Big box deal reached.

• Position: Brief Article

Downtown merchants and mall operators have reached peace with Wal-Mart just prior to an Ontario Municipal Board hearing in Sault Ste. Marie. First Professional Shopping Centres reached an agreement with The Downtown Association and Algoma Central Properties, owners of the Station Mall. It paves the way for Wal-Mart to begin construction of a power shopping centre in the city's north end. As part of the settlement, Wal-Mart cannot open its doors before January 2003, cannot expand the store beyond its 9,894-square metres and cannot...