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Loblaw expands in Metro region

Loblaw Companies Ltd. is quietly ramping-up investment in the Lower Mainland, making over its existing holdings and adding new stores.
Loblaw Companies Ltd. is quietly ramping-up investment in the Lower Mainland, making over its existing holdings and adding new stores.

The latest project is a joint venture with Anthem Properties Group that will see a 40,000-square-foot grocery store anchoring a $100 million development at 17th and Lonsdale in North Vancouver, now home to an Extra Foods store. Christened "Local on Lonsdale," the proposed project includes 175 residential units.

The project joins other investments in B.C., including redevelopment of the former Office Depot site in the 300-block of West Broadway for a No Frills location, as well as the opening of the Joe Fresh clothing store on Granville Street a few doors down from Holt Renfrew, a sister company to Loblaw through the Weston clan, which controls both.


from Western Investor, January 2011