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Smiths Falls to lose Food Basics as RioCan closes County Fair Mall

countyfair-mall

Chris Must
chris@pdgmedia.ca

RioCan Real Estate Trust plans to close County Fair Mall at the end of February and will demolish the property by the middle of next year, Smiths Falls Mayor Shawn Pankow informed town councillors at a meeting Monday, Nov. 7.

Tenants of the mall, located on Brockville Street, have been asked to vacate the property. Most will be gone by the end of January.

Although most businesses plan to relocate, Food Basics will be closing with the loss of eight full-time jobs. The future of Dollar Tree is uncertain.

“This news is very disappointing to Smiths Falls and the surrounding area,” said Pankow, reading a prepared news release at the meeting. “Our greatest concern is for those who are most impacted; those who will lose their jobs.”

The mayor said the town hopes to locate a developer willing to buy the property and revive the commercial enterprise. “RioCan has indicated they will proceed with demolition by mid-next year, but they have also indicated that they are open to offers,” Pankow said.

Although the mall struggled with low occupancy rates following the departure of the Target and Staples stores, the property offers high visibility and a great location, said Pankow.

Photo by: Howida Sorour-Roberts

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Smiths Falls to lose Food Basics as RioCan closes County Fair Mall

countyfair-mall

Chris Must
chris@pdgmedia.ca

RioCan Real Estate Trust plans to close County Fair Mall at the end of February and will demolish the property by the middle of next year, Smiths Falls Mayor Shawn Pankow informed town councillors at a meeting Monday, Nov. 7.

Tenants of the mall, located on Brockville Street, have been asked to vacate the property. Most will be gone by the end of January.

Although most businesses plan to relocate, Food Basics will be closing with the loss of eight full-time jobs. The future of Dollar Tree is uncertain.

“This news is very disappointing to Smiths Falls and the surrounding area,” said Pankow, reading a prepared news release at the meeting. “Our greatest concern is for those who are most impacted; those who will lose their jobs.”

The mayor said the town hopes to locate a developer willing to buy the property and revive the commercial enterprise. “RioCan has indicated they will proceed with demolition by mid-next year, but they have also indicated that they are open to offers,” Pankow said.

Although the mall struggled with low occupancy rates following the departure of the Target and Staples stores, the property offers high visibility and a great location, said Pankow.

Photo by: Howida Sorour-Roberts

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