Advertisement

Current population not sufficient to support downtown grocery store: report

Most grocers indicated they had no desire to open a store in downtown Saskatoon because the current population is not sufficient to support one. File / Global News

Saskatoon’s downtown core does not have the population density needed to sustain a grocery store, according to a new report.

Earlier this year, city council requested the Saskatoon Regional Economic Development Authority (SREDA) find out what conditions are needed to attract a grocery store to the area.

READ MORE: Urban farming business finds success in Saskatoon

For news impacting Canada and around the world, sign up for breaking news alerts delivered directly to you when they happen.

Get breaking National news

For news impacting Canada and around the world, sign up for breaking news alerts delivered directly to you when they happen.
By providing your email address, you have read and agree to Global News' Terms and Conditions and Privacy Policy.

Most grocers who participated indicated they had no desire because the current population is not sufficient enough to support a store.

The report also stated the key challenges are the cost of land, rent, construction and establishing a site in an appropriate location with the desired building and adequate parking.

“The companies we spoke to want that urban lifestyle and people who will stop by a couple times a week. They’re definitely looking for the type of shopper in addition to the amount of shoppers,” SREDA president and CEO Alex Fallon said on Wednesday.

Story continues below advertisement

READ MORE: These 5 tips can help you save money on groceries

Given the findings of the report, administration will be recommending to city council that efforts be taken to increase the number of people living downtown to entice prospective grocers.

Sponsored content

AdChoices