The Real World of Real Estate

Avenue Living - Secondary Market Retail and The Repurposing of the Wetaskiwin Mall

June 15, 2021 Gerald Tostowaryk Season 2 Episode 14
The Real World of Real Estate
Avenue Living - Secondary Market Retail and The Repurposing of the Wetaskiwin Mall
Show Notes Chapter Markers

In today's episode, I am joined by two of the key architects of the repurposing of the Wetaskiwin Mall, Slava Fedossenko, Commercial Asset Manager with Avenue Living, and Ben Volorney, Principal with Avison Young Edmonton in the retail market.

We discuss the events and factors in the retail marketplace over the years leading up to the Wetaskiwin Mall project, the project itself, and the changing retail environment we find ourselves in.

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Introductions
How my guests originally met
Events, trends and headwinds my guests have experienced over the years
Successes and/or regrets over their careers
Retail industry trends experienced over the years
The emergence of Experiential Retail in Brick and Mortar stores
What will or won't change in retail due to covid
The Village Square experience and Transit Oriented Development
Secondary Market Retail
The story of the Wetaskiwin Mall repurposing
Personal Insights into my guests
A look at e-Commerce
Effect of the pandemic on weaker brands
Brands that have benefitted from the pandemic
Forecast for the coming year in retail
Closing remarks

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