Rona in Play
Less than one week after the 3 February 2016 news comes out about Lowe’s “friendly $3.2 billion takeover” of Rona, ten separate little pink distant early warning signs have popped up along the Kingsway and Dumfries Street sidewalks to the south and west of the Rona building supply store at 1503 Kingsway.
See Pink Spot on Sidewalk at Left
Close-Up of a Pink Spot
City of Vancouver Public VanMap shows the dimensions of the irregular parcel. By rough calculation, the larger of the two 1503 sites amounts to almost 1.5 acres of land.
VanMap Data for 1503 Kingsway
Perspective on Parcel Size
Only time will tell whether those pink spots represent site infection by terminal condoitis. If that proves to be the diagnosis, woe betide Vancouver’s first “neighbourhood centre” at Kingway and Knight. And chalk up another serious loss of useful retail in an area that was supposed to become more friendly to walkable shopping — but is doing the opposite. (King Edward Village is a monument already to retail desertification.)
The planning exercise achieved nothing except (1) a dump of King Edward Village onto the Safeway site across the street, separated from the local area process that failed to deliver anything besides (2) a fast mass rezoning of 1577 single-family properties. That ugly history has already been exposed in detail at Eye on Norquay.
Unlike what happened with the second “neighbourhood centre” in Norquay, planners and their local area compradors never specified anything for the Kingsway shopping area around Knight. Pretend planning leaves behind blank slates for vulture developers.
Since the first came before the second, it would seem reasonable to retroject key specs from Norquay down the hill to the west: maximum FSR of 3.8, and maximum height of 16 storeys.
While “Norquay” chewed a piece off the eastern edge of Kensington-Cedar Cottage, Kingsway & Knight is supposed to be the neighborhood’s heart. Let’s hope that a stake has not just been driven through it.
New Iron Stake at NW Corner of Site
Lowe’s offers $3.2B to take over Canadian rival Rona
Lowe’s Cos to buy Canada’s Rona for $3.2 billion in cash to
create home improvement giant