Calgary's East Village to get a Loblaws grocery store

East Village residentsare going to get alocal grocery store, but they will have to wait a couple of years before it opens.

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Two East Village developers are teaming up to build a new residential project that will include a major food store.

Grocery chainLoblaws, which also owns Real CanadianSuperstore, has been confirmed as the first commercial tenant of a new residential-commercial development.

The grocery store will be part of a planned development at Sixth Avenue and Third Street S.E. that will also eventually include two condo towers and other retailers.

The project is a joint venture by RioCan Investment Trust and Embassy BOSA.

The companies are investing $300 millionin the complex, which also includes 500 condominium units divided between two residential towers.

The companies saythey expect to receive adevelopment permit in spring of 2015 and hope to begin construction nextsummer.