New SQDC marijuana dispensary set to open in Pincourt
By John Jantak
PHOTO COURTESY FACEBOOK/GROUPE QUINT
A computer rendering of the soon-to-be open SQDC outlet in Pincourt’s Faubourg de l’Île.
Following years of increases in vacant storefronts in the once bustling Faubourg de l’Île in Pincourt, work is currently underway to complete a new retail marijuana dispensary that will be located at the mall and operated by the Société québécoise du cannabis (SQDC).
“We’re happy to have them,” Ian Quint, President of Groupe Quint which operates Le Faubourg and several other malls told The Journal during a telephone interview. “They’re a tenant of ours in several locations and we’re happy to have done a new deal with them.”
The mall has gone through significant changes over the last two decades and its sale to Groupe Quint in 2016 was hoped to reverse its dwindling occupancy rate. When the anchoring Maxi grocery store was originally part of the complex, virtually every store was occupied. However, as neighbouring Vaudreuil-Dorion continued its rapid growth of young families buying off-island homes, many store-owners opted to move to the newly built Smart Centre shopping outlet on Boulevard de la Gare.
THE JOURNAL FILE PHOTO/JOHN JANTAK
The signs promising that Cinema Guzzo would be moving into the Faubourg de l’Île were finally removed in 2018 after negotiations broke down.
Starts and stops
The Faubourg had a number of potential new leases on life – the Hart discount department store came back after vacating for a short period and the mall owners installed a large indoor play structure for young children in 2018, complete with slides and a colourful ball-room.
Though the Cinema Guzzo chain was engaged in extended discussions to install a theatre on the premises, that deal fell through in 2018 with Vincenzo Guzzo, CEO and President of Cinema Guzzo, telling The Journal, “We did not come to a financially agreeable understanding with the mall.” Guzzo then asked that the banners hanging outside the mall advertising the coming theatre be taken down.
A major commercial coup was realized when American retail giant Walmart moved into the space formerly occupied by Zellers in 2014. The outlet shuttered its doors for good in June, 2019 after a corporate restructuring.
The SQCD will likely have a steady customer stream. In the third quarter of 2020 alone, the SQDC reported earnings of $120.2 million, largely due to doubling its commercial outlets in Quebec.
Pincourt Mayor Yvan Cardinal declined to comment on the issue. The SQDC outlet is expected to begin operating within the next two weeks.