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Developer buys Pearson Plaza Mall, has several projects on the go

Several properties including the Pearson Plaza Mall have been purchased by a southern Ontario developer in Elliot Lake.

Ray Khanna, who runs a company called Kingston, says he has bought the Pearson Plaza Mall, which will maintain its tenants, and see the addition of an A&W restaurant and possibly another business in the same location.

He says he also owns the former grocery store in the lower plaza and is looking at converting it into apartments and housing up to 16 businesses.

He has also purchased 19 lots to build homes in the city and is hoping to be the successful bidder for the former civic centre property to build a hotel on the site.

Rosalind Russell
Rosalind Russellhttp://myespanolanow.com
Rosalind is Vista Radio's CJJM 99.3 FM - CJJM - Espanola's long-time Morning Announcer and Regional News Anchor/Journalist covering the districts of Sudbury, Algoma and Manitoulin. With a career in multi-media spanning the last 45 years, she has expertise in radio, television, newspaper and magazine writing. A long-time volunteer, she is the Inaugural 2025 Senior of the Year Award representing the Town of Espanola and represented women empowerment as the national 2024 Ms. Elite Regional Canada titleholder. A mother of five, and grandmother of two says simply, "I am the Queen of my Universe, and my children/grandchildren are my Crowning Jewels." Volunteering, pageants, reading and writing are her passions. If you have a story to share, email Roz at: [email protected] or call 1705-869-NEWS (6397).

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