on Nun's Island, Centre Le Village stands out for its unique design. An abundance of local business can be found in the center including a dry cleaner, shoe repair, financial institutions, an optometrist, grocery store, SAQ, a hairdresser, restaurants and a daycare.
Centre Le Village is getting a makeover! Forum has taken the initiative of updating all signage as well as the common areas of this shopping center. Several other improvements are to come!
Notice to all entrepreneurs, come be a part of this change! We have 5 vacant units, perfect for your next project. Situated in the main commercial hub of Nun's Island, this center benefits from an exceptional location, being located at the focal point of this community. What could be better than benefiting from the traffic of a Provigo and an SAQ? The parking lot is rarely empty! Centre Le Village is always full of action and attracts a diverse clientele of all ages!
Forum is looking for short-term tenants for this center. Come be a part of the changes happening in this Nun's Island hub!
If you are interested in a short-term rental or pop-up shop, contact Jaime Roskies at (514)-354-5920 ext. 253
It was with great pleasure that we welcomed Graeme Dymond to our booth at the ICSC in Toronto on September 24th! This freelance artist is a master LEGO designer, being the second in Canada to become 'LEGO Serious Play' certified!
His skills and creativity have provided us with a real work of art, OUR LOGO IN LEGO! How could you not fall in love with this masterpiece?
We hope to have brightened the days of the ICSC's visitors with this extraordinary work of art, inspiring them to create more unique moments!
Welcome all dogs! We are proud to announce the launch of our Dog Friendly pilot project at Factoreries Tremblant, starting this weekend during our last sidewalk sale of the summer! Together let's rethink our retail experience https://bit.ly/2HvLAEr
For more information please visit our Facebook page https://www.facebook.com/FactoreriesTremblant/ or http://factoreriestremblant.com/
Forum Properties has acquired a new property in Terrebonne: Les Promenades Terrebonne, a dynamic shopping center located at the intersection of Boulevard La Pinière and Boulevard des Seigneurs. It is strategically positioned at Exit 35 off Highway 640, where over 70,000 vehicles travel each day. It is located at the entrance of Boisé de la Pinière, a prestigious residential district, and is close to several other major residential developments. Major tenants are already operating in the center, such as Chocolats Favoris, IGA Extra, Dollarama, Rouge Boeuf, Ben & Florentine, Uniprix, RBC, TD Bank, Subway, Amir, etc.
Forum and Crofton Moore have acquired 11 properties
May 9, 2019. Montreal.
Forum Properties and Crofton Moore announced today the acquisition of 11 retail properties in Quebec. This portfolio represents over one million square feet of gross leasable area (GLA). Seven of the properties acquired in the transaction will be managed by Forum Properties and four by Crofton Moore.
The shopping centres acquired serve consumers' daily needs with strong anchors such as Walmart, IGA, Provigo, Super C (Metro) and Pharmaprix (Shoppers Drug Mart).
"These additional strong retail properties enhance our commitment to provide national, regional and local retailers with the ability to coordinate their leasing and growth strategies," said Forum founding partner Dean Mendel.
"We are delighted to partner with Crofton Moore in this acquisition," he continued. They are a well-known name in real estate, and they use their in-depth knowledge about markets and tenants to help their clients invest and flourish in the Quebec and Ontario real estate markets. They have developed a full array of real estate services over the last 22 years."
Crofton Moore president Mitchell Moss echoed Mr. Mendel's thoughts. "Our success and growth have been driven by our commitment to our tenants, providing them with the location, traffic and amenities they need to reach their core demographic. That is the same commitment we see at work at Forum Properties, and we look forward to working together on these new acquisitions."
The new properties include:
Centre le Village (Nuns' Island)
Place Elgar (Nuns' Island)
Plaza des Seigneurs (Terrebonne)
Repentigny Shopping Centre (Repentigny)
Saint-Rémi Shopping Plaza (Saint-Rémi)
Centre Sorel (Sorel)
Marché Marcel Laurin (Ville St. Laurent)
Centre Commercial Chateauguay (Chateauguay)
Place Desormeaux (Longueuil)
Méga Centre Côte Vertu (Ville St. Laurent)
About Forum Properties
Forum Properties is a leading developer of retail neighbourhood shopping centres across Canada. The company is a full-service real estate provider that manages all aspects of the development process including due diligence, acquisition, land use planning, construction,leasing and day-to-day property management.
About Crofton Moore
Since its inception over 20 years ago, Crofton Moore has been active in over 8,500,000 square feet of real estate in both Quebec and Ontario. Crofton Moore specializes in the development and redevelopment of real estate projects by providing creative solutions to commercial properties positioned to meet the current and future needs of commercial tenants and their clients.
Brand new concept!
The Coiffure La Belle and Beast salon welcomes young and old at the Terrebonne Market.
A new specialized hair salon for children and the whole family.
This new kind of salon is located at the Marché Terrebonne - 1135 Rangs St-François.
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