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, ON
Elmira, ON 315 Arthur Street South
Skyline Retail REIT is developing additional retail units at its Elmira, Ontario asset that will be occupied by Rexall and Pet Valu. This project will add approximately 13,200 square feet of retail space to the property. The plaza is fully leased with tenants such as Foodland, Dollarama, Harveys, and Swiss Chalet. View Property
155 & 255 Edward Street and 351-431 Talisman Drive-28
Gravenhurst, ON
Gravenhurst, ON 155 & 225 Edward Street and 351-431 Talisman Drive
Skyline Retail REIT is redeveloping vacant land at its Gravenhurst, Ontario asset for additional retail units, including a 1,861 square-foot A&W quick service restaurant. The development project also involves a partnership with Skyline Apartment REIT, building approximately 200 apartment units on-site, and a third-party development of a hotel. Tenants currently operating on-site include Sobeys, LCBO, Dollarama, Canadian Tire, Pet Valu, Quesada, and Subway. View Property
Developments - Sudbury
Greater Sudbury, ON
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. The development added 5,600 square feet of retail space to the property which is also home to a Shoppers Drug Mart and McDonald’s. View Property
Hanover, ON
Hanover, ON 893-895 10th Street
At one of its Hanover, Ontario assets that houses a Shoppers Drug Mart and LCBO, Skyline Retail REIT is developing an additional retail pad that will include BarBurrito, Tokyo Smoke, and Popeyes. This development will add approximately 5,000 square feet of retail space to the property. View Property
Sooke, BC
Sooke, BC 6660 Sooke Road
In 2020, Skyline Retail REIT completed the development of 6,000 square feet of additional retail space at its Sooke, British Columbia asset. These additional retail units are occupied by Tim Hortons, H&R Block, and additional retailers. Other major tenants at the property include Shoppers Drug Mart, A&W, BC Liquor Store, and Bosley’s by Pet Valu. View Property
Chatham, ON
Chatham, ON 515-653 Grand Avenue West
In Chatham, Ontario, Skyline Retail REIT is developing new retail units at 515-653 Grand Avenue West. The new retail units of approximately 6,400 square feet will include Starbucks, BarBurrito, Firehouse Subs, and Mobile Klinik. Other retailers operating on-site include Giant Tiger, Canadian Tire, Dollarama, Pet Valu, and Scotiabank. View Property
Developments - Longueuil
Longueuil, QC
Longueuil, QC 2235-2261 boulevard Roland-Therrien
At its Longueuil, Quebec asset, Skyline Retail REIT is developing a new 12,000 square-foot pad that will be home to an SAQ liquor store and Premiere Moisson artisanal bakery. These new tenants will accompany other strong retailers at the site such as Bulk Barn, Subway, and Scotiabank. View Property