The retail power centre, spread over 320 acres and containing more than 2.3 million square feet of dining, shopping and entertainment space, has developed a reputation of being the place where many retailers establish their first locations when they come to Edmonton.
“So the flagship Canadian Tire store, also the biggest Canadian Tire store in Canada, is located there,” said Pacheco, of the 140,000-square-foot store over two floors which opened in 2015.
He said the Nordstrom Rack, which opens in October, will be the first location in Edmonton and the only confirmed one.
It will be 35,000 square feet and is Nordstrom’s off-price retailer offering on-trend clothing, shoes and other accessories. The power centre said Nordstrom Rack will be offering 30 to 70 per cent off regular prices and the store is designed to provide the ultimate treasure hunt to style-savvy customers.
When Nordstrom first announced in August 2016 that it would be entering the Edmonton market at South Edmonton Common, its Canadian president Karen McKibbin said: “We want to be in compelling locations with a great retail mix, and we feel our new store at South Edmonton Common helps us to achieve that goal. We look forward to introducing ourselves to customers in Edmonton and bringing them great brands at great prices.”
The South Edmonton Common power centre’s first tenant was Home Depot in 1998. Today, there are 169 retailers on the site. Major stores include Walmart, Lowe’s, IKEA, Saks OFF 5TH, Superstore, and Cineplex’s Rec Room.
It’s located at the gateway to the south entrance into Edmonton and situated at one of the city’s highest traffic locations, bordering the city’s eight-lane ring road, Anthony Henday Drive – making it easily accessible to shoppers from all of Edmonton’s suburban areas.
“It’s one of the places where you can only find these stores in. So there’s something for everyone and in some cases as with Nordstrom Rack it’s the only one of that in the city,” said Pacheco. “There’s the only IKEA in the city there. For awhile it was the only Rec Room.”
Over the years, South Edmonton Common has been a leader when it comes to power centre developments across North America. It has often been where many retailers have first introduced their brand to the Edmonton market.
“The centre’s almost fully built out. We’re really excited because this format didn’t exist in Edmonton before this sort of open-air big box centre a bit outside of the city. A place of firsts for standalone retailers,” said Pacheco.
The centre is promoting walkability and sustainability. It will be putting in electric vehicle chargers in there shortly. It is also looking at improving transportation in the area.
“We’re really updating it for modern consumers,” added Pacheco.
“We may look at having a public space in there – an event space.”