Closure of the Victoria Public Market

In a surprising turn of events, the Victoria Public Market, a cherished local hub situated in the historic Hudson building at Douglas and Fisgard streets, will be shutting its doors after more than ten years of operation. Townline, the owner of the property, announced that the vibrant indoor market will be replaced by a 'full-service, urban-format Canadian grocery store' scheduled to open in early 2026.

Impact on Vendors

As part of this transition, current market vendors have been given a grace period of up to six months to vacate the premises. Townline expressed its initial enthusiasm when the Public Market was launched 12 years ago, stating, 'We were excited to welcome residents, neighbors, and tourists to what would become a special place for many.' However, the impact of the COVID-19 pandemic has taken a significant toll, leaving over half of the vendor spaces vacant—11 out of 18 are currently empty, with only seven actively occupied.

Statements from Townline

'Given these realities – and after careful deliberation – we have decided to repurpose the space,' stated a spokesperson from Townline. Although the name of the new grocery store has yet to be disclosed, further details will be released in the future, promising to cater to the community's needs.

Context of the Closure

This closure is not an isolated incident. Earlier this year, the Coho Commissary, a shared commercial kitchen space within the Public Market, abruptly ceased operations, leaving businesses such as Cafe Malabar in search of new homes. Notably, Cafe Malabar, recognized as one of Air Canada’s top 10 new restaurants in Canada for 2024, has since settled into a new location at the former Tug Eatery alongside Victoria’s picturesque Inner Harbour.

Challenges for Local Businesses

The shake-up in the Public Market also comes amid turbulent times for other local businesses. The Hudson’s Bay location at the Bay Centre in downtown Victoria is grappling with its own uncertainties, offering discounts as the Hudson’s Bay Company has filed for creditor protection. A judge is currently reviewing a plan that may lead to the liquidation of some store locations.

Community Response and Future Outlook

As the community braces for the changes at the Victoria Public Market, residents, vendors, and business owners are left wondering what the future holds for their beloved gathering place and local economic landscape. Will the new grocery store revive the area, or is it further indication of the challenges facing small businesses in the wake of the pandemic? Only time will tell.