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Equinox to Open Third Toronto Location at West House

Under Construction: West House at 88 Bathurst Street in Toronto, housing a new Equinox fitness centre. Photo: Dustin Fuhs

Hines, the global real estate investment firm, has signed a 38,000-square-foot lease with Equinox at West House, an under-construction rental development in Toronto’s King West district. The new Equinox fitness club, set to open later this year, will be the brand’s third Toronto location, joining its popular clubs in the Financial District and Yorkville.

Pre-leasing for West House’s suites will begin in March 2025, with the property slated for completion in spring 2025.

A Strategic Move for Equinox in Toronto

The addition of Equinox to West House reflects the fitness brand’s strategic growth in Toronto, where it has established itself as a leader in luxury wellness. King West’s vibrant mix of residential, commercial, and cultural spaces makes it an ideal location for the brand’s next venture.

Jeff Weinhaus, Chief Development Officer at Equinox, highlighted the alignment between Equinox and King West: “The opening of a third Equinox club in Toronto highlights the strong demand for high-performance luxury experiences within our Canadian community. We’re excited to partner with Hines to expand our portfolio at this exceptional location.”

The King West neighbourhood, known for its live-work-play appeal, offers a great environment for Equinox’s upscale fitness and lifestyle concept.

CBRE’s Urban Retail Team negotiated the Equinox lease on behalf of the landlord. Chris Wanzel of Urban Reform Realty represented Equinox in the deal.

West House at 88 Bathurst Street, south of King St., in Toronto. Equinox will occupy parts of three floors in the podium. Rendering: Hines

State-of-the-Art Fitness Facility

The new Equinox gym at West House will feature a state-of-the-art facility designed to elevate the luxury fitness experience. The club will include four dedicated studios: a Main Studio, Yoga and Barre Studio, Cycling Studio, and Pilates Studio, catering to a variety of fitness disciplines. Members can enjoy premium locker rooms equipped with contrast therapy amenities, including a steam room, dry sauna, and cold-water shower.

Additional highlights include a spa with three treatment rooms, a café and retail shop, and a spacious members’ lounge located on the ground floor. Designed by acclaimed local design studio Nivek Remas, the club will reflect a sophisticated and modern aesthetic, perfectly aligning with Equinox’s high-performance wellness ethos.

Equinox’s Canadian Expansion Timeline

Equinox began its Canadian journey in November of 2012, with the opening of its first location in Toronto’s Financial District at Commerce Court West on Bay Street. This marked the luxury fitness brand’s initial foray into Canada, bringing its signature blend of high-performance fitness and wellness to downtown professionals. 

Building on this success, Equinox expanded into Toronto’s upscale Yorkville neighbourhood, unveiling its second Canadian club at Yorkville Village 55 Avenue Road in March 2016. Later that year, Equinox extended its footprint across the country with the launch of its first Vancouver location at 1131 West Georgia Street (formerly the Trump Tower), opening its doors in November 2016. 

West House: Setting a New Standard for Upscale Rental Living

West House, located at 88 Bathurst Street, has been designed by internationally acclaimed Danish architecture firm 3XN. The development includes 307 upscale rental suites ranging from studios to three-bedroom units and penthouses.

Syl Apps, Senior Managing Director and Head of U.S. Midwest and Canada at Hines, emphasized the project’s commitment to providing an elevated living experience: “West House will meet the demand for best-in-class rental housing in Toronto by delivering an exceptional experience for our residents. With Equinox recognized globally as a leader in fitness and lifestyle enhancement, their partnership brings an unmatched amenity to our residents.”

The building will feature a range of premium amenities, including:

  • A rooftop retreat with 360-degree city and lake views.
  • A 25,000-square-foot club floor with a resort-inspired fitness centre, outdoor exercise areas, and a high-resolution sports simulator.
  • Co-working spaces equipped with meeting rooms and focus zones.
  • Lifestyle services such as pet concierge, private chefs, wellness coaching, and home/car cleaning services.
  • An interior design collaboration with CB2 to offer sophisticated living spaces.

A Focus on Sustainability and Community

Hines has incorporated sustainability as a core element of West House. The property will feature energy-efficient windows, electric vehicle (EV) charging stations, and reserved bike storage, aligning with Toronto’s push for greener urban developments.

The building also includes 38,000 square feet of additional retail and commercial space, designed to complement the neighbourhood’s dynamic urban fabric.

Exclusive Access for Residents at Equinox

Residents at West House will enjoy exclusive privileges and programming at the new Equinox club, elevating their living experience. Equinox’s holistic approach to wellness includes signature fitness classes, personal coaching, spa services, and curated lifestyle offerings, making it a sought-after amenity for high-performance living.

Pre-Leasing for West House to Begin in March 2025

Hines will begin pre-leasing units at West House in March 2025, ahead of the development’s spring opening. With its luxurious offerings and the highly anticipated Equinox fitness club, the project is expected to generate significant interest among renters looking for best-in-class accommodations.

About Hines

Hines is a leading global real estate investment manager, with $93 billion in assets under management as of mid-2024. The company has a presence in 31 countries and continues to shape urban environments through innovative developments.

About Equinox

Founded in 1991, Equinox is a global leader in luxury fitness and lifestyle. The brand operates over 100 locations in major cities worldwide, offering high-performance fitness services in bespoke luxury environments.

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Red Lobster announces launch of Happy Hour

Red Lobster announces launch of Happy Hour featuring $6 Drink Specials and $2 Off Select Starters!

Red Lobster has launched its own version of Happy Hour.

In a news release, the restaurant chain said Happy Hour is available every Monday through Friday from 3 pm to 6 pm local time at participating restaurants nationwide, adding that guests can visit their nearest location to enjoy $6 Drink Specials and $2 Off Select Starters.

Nichole Robillard
Nichole Robillard

“With the launch of Red Lobster’s new happy hour, guests can enjoy great deals on our signature appetizers and refreshing drinks every weekday,” said Nichole Robillard, Chief Marketing Officer at Red Lobster. “It’s the perfect way to spend time with friends and family or just treat yourself to some well-deserved fun!”

Red Lobster is the world’s largest and most-loved seafood restaurant company, headquartered in Orlando, Fla.

During Happy Hour, Red Lobster said guests can choose from a variety of cocktails, beer, and wine to sip on for $6; selections include:

  • Shrimp Caesar®
  • Classic Margarita
  • Triple Berry or Tropical White Sangria
  • 6oz Jackson-Triggs Cabernet Sauvignon or Pinot Grigio
  • 12oz Alexander Keiths IPA Draft
  • 12oz Coors Light Draft

$2 off select starters, including:

  • Calamari
  • Escargot
  • Garlic Shrimp Flatbread
  • Seafood-Stuffed Mushrooms
  • Island Jumbo Coconut Shrimp
  • Mozzarella Cheesesticks

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Martin Moriarty on Downtown Vancouver Retail Trends

Cartier store at 755 Burrard Street in downtown Vancouver. Photo: Lee Rivett

Vancouver’s retail leasing market continues to thrive in 2025, driven by both local and international interest in the city’s prime shopping districts. Martin Moriarty, Senior Vice President at Marcus & Millichap Canada, highlights the growing demand for retail space across downtown Vancouver, pointing to key developments in areas like Robson Street, Alberni Street, Gastown, and CF Pacific Centre. 

With new brands entering the market and existing retailers expanding their footprints, the retail leasing landscape is seeing significant changes that promise to reshape the city’s commercial core. From high-end luxury brands on Alberni Street to the resurgence of historic Gastown, Vancouver is proving to be a dynamic and resilient market for retailers in 2025.

Martin Moriarty. Photo: LinkedIn

Robson Street: A Hotspot for International Brands

Robson Street, Vancouver’s premier shopping destination, remains a key focus for both local and international retailers. As Vancouver continues to be a gateway for global brands, the demand for prime retail space on Robson is stronger than ever.

“There’s a lot of exciting stuff happening on Robson. If you’ve got properties to lease here, they’re in high demand,” says Martin Moriarty. Moriarty notes that his company recently received 10 offers for a 1,000-square-foot space on the 1100 block of Robson Street, a testament to the area’s continued vitality.

In addition to its high-profile tenants, Robson Street is attracting more international brands looking to expand their presence in Canada. “The international sentiment is strong, and Vancouver is seen as a prime market,” Moriarty adds. This is reflected in the influx of brands like Adidas, which has opened a massive new store, and JD Sports, moving into the 1000 Block of Robson Street. Homegrown Roots also relocated and is expanding into a space formerly occupied by Peloton, while Arc’teryx is taking the former Roots space at Robson and Burrard Streets. 

Despite global geopolitical uncertainty, including concerns over U.S. tariffs and Canada’s immigration policies, the retail leasing market in Vancouver remains resilient. “Vancouver continues to attract major brands due to its strong fundamentals and its position as a retail hub in North America,” Moriarty says.

Robson Street in downtown Vancouver. Photo: Lee Rivett

Check out the latest Yaletown views in downtown Vancouver at the SideSignal Collective.

Alberni Street: Vancouver’s Luxury Row

Alberni Street, situated at the western edge of downtown, has for over a decade been known as Vancouver’s luxury retail hub. The area’s appeal has only grown in recent years, with a steady stream of high-end brands seeking prime locations along this prestigious stretch. In 2025, the luxury zone continues to evolve, with notable additions to the area.

“Alberni Street is stabilizing well,” Moriarty observes. “Traffic remains strong, and the street is home to some of the world’s most sought-after luxury brands. It’s a small area, so the demand for space is high.” The demand for premium retail locations is evident as more luxury retailers look to secure spots on this exclusive street.

The transformation of the 1100 block of Alberni Street is particularly noteworthy. In this area, several new dining and retail concepts are making their mark. “Comal, a fantastic Mexican restaurant, is opening here, along with Paris Baguette. These new additions will complement the luxury offerings and create a more vibrant, high-end retail environment,” Moriarty explains. This growing mix of dining and luxury retail is contributing to Alberni Street’s continued appeal as a shopping destination for affluent locals and tourists alike.

Further solidifying the area’s luxury reputation, Moriarty hints at a luxury brand that is preparing to take over part of a notable vacant retail space. “There’s some exciting news in store for Alberni Street,” he teases, underscoring the importance of this stretch as a destination for high-end shopping.

Luxury brands on Alberni Street in downtown Vancouver. Photo: Lee Rivett

CF Pacific Centre: A New Chapter for Vancouver’s Retail Landscape

While Alberni Street attracts the highest-end luxury brands, CF Pacific Centre, located just a few blocks away, is also seeing exciting retail activity in 2025. The mall continues to be a central retail hub in downtown Vancouver, with new openings and developments that promise to reshape the shopping experience in the area.

One of the standout announcements for CF Pacific Centre is the addition of Max & Co and Marella, two first-to-Canada brands. These stores will add significant cachet to the already established retail mix, offering Vancouver shoppers access to exclusive high-end brands. “This is an exciting moment for Pacific Centre. Max & Co and Marella are the first stores in Canada for these brands, and their presence will elevate the shopping experience here,” Moriarty explains. The new stores are part of a broader trend of upscale international brands making their mark in Vancouver, signaling the city’s growing status as a global retail destination.

The addition of these new tenants is just the beginning. The centre is also seeing strong interest from other retailers looking to enter the Vancouver market. The demand for retail space at CF Pacific Centre is higher than ever, with landlords strategically securing the right tenants to complement the mall’s evolving retail mix. “We’ve seen excellent leasing activity in the last year, and there’s still strong interest in prime spaces in the mall,” Moriarty adds.

CF Pacific Centre’s strategic location, along with its high-profile retailers and upcoming openings, makes it one of the most sought-after shopping destinations in Vancouver. The mall’s redevelopment and modernization efforts are ensuring it remains a key player in the city’s retail landscape. That includes new tenants for the mall’s former Nordstrom space, and the demolition and rebuild of a tower that once housed the Four Seasons Hotel. 

New Adidas flagship on Robson Street at Burrard in downtown Vancouver. Photo: Lee Rivett

Gastown: A Resurgence in Vancouver’s Historic District

Gastown, Vancouver’s historic district, is experiencing a much-needed resurgence. The area, known for its cobblestone streets and historic buildings, was one of the neighbourhoods hardest hit by the pandemic. However, in 2025, it is showing strong signs of recovery, with increasing sales and decreasing vacancy rates.

“Gastown was hit hard by COVID, but we’re seeing positive signs of recovery,” Moriarty notes. “Sales are improving, and there’s definitely less vacancy now than in previous years. The area’s charm, combined with its growing appeal as a destination for both locals and tourists, is helping to bring it back.”

The unique architecture of Gastown, with its heritage buildings and cobblestone streets, adds a distinctive charm that cannot be replicated in other parts of the city. This has proven to be an asset in the area’s revitalization. “Landlords in Gastown are being very selective about who they bring in,” Moriarty says. “They want tenants that fit the aesthetic of the neighborhood and can add to its unique vibe. It’s about creating a high-quality mix that reflects the area’s character.”

Cruise ship traffic, which brings thousands of tourists to Vancouver each year, also plays a significant role in Gastown’s recovery. The influx of visitors is helping to boost sales for retailers in the area, especially in the summer months. “The cruise traffic is strong, and that helps drive foot traffic,” Moriarty adds.

As the neighborhood continues to recover, there is hope that Gastown will fully regain its former glory, attracting even more visitors and retailers to the area. “The future of Gastown is bright,” Moriarty says. “It may take time, but it’s heading in the right direction.”

The Rec Room on Granville Street in downtown Vancouver. Photo: Lee Rivett

Granville Street: Resilient Despite Challenges

Granville Street, once Vancouver’s premier retail thoroughfare, has seen its share of challenges in recent years. However, new developments and an influx of diverse tenants are helping the street remain relevant in Vancouver’s retail ecosystem.

“Granville Street has had its ups and downs, but there’s definitely new life being breathed into the area,” Moriarty says. The Rec Room, a new entertainment and dining venue, has opened its doors on Granville, signaling the shift towards experiential retail in the area. Additionally, retailers like Winners and Marshalls have made moves in the area, with Winners relocating to the 600 block, and Marshalls taking over a spot previously occupied by Winners on the 800 block. These new tenants are contributing to the revitalization of Granville, offering shoppers a blend of affordable fashion and home goods in a vibrant urban setting.

In addition to these openings, significant changes are on the horizon for Granville Street. The redevelopment of the former Nordstrom building is expected to shift the retail landscape, as new tenants move into this prime space. “The Nordstrom building will bring a fresh dynamic to the area, offering new opportunities for both retailers and shoppers,” Moriarty notes. The transformation of this space, alongside the redevelopment of the Hudson’s Bay flagship store, will further contribute to Granville’s revitalization, creating an even more diverse and appealing shopping destination.

Yaletown: Dining and Experience Over Retail

Yaletown, once known for its boutique retail offerings, has shifted over the years to become a neighborhood centred around dining, entertainment, and fitness. While there is still some retail presence, the area has largely evolved into a destination for food and drink enthusiasts as well as those looking for unique fitness experiences.

“Yaletown has become more about dining and entertainment than traditional retail,” Moriarty explains. “It’s a destination for a meal, a drink, or a workout class. There’s still retail, but it’s more about the experience than the product.”

This shift in focus has proven successful, with Yaletown continuing to attract locals and tourists alike who are looking for a vibrant mix of dining, nightlife, and fitness offerings. The trend toward experiential retail has been a key driver of the neighbourhood’s transformation.

Davie and Denman Streets: Service-Driven and Resilient

Davie and Denman Streets, located in Vancouver’s West End, are two neighbourhoods that have remained largely service-driven. Catering to a variety of essential needs, from groceries and fitness to food and quick-service restaurants (QSRs), these streets have continued to perform well, even as retail trends evolve.

“There’s not much vacancy on Davie or Denman,” Moriarty says. “These areas have a strong focus on services, and that’s what people need. We’re seeing rental pressure upwards in these areas, which shows how strong the demand is.”

The dense residential areas surrounding Davie and Denman Streets have helped ensure a steady stream of foot traffic. “These neighbourhoods have a high percentage of return shoppers, so the demand for service-based businesses is strong,” Moriarty explains.

In 2025, Vancouver’s downtown retail scene is a dynamic mix of luxury, innovation, and recovery. While the challenges of the pandemic are still being felt in some areas, the overall sentiment for leasing remains positive. 

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Saks Food Hall Closes in Toronto, Marking End of the Concept

Saks food hall signage in 2022. Photo: Dustin Fuhs

The Saks Food Hall by Pusateri’s, located beneath the Saks Fifth Avenue store at the Hudson’s Bay building in downtown Toronto, has officially closed its doors. The closure, which comes in the wake of Pusateri’s filing for bankruptcy protection earlier this year, signifies the end of the Saks Food Hall concept in Canada.

The Saks food hall launched in 2016 in Toronto with just two locations, both of which have now ceased operations. The closure of the downtown Toronto location follows the earlier shuttering of the CF Sherway Gardens Saks Food Hall in early 2023, leaving the future of these once-celebrated spaces uncertain.

The Rise and Fall of Saks Food Halls in Canada

The Saks Food Hall concept was introduced to the Canadian market in March 2016 with the opening of an 18,500-square-foot space below the Saks Fifth Avenue store at CF Sherway Gardens in Toronto. This location was the first Saks Food Hall in the world.

Just months later, in November 2016, a second Saks Food Hall debuted below the downtown Toronto Saks Fifth Avenue store at the corner of Yonge and Queen Streets. This location, delayed by construction issues, opened approximately nine months after the main three-level Saks Fifth Avenue store welcomed shoppers in February of the same year.

The downtown food hall spanned an impressive 24,000 square feet, designed by GH+A. It was strategically situated in Toronto’s PATH system, the world’s largest underground shopping network, which links office towers, hotels, and retail spaces through 30 kilometres of walkways. Before the COVID-19 pandemic, the PATH saw daily foot traffic of over 50,000 people, making it an ideal location to cater to commuters, tourists, and downtown residents. However, the pandemic and subsequent changes in consumer behaviour significantly impacted the viability of the downtown food hall.

Saks food hall in downtown Toronto, after reopening due to pandemic closures. Image: Dustin Fuhs

Pandemic Challenges and Bankruptcy Protection

The Saks Food Hall at CF Sherway Gardens closed in early 2023 and has remained vacant since. This left the downtown Toronto location as the last remaining Saks Food Hall in operation. However, in August 2024, Pusateri’s Fine Foods, the operator of the Saks Food Hall concept, filed for bankruptcy protection with significant debts. As part of its restructuring efforts, Pusateri’s consolidated its operations into a single store on Avenue Road near Lawrence Avenue in Toronto. The closure of the downtown Saks Food Hall was a direct result of this consolidation.

The downtown Saks Food Hall faced additional challenges during the pandemic, with prolonged closures and only a partial reopening in 2022. By then, the dynamics of foot traffic in Toronto’s PATH had shifted, further eroding the business’s customer base.

Walls have been put up in the former Saks Food Hall by Pusateri’s in downtown Toronto. Photo: Craig Patterson
Walls have been put up in the former Saks Food Hall by Pusateri’s in downtown Toronto. Photo: Dustin Fuhs

A Luxury Grocery Experience Unlike Any Other

At its peak, the downtown Toronto Saks Food Hall offered an elevated grocery shopping experience, blending luxury and convenience. The space was designed to rival traditional grocery stores, featuring marble flooring, elegant wood finishes, and upscale fixtures. It included a variety of departments catering to diverse tastes:

Departments and Features at the Downtown Saks Food Hall

  • Champagne Bar: This premium bar offered fine wines, local beers, and fresh raw bar selections curated by Pusateri’s corporate chef, Tony Cammalleri. It became a destination for PATH commuters and visitors alike.
  • Sushi Bar: Expert sushi chefs prepared fresh rolls and sashimi for both dine-in and take-away customers.
  • The Chopped Bar: The a-la-carte salad bar featured gourmet greens, cheeses, and meats, along with a make-your-own yogurt parfait counter in the mornings.
  • Rosticceria: Customers enjoyed traditional rotisserie dishes with a luxurious twist, complemented by gourmet street foods and sides.
  • BENE, A Pusateri’s Pizzeria: Facing directly onto the PATH, the Roman-style pizzeria served slices made with high-quality ingredients such as DOP San Marzano tomatoes and Canadian Fior Di Latte cheese.
  • Sorelle and Co.: The shop-in-store specialized in allergen-free foods, including breads and sweets that were gluten-free, soy-free, vegan, and more.
  • Pusateri’s Café: Offering coffee and European-style breakfast pastries, this café was a favourite for PATH users.
  • Daits: A counter selling Saudi Arabian dates in a boutique-like setting.
Walls have been put up in the former Saks Food Hall by Pusateri’s in downtown Toronto. Photo: Craig Patterson

New Competition at CF Toronto Eaton Centre

The closure of the downtown Saks Food Hall comes amidst rising competition at CF Toronto Eaton Centre. In April 2024, the 19,000-square-foot Queen’s Cross food hall opened, offering a curated mix of local and international culinary vendors aimed at attracting downtown shoppers and commuters. 

Adding to the competitive landscape, Eataly is set to open a 25,000-square-foot location in the fall of 2025, occupying a portion of the mall’s former Nordstrom space. Eataly’s expansion into CF Toronto Eaton Centre brings its signature blend of Italian dining, grocery, and culinary experiences to one of Canada’s busiest shopping destinations, creating additional pressure for upscale food concepts in the area.

The Future of the Saks Fifth Avenue Space Downtown

The closure of the downtown Toronto Saks Food Hall raises questions about the future of the 24,000-square-foot space it occupied. Located in the bustling PATH network with access points from the Queen subway station and adjacent buildings, the location holds significant potential for redevelopment.

No announcements have been made regarding plans for the now-vacant space. However, its prime location below the Hudson’s Bay building and direct connection to CF Toronto Eaton Centre make it a valuable asset for future use. On Friday, it appeared there was demolition work being done in the space.

The Remaining Saks Fifth Avenue Stores in Canada

Saks Fifth Avenue continues to operate three locations in Canada, including its flagship downtown Toronto store, the CF Sherway Gardens store, and a 115,000-square-foot store at CF Chinook Centre in Calgary, which opened in February 2018. Unlike the Toronto stores, the Calgary location does not feature a food hall component.

The brand’s future in Canada is uncertain, as stores have been downsized while brands have exited. The formation of Saks Global, including the recent acquisition of Neiman Marcus, further put Saks’ Canadian operations into question. 

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Duty Free Stores Revamped at Edmonton International Airport 

Revamped duty free store at Edmonton International Airport. Photo: ARI

Edmonton International Airport (YEG) has unveiled the newly refurbished Edmonton Duty Free stores, a project spearheaded by Aer Rianta International (ARI). The revitalization of these retail spaces aims to enhance the travel experience, blending local culture with world-class offerings to create a unique and memorable shopping destination for travelers.

The grand unveiling of the refreshed stores took place last week, in the presence of ARI leadership, including CEO Ray Hernan and Chief Operations & Business Development Officer Nuno Amaral. Joining them were ARI North America General Manager Glen Morgan, along with Edmonton International Airport executives, Vice President of Passenger Experience and Terminal Operations Carmen Donnelly, and Director of Commercial Development & Advertising Daphne Shelton.

Revamped duty free store at Edmonton International Airport. Photo: ARI

A Local Touch to Global Retail

Located in YEG’s Domestic-International Departures Lounge and US Departures Lounge, the Edmonton Duty Free stores underwent significant upgrades starting in January 2024. The redesign incorporates elements inspired by Edmonton’s local culture, history, and landmarks, emphasizing ARI’s commitment to a “sense of place” in its retail spaces.

Among the standout features are a bespoke swing, inspired by Edmonton’s secret River Valley swing, and a replica dinosaur fossil hanging from the ceiling, paying homage to the city’s rich history of paleontological discoveries. Additionally, lush greenery throughout the stores reflects Edmonton’s River Valley, the largest urban park in North America, while vintage photos of Jasper Avenue evoke the city’s vibrant past.

“We wanted to create an authentic and memorable experience for shoppers,” said Glen Morgan, ARI North America General Manager. “Edmonton has a rich and unique heritage, and the new stores encapsulate the essence of this vibrant city. We’ve cultivated a great range of brands and products to cater to the evolving passenger demographic traveling through the airport, and we will continue to work closely with our partners at Edmonton International Airport to enhance the overall airport experience.”

Revamped duty free store at Edmonton International Airport. Photo: ARI

Curated Products with Edmonton in Mind

The revamped duty-free stores feature a mix of premium international brands and locally sourced Edmonton products, offering travelers an authentic taste of the region. One notable addition is the liquor and ice wine collections by hockey legend Wayne Gretzky, a name synonymous with Edmonton during his years with the Edmonton Oilers.

“Our partnership with ARI plays a significant role in ensuring our passengers enjoy a world-class travel experience,” said Carmen Donnelly, YEG’s Vice President of Passenger Experience and Terminal Operations. “YEG is a gateway to the world, and part of the travel journey is ensuring our passengers have access to luxury shopping and savings as they travel.”

Edmonton International Airport: A Vital Gateway

Edmonton International Airport plays a crucial role in connecting the Edmonton region to the world and driving economic growth. In 2023, YEG welcomed 7.5 million passengers, recovering over 90% of its pre-pandemic traffic levels. The airport contributes $4.9 billion in economic output and supports more than 21,000 jobs, reinforcing its significance as a regional hub.

Sustainability and Future Growth

YEG’s commitment to sustainability is reflected in its ambitious goal of achieving net-zero emissions by 2040. Recent collaborations with partners, such as Toyota Canada, include plans to introduce hydrogen fuel cell electric vehicles to Alberta’s roadways. These initiatives align with the airport’s broader vision of environmental stewardship and innovation.

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Starbucks bringing back and introducing amenities

Photo from Starbucks website
Photo: Starbucks

Starbucks is bringing back and introducing new amenities to its cafés in North America, starting today.

“The changes come as part of a plan to refocus on what has always made Starbucks special — creating a welcoming coffeehouse where people want to gather and relax, and where skilled baristas serve the finest handcrafted coffee,” said the coffee giant.

Here’s what Canadian customers can expect, says Starbucks:

  • Free Refills for all customers: Beginning today, all customers who order any beverage “for here” will be able to enjoy free refills of hot brewed or iced coffee, or hot or iced tea during their same visit in that café.
    • To receive free refills, customers must have their first beverage served in a ceramic mug, glass, or clean personal cup that the customer brings in. 
    • For current Starbucks Rewards members in Canada, any changes to terms and conditions on free refills will take effect beginning February 12.
  • “For Here” or “To Go”?: To ensure customers feel an elevated and personal touch, Starbucks baristas will ask each customer if they would like their beverages and food “for here” or “to go.” Customers deciding to stay a while and enjoy the coffeehouse vibes can sip their favourite beverage out of the store’s ceramic mugs or glassware. 
  • The Condiment Bar is back: The condiment bar is returning to Canadian cafés, including creamers, milks and sweeteners, so that customers can easily customize their coffee exactly to their liking. If a customer doesn’t see the milk, including non-dairy options, or sweetener they want, they can ask a barista for their preferred condiments.
  • Coffeehouse Code of Conduct: We’ve also heard from customers and partners (employees) that access to comfortable seating and a clean, safe environment is critical to getting back to the Starbucks they know and love. To do this, we’ll be implementing a Coffeehouse Code of Conduct to provide clarity that our spaces are for use by customers and partners.

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Ambitious urban development project by Calgary Co-op and Truman Homes in approval process (Renderings)

Marc & Mada Block
Marc & Mada Block

Calgary’s landscape is set to undergo a transformative change with an ambitious joint venture project between Calgary Co-op and Truman Homes in the heart of the Marda Loop neighbourhood.

The proposed development, named the “Marc & Mada Block,” will provide about 441 new homes and nearly 58,000 square feet of retail space, anchored by an urban-format Calgary Co-op grocery store. 

The new homes are designed to support Calgarians of all ages, wages, and stages of life. Marc & Mada Block features a strong commitment to long-term housing affordability by dedicating a portion of new homes as affordable rental units, which will be owned and operated by the non-profit Liberty Housing Organization.

David White
David White

David White, with CivicWorks has been supporting the two companies on this project.

An Urban Planner’s Perspective

“I’m an urban planner, and I’ve been supporting Calgary Co-op and Truman on this proposal at a pretty granular level since they formed their partnership after Co-op acquired the site in 2019,” explained David White.

White said a rezoning application and then a bricks and mortar development are currently under review by the City of Calgary. “We expect through the course of the first quarter of this year, heading into the Spring, a recommendation will be made to City Council and ultimately a public hearing will be hosted and a decision will be made about the rezoning,” he explained.

“If that is successfully approved by Council this year in the Spring as we anticipate that means the development permit could then be considered for approval which would then allow the next stages of approvals and ultimately construction starting in 2026. For a project of this scale, it’s a fairly significant project, it would take at least two years, two and a half years to see construction through to occupancy.”

Marc & Mada Block
Marc & Mada Block

Key Features of the Development

The project is centred on a 27,000-square-foot urban-format grocery store, complemented by 15,000 square feet of additional commercial retail units (CRUs). “The main podium will house the grocery store and a collection of shops, services, and restaurants, creating a vibrant commercial hub,” White detailed.

Above the commercial spaces, the development will feature three residential components integrated into one superstructure. “It’s essentially one giant project sitting on a four-story parkade with a large podium. The residential portion includes approximately 441 new homes, a mix of for-sale condos and some purpose-built rentals, with the latter associated of affordable housing with a third-party non-market housing provider,” White explained.

Marc & Mada Block
Marc & Mada Block
Damon Tanzola
Damon Tanzola

“This new mixed-use development in the heart of one of Calgary’s most beloved communities is a source of pride for Calgary Co-op. When we acquired this site four years ago, we could see the unique potential of this strategic investment on behalf of our members. This new development will further contribute to this thriving community by providing those living, working and playing in Marda Loop, a fresh take on grocery shopping and enhanced community amenities,” said Damon Tanzola, Senior Vice President, Real Estate and Health & Wellness

“Marc & Mada Block represents the next generation of city-building in our redeveloping communities—mixed-use development that delivers the housing and amenities Calgarian’s need within vibrant growing neighbourhoods. We are proud to partner with Calgary Co-op to make this vision a world-class place,” said George Trutina, President, Truman.

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Marc & Mada Block
Marc & Mada Block
Marc & Mada Block
Marc & Mada Block
Marc & Mada Block
Marc & Mada Block

Carhartt WIP Opens First Canadian Store in Toronto

Carhartt store on Ossington Avenue in Toronto. Photo: Carhartt

Carhartt Work In Progress (WIP) has officially opened its first Canadian store at 49 Ossington Avenue in Toronto. The opening marks a significant milestone for the brand. The 2,000-square-foot store blends Carhartt’s heritage of durability with the contemporary aesthetic of its WIP line, offering Torontonians a curated collection of apparel and accessories.

A Legacy of Quality and Durability

Carhartt, founded in 1889 by Hamilton Carhartt in Detroit, Michigan, began as a workwear brand designed to meet the needs of American labourers. With just two sewing machines and five workers, the company focused on creating durable overalls for railroad workers, earning a reputation for “Honest value for an honest dollar.” Over the decades, Carhartt expanded its offerings to include jackets, coats, overalls, shirts, and jeans, all designed for hard-working individuals.

In 1994, Carhartt WIP was introduced as a refined offshoot of the brand, catering to urban audiences by combining Carhartt’s hallmark durability with contemporary streetwear designs. This evolution has allowed Carhartt to remain relevant in an ever-changing fashion landscape, balancing its blue-collar roots with modern, style-conscious sensibilities. Carhartt WIP’s parent company, Work in Progress Textilhandels GmbH, is based in Basel, Switzerland.

Carhartt WIP has cemented its status in the global fashion world through high-profile collaborations. Partnerships with A.P.C., Converse, Junya Watanabe, Nike, and Fragment Design have elevated the brand’s visibility, introducing its rugged aesthetic to new audiences. These collaborations have resulted in limited-edition collections that marry utility and design, enhancing Carhartt WIP’s appeal to both long-time fans and newcomers.

Carhartt at 49 Ossington Avenue in Toronto. Photo: Carhartt

The Toronto Store: Blending Heritage with Modernity

Located on Toronto’s trendy Ossington Avenue, the new store represents Carhartt WIP’s third standalone location in North America, following stores in New York City and Los Angeles. The 2,000-square-foot space captures the brand’s industrial heritage while embracing a sleek, modern retail experience.

The store features a curated selection of Carhartt WIP’s latest collections, including jackets, t-shirts, pants, and accessories, designed to cater to Toronto’s diverse and fashion-forward community. 

The CBRE Urban Retail Team facilitated the lease agreement for the space, with Teddy Taggart and Arlin Markowitz representing Carhartt in the deal with the support of the Team. Their expertise in Toronto’s retail market helped secure the Ossington location, which has become a destination for eclectic boutiques and cultural experiences.

Carhartt at 49 Ossington Avenue in Toronto. Photo: Carhartt

A Growing Retail Hub: Ossington Avenue’s Appeal

Carhartt WIP’s arrival on Ossington Avenue further solidifies the street as a prime destination for unique shopping experiences. The area, nestled between Queen Street West and Dundas Street West, has recently seen an influx of new fashion retailers.

In December 2024, Toronto-based Uncle Studios opened its first physical location at 46 Ossington Avenue, pairing clothing retail with a coffee shop in a hybrid concept. Also in December at 104 Ossington Avenue, Province of Canada launched its second Toronto store, offering locally manufactured apparel and home goods that prioritize sustainable design. 

Ossington Avenue is home to a unique range of retailers, including some well-known names such as Mejuri, Tiger of Sweden, Edwin Jeans, Duer, Reigning Champ, Tilley Endurables, and others. The street is also home to popular coffee shops, restaurants and bars. 

Carhartt at 49 Ossington Avenue in Toronto. Photo: Carhartt

Future Canadian Expansion: What’s Next for Carhartt WIP?

Currently, it is unclear if Carhartt WIP plans to open additional stores in Canada. While the Toronto store is a milestone for the brand, there has been no official announcement regarding further expansion.

If Vancouver were to be a potential site for a second Canadian store, West 4th Avenue in Kitsilano would be a strong contender. The area’s mix of premium retailers and a demographic similar to Ossington Avenue’s makes it an appealing location for the brand.

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Canadian retail markets to persevere in 2025 despite challenges: CBRE

Uniqlo at CF Chinook Centre (Image: Mario Toneguzzi)

Retail in Canada performed very well in 2024, with demand for space robust across almost all markets and sectors. Amid a limited development pipeline, retail vacancy rates declined to historical lows last year and many markets saw rental appreciation, according to CBRE’s H2 2024 Retail Rent Survey, a snapshot of retail trends and rents for 11 Canadian markets.

CBRE anticipates these trends will continue in the first part of 2025. Retail sentiment is positive, the market remains supply-constrained, and there is tenant demand in almost all sectors, particularly in grocery, restaurants, QSRs and those associated with general service-based uses, health and wellness, and fitness.

Alex Edmison
Alex Edmison

“But the long-term trajectory is more difficult to project,” said CBRE Senior Vice President Alex Edmison, who heads the National Retail Group. “One of the largest drivers of retail growth has been immigration, which will moderate this year.

“The threat of tariffs and their potential to throttle the economy could have a material impact at a time when consumers were already feeling pressure. But overall, we think that Canadian retail is in good shape heading into 2025.”

CBRE said the survey notes that interest rates will be something to watch in 2025; their downward trajectory helped support consumer confidence through 2024.

“But rising bond yields could limit future improvements on this front. The retail market will likely remain supply constrained into the foreseeable future, and there will be very little retail development. Even if the economy softens, retail availability will likely remain low,” said the report.

Here some other key takeaways from the Retail Rent Survey:

  • Rent growth was noted in 24 of the total 120 areas included in the survey. This is a marked slowing in the pace of rent appreciation cross-country and follows 40 increases noted at mid-year.
  • Four of 11 markets reported no change in rents over the last six months. This ties the H1 2023 edition of the Retail Rent Survey for the greatest number of markets with no noted movement in rents.
  • Mixed-use urban and unenclosed community centres experienced escalating rents in four markets each, the most of any retail formats.
  • Six key urban retail nodes across four markets noted increased rental rates. Select cities meanwhile continue to face challenges from decreased daytime foot traffic, with focus remaining on suburban sites

Here are the most active retailers and growing segments for 2025, according to CBRE:

  • Grocery: The grocery segment is competitive across most markets with an emphasis on discount banner expansion in underserved areas. Low vacancy and a lack of development has created a very dynamic environment for expansion, however. In a race for space, second generation space and off-market deals are common. Brands like Loblaws are actively looking to grow their No Frills and Maxi formats and are targeting smaller size stores between 10-20,000 square feet, as well as T&T.
  • Fitness: From discount to premier, there is a wide variety of offerings and activities available on any budget. Pilates and yoga studios, and other club/gym formats like Equinox and Fit4Less are all currently in expansion mode. Innovative community-based offerings are also picking up steam like Fairgrounds, which is taking space in transitional assets, and Othership, which is gaining appeal in the U.S.
  • Service/Medical: Momentum continues to build in the medical space, with consolidation as well as growth from start-ups. Innovation is being seen in the vet space in tandem with consolidation countrywide, along with growth in urgent care business and activity in the cardiovascular space.
  • Luxury & Apparel: The athletic and athleisure apparel sector is experiencing healthy growth and has been active across high street and enclosed malls. First-to-market brands such as Nike, ON, Alo Yoga and Vuori are taking space in the most in-demand areas. And luxury houses such as LVMH are expanding in Toronto’s Bloor Yorkville area.
  • In Calgary, there has been tremendous demand from daycares securing space, but the market is now beginning to run short on options. QSR food opportunities meanwhile continue to be in strong demand. Edmonton‘s QSR food scene has also experienced a surge in traffic as American franchises like Chick-fil-A, Krispy Kreme, Chipotle, and Firehouse Subs opened their first locations.
  • True North Real Estate Development finalized their acquisition of Portage Place Mall in Winnipeg. Adding residential, medical, office and new retail components, this massive redevelopment will impact downtown Winnipeg as a whole. Hopewell has begun development on the retail portion of their Refinery District project, which will bring 7,000 square feet of retail space to market in Q2 2025.
  • Toronto’s restaurant scene remains active in the Financial Core with recent openings from JOEY Restaurants and Estiatorio Milos. QSR is also making moves, with Shake Shack opening new locations at Yorkdale Shopping Centre and Union Station. New boutiques in Yorkdale’s renovated luxury wing include Versace, Loewe, Jimmy Choo, and Brunello Cucinelli.
  • In Montreal, the overhaul of Sainte-Catherine Street West is now 50% complete. For the first time in years, there is no construction, and the street is fully accessible. Alo, Sephora, and New Balance have all secured new deals on Sainte-Catherine Street West, with more activity expected in 2025.

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