Kitchener car dealership to become Asian supermarket
Competition could soon heat up among Kitchener's Asian grocers.
A Toronto investor group plans to turn a 35,000-square-foot former Mitsubishi dealership in Kitchener's King Street East and Ottawa Street North area into an Asian supermarket.
John Cheng, a broker of record at Solid State Realty in Waterloo, said the investors believe Waterloo Region is an underserved market when it comes to Asian grocery stores.
"We only have two small ones and we needed something more modern, a new concept Asian market to service the community," he said, noting the two other Asian grocery stores in Kitchener are Ben Thanh at 450 King Street East and New City Supermarket at 236 King Street East.
"It's pretty much a monopoly," Cheng said.
Cheng said the new store will be aimed at mid-level shoppers, who would normally shop at Sobey's or Zehr's.
The new store will be also modelled after the Toronto-based T&T chain of Asian supermarkets and will offer an in-store bakery and a food court where shoppers can buy ready-made Asian barbecue and sushi, Cheng said.
Cheng also noted that the deal has yet to close, but if all goes well he said shoppers could be wandering the aisles as early as this fall.