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Toronto developer weighs in on Pearson Plaza project

A Toronto developer isn’t surprised that the Pearson Plaza project in Elliot Lake has been downsized.  Rob Racko says the project got off on the wrong foot right from the start.  He says there’s a logical order to follow when building plazas or malls.  Racko says the first step before spending any money is talking to the tenants to determine their needs.  Racko says he doesn’t understand the rationale for building at the proposed site.  He says the site has cost the city, province and federal governments millions of dollars and that’s ridiculous.  Racko says a better location was the former Algo Centre Mall site which could have included a memorial following the roof-top collapse.   Racko says this site would have saved a lot of money and adds if the three levels of government wanted to spend money, they could have contributed to a memorial at the site.  Racko is the developer who put the No Frills in Elliot Lake about 10 years ago.

Pearson Plaza-2

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