1539 Avenue Road (Pusateri’s)

Pusateri’s Fine Foods Update

A Press Release  was issued by First Capital Realty Inc. on August 4, 2016 announcing that they have purchased properties at the corner of Avenue Road and Lawrence.  The sales agreement to First Capital was for $63.2 million and includes the Avenue Road Car Wash, the Carlson Wagonlit building and adjacent apartment building.  The understanding was that Pusteri’s would reopen in the Fall and would remain on the site as part of the deal.  Information has not been provided as yet as to First Capital’s intentions for redevelopment of the additional properties.

The link below provides information on the redevelopment at Pusateri’s and the design concepts for the renovation.  The store now features over 15,000 square feet of redesigned retail and food service space.  New features in-store are to include LaCucina, a demonstration area and rotisserie carving station; Greenhouse Juices; Pusateri’s Café, where guests can enjoy specially-made coffee blends and baked goods, as well as for the first time ever a full service restaurant on the premises.

http://www.retail-insider.com/retail-insider/2016/6/pusateris

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