10 Mar 229 Consumers Road (Retail)
(REIT managed – not owned)
Parkway Place Restaurant Campus, located at 229 Consumers Road, is scheduled to open in 2018. This new retail development comprises 42,000 square feet and features patios, high ceilings, dedicated parking and excellent signage opportunities.
The immediate catchment area includes both Consumers Road Business Park and neighbouring hi-rise residential concentration. Consumers Road Business Park reportedly has approximately 24,000 employees within walking distance of the site. There are 3,800 condominium units along the northern boundary, with more under construction. Audi’s new flagship dealership and Porsche Canada’s new Corporate Head Office, Training Facility and Retail Showroom are adjacent to the site. In total, the nearby population exceeds 268,000 with over 100,000 households within a 7 minute drive. Proximity to the 401 and 404/DVP interchange is unmatched – offering excellent visibility; reported traffic is 330,000 vehicles per day. 229 Consumers Road is part of the Parkway Place office complex.