feb-2018c

48 49 sion will give us about 15,000 square feet of retail space, plus another 5,000 for a larger hardware store,”he says.“It’s going to have a boutique cinema, a large conference room–both about 4,000 square feet–24,000 square feet of office space, and the availability of nearly 200 more parking spaces.” “We have quite a few people knocking on our doors to get their brands into our very active loca- tion,” Eastmond adds. “We have to crunch the num- bers and determine the temperature of the eco- nomic environment, making sure that the demand is there and that we can turn inquiries into true tenants. But, it is in the pipeline. It will depend on the financial situation at a point in time.” Meanwhile, in addition to Williams’ plan to court restaurants, in addition to government and commercial offices. Massy Stores & Pharmacy opened a new outlet in 2014. The Massy store occupies 33,000 square feet – including 20,000 square feet of retail space – in a completely refurbished and re-designed space that is also home to smaller retail outlets in front of the entry to the super- market. “Massy has in- vested a lot of money in terms of the aesthetics and the product offering and the whole ambience of the supermarket,” Eastmond says. “It’s a state-of-the-art, well laid-out supermarket. The mall extension cost us about $4 million and I’m sure it cost the supermarket well over $7 million dollars in new equipment, new electrics, and new air conditioning.” Eastmond says that the supermarket accounts for 2,000 to 2,500 transactions per day; 3,500 to 4,500 people a day eat at one of Sky Mall’s six restaurants; and its Scotia Bank location is the busiest one in the entire Caribbean. The growing success of Sky Mall has triggered plans for expansion. “An expan- SKY MALL