Cadillac Fairview announced that the former Nordstrom space at CF Toronto Eaton Centre in downtown Toronto has been fully leased, after Nordstrom exited the space (and the country) last year. Nike will open a flagship in part of the former Nordstrom space, joining La Maison Simons which was also announced as a tenant this morning, and Eataly which Retail Insider announced last week.
The CF Toronto Eaton Centre Nike store will span 18,000 square feet over two floors, and will be located along a new interior corridor that will be created on the main level of the 213,000 square foot former Nordstrom store. Across the hall, Eataly and La Maison Simons will both have a presence with entrances.
Nike will have some space on the second floor of the former Nordstrom, along with Eataly and Simons which according to Simons CEO Bernard Leblanc, will have a small presence on that level (Simons will occupy much of the 90,000 square foot third floor of the former Nordstrom store).
The flagship Nike store will replace a smaller location at CF Toronto Eaton Centre that opened several years ago on Level 1, which spans 5,370 square feet. Israel-based Fox Group, under its ‘Retailors’ division, is the licensee for Nike in Canada. Retail Insider announced in February of this year that Nike will also be opening a 17,000 two-level storefront at 1 Bloor Street East in downtown Toronto next year.
As reported last week, Eataly’s location at CF Toronto Eaton Centre will open next year, and will occupy part of the former Nordstrom space in the mall. According to renderings, Eataly will have a presence at street level facing Yonge Street, as well as on the second level of the former Nordstrom. Eataly has not yet released details on the size of its CF Toronto Eaton Centre location though on Thursday morning, sources were saying it will be about 25,000 square feet — somewhat smaller than the 55,000 location at the Manulife Centre that opened in November of 2019.
“At Cadillac Fairview, nothing is more important than creating a world-class shopping experience for our guests and we’re thrilled to welcome these exciting clients to our flagship shopping centre in the heart of downtown Toronto,” said Sal Iacono, CEO at Cadillac Fairview in a statement.
“Much like fashion trends, our shopping centre is constantly evolving to suit the needs of our shoppers and we’re proud to redefine the retail landscape in downtown Toronto with these exciting additions,” said Sheila Jennings, General Manager, CF Toronto Eaton Centre in a statement.
Cadillac Fairview has invested more than $1.6 billion into CF Toronto Eaton Centre since 2010, including acquiring the massive Hudson’s Bay building and adjacent 401 Bay St. office tower in 2014 for $650 million. That paved the way for Saks Fifth Avenue to open within the Hudson’s Bay building in early 2016.
Other notable investments by Cadillac Fairview in CF Toronto Eaton Centre included the redevelopment of 290 Yonge Street, and the revitalization of the centre’s galleria skylight roof. The south section of the roof was completed in the spring of 2023 and was updated with the latest materials and technologies to improve its long-term energy efficiency and sustainability. The second phase of the project includes roof enhancements above the North Court as well as improvements to elevators and the addition of three new staircases, expected to be completed in late 2024.
Cadillac Fairview recently unveiled its Queen’s Cross Food Hall, a chef-driven culinary concept by Oliver & Bonacini. Located at the south end of the mall’s lower level, the 19,000 square foot space features 13 unique food stalls, two rotating pop-up stalls (Craig’s Cookies is currently one of them), a stylish bar and café, and seating for about 300 guests.
BMO bank will open a 21,000 square foot branch to the north of Simons in a retail space formerly occupied by a Samsung store — it will be part of BMO Place at 33 Dundas Street which features offices for the bank.
CF Toronto Eaton Centre ranked as the second-most productive shopping centre in terms of sales per square foot by ICSC’s 2023 Canadian mall study, which was reported recently in Retail Insider. The busy downtown Toronto shopping centre, with more than 50 million annual visitors, saw sales per square foot of $1,457 in 2023, being second only to Toronto’s Yorkdale Shopping Centre.
Very happy to see Simons open at these two locations I kept saying to my partner this is who should take over these empty shells and here we are, great news! By the way is pronounced SIMons like the video game the SIM’s or like the persons name Simon like PSYmons? Hotly debated topic in our house lol
Simon’s is owned by an English family from Quebec City. Correct pronunciation is SImons not SIMons.
Even francophones pronounce it this way.
No debate required.