Excess land on Skyline Retail REIT properties is used to generate incremental income by developing new retail units on-site. This strategy allows the REIT to bring additional tenants to a property that complement its established tenant mix, enhancing the property’s overall value and desirability to customers.

Through these developments, the REIT aims to benefit its investors, tenants, shopping centres, and surrounding communities. Skyline Retail REIT has active and completed incremental developments at many of its assets including those in Greater Sudbury, Ontario; Sooke, British Columbia; and Elmira, Ontario.

New Development Projects

Elmira- Rexall
Elmira, ON
Completed
Elmira, ON 315 Arthur Street South
Skyline Retail REIT has completed the construction of additional retail units at 315 Arthur Street South in Elmira, ON, now occupied by Rexall and Pet Valu. This project adds approximately 13,200 square feet of retail space to the property. The plaza is fully leased to national brand -name tenants such as Foodland, Dollarama, Harvey’s, and Swiss Chalet. View Property
155 & 255 Edward Street and 351-431 Talisman Drive-28
Gravenhurst, ON
Completed
Gravenhurst, ON 155 & 225 Edward Street and 351-431 Talisman Drive
Skyline Retail REIT has completed the construction of a new 1,861 square foot A&W restaurant at 351-431 Talisman Drive & 155 & 225 Edward Street in Gravenhurst, ON. The project also includes the addition of approximately 200 apartment units in partnership with Skyline Apartment REIT, and a third-party development of a hotel. Tenants currently include Sobeys, LCBO, Dollarama, Canadian Tire, Pet Valu, Quesada, and Subway View Property
Developments - Sudbury
Greater Sudbury, ON
Completed
Greater Sudbury, ON 5118 Old Highway 69 North
Skyline Retail REIT completed the development of a new RBC branch in 2020 at its 5118 Old Highway 69 North asset in Sudbury, ON. The development adds an additional 5,600 square feet of retail space to the property, which is also home to a Shoppers Drug Mart and McDonald’s. View Property
Hanover2
Hanover, ON
Q4-2022
Hanover, ON 893-895 10th Street
Skyline Retail REIT is developing an additional retail pad at its 10th Street asset in Hanover, ON. The new pad will house barBURRITO, Tokyo Smoke, and Popeyes. This development will add approximately 5,000 square feet of additional retail space to the property. The property is also home to a Shoppers Drug Mart and LCBO. View Property
Developments-Sooke-scaled_1
Sooke, BC
Completed
Sooke, BC 6660 Sooke Road
Skyline Retail REIT has completed construction of a 6,000 square foot retail space at its Sooke, BC asset. The additional retail units are now occupied by Tim Hortons, H&R Block, and other retailers. Other major tenants on the property include Shoppers Drug Mart, A&W, BC Liquor Store, and Bosley’s by Pet Valu. View Property
Chatham-1
Chatham, ON
Q4-2022
Chatham, ON 515-653 Grand Avenue West
Skyline Retail REIT is developing new retail units at 515-653 Grand Avenue West, Chatham, ON. The new retail units will bring nearly 6,400 square feet of additional retail space and four quality tenants: Starbucks, BarBurrito, Firehouse Subs, and Mobile Klinik. Other tenants at the property include Giant Tiger, Canadian Tire, Dollarama, Pet Valu, and Scotiabank. The development is expected to be complete by the end of 2022. View Property
longueuil
Longueuil, QC
Completed
Longueuil, QC 2235-2261 boulevard Roland-Therrien
At its Longueuil, QC, asset, at 2235-2261 boulevard Roland-Therrien, Skyline Retail REIT has developed a new 12,500 square-foot pad which is home to an SAQ liquor store and Premiere Moisson artisanal bakery. These new tenants will join other strong retailers currently occupying the site such as Bulk Barn, Chico, Subway, Boustan, and Scotiabank. View Property
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Sault Ste. Marie, ON
Q1,2023
Sault Ste. Marie, ON 150 Churchill Blvd.
Skyline Retail REIT is developing an additional retail pad at 150 Churchill Boulevard in Sault Ste. Marie, ON. Construction of a new A&W has commenced and is slated for completion by the end of Q1 2023. This development will add approximately 2,100 square feet of additional retail space to the property. The property’s tenants include Metro, Dollarama, and Pharmasave, among others. View Property
St.Remi National Bank Rendering
Saint-Remi, QC
Q1 2023
Saint-Remi, QC 750-810 Saint-Paul St.
Skyline Retail REIT is developing an additional retail pad at 150 Churchill Boulevard in Sault Ste. Marie, ON. Construction of a new A&W has commenced and is slated for completion by the end of Q1 2023. This development will add approximately 2,100 square feet of additional retail space to the property. The property’s tenants include Metro, Dollarama, and Pharmasave, among others. View Property