Roundhouse Centre
Terracap purchased the Roundhouse Centre in Windsor, Ontario in 2001 and invested in excess of $1.5M into new façade improvements. With Windsor’s history of economic stability, a low Canadian dollar, and the centre’s poor performance under Ivanhoe Cambridge, Terracap seized the opportunity to purchase the property, discontinuing weak leases, developing additional retail pads and remerchandising the centre. Terracap modernized the centre with a re-façade program, dramatically improving the re-tenanting program and resulting in occupation of almost 100% of the in-line and office space. Key tenants include large retail chains such as Toys R Us, Shoppers Drugmart, HSBC, Meridian Credit Union, MacDonalds, LCBO, Pet Value, and a new 16,000 sf Lee Valley.. The centre boasts a prime Windsor location, across from the Devonshire Mall and next to the main east/west expressway. Currently at an 84% occupancy rate, Terracap is working to fill the centre to capacity. Tenats: LCBO, Toys R Us, Shoppers Drug Mart, Lee Valley.
Sustainability
Terracap is embarking on a program to ensure that all our properties implement initiatives that adhere to principles of environmental sustainability where practical and these initiatives are representative of ongoing efforts to implement a comprehensive program. The Brooks Landing Centre has undergone a complete interior lighting retrofit to boost energy efficiency and is adding photo sensors and LED lighting upgrades to exterior areas. The Centre also features an EV charging station and convenient access to public transit and the Departure Bay Ferry Terminal. Recycling bins are available for bottles, cans, and cardboard. For more information about the Terragreen program visit this page...
