Oxford Properties will break ground this fall on a massive ‘Square One District’ development that will transform the mall property into a vibrant walkable community with 35,000 new residents, as well as office buildings, a major transit hub, and numerous community buildings and greens spaces.
The landlord is identifying new tourism target markets that will drive traffic and exposure to its centres across the country in a first of its kind initiative.
Canadian cities are seeing new food halls that are creating increased footfall and drawing in consumers from a wider area. But will we become oversaturated if too many are built?
Other News: Hudson’s Bay expands men’s luxury brands at flagship, Square One hosts 1st North American Ramadan Market, Abercrombie & Fitch opens 3rd global ‘new look’ store in Toronto.
Other News: New 80,000 sq ft home furnishings centre opens in Toronto, Square One’s ‘Market District’ embraces independent vendors, 12,000 sq ft Rogers experience centre opening at Canada’s busiest pedestrian intersection.
Opening to the public on Thursday morning, the 40,000 square foot multi-vendor culinary destination will create an urban gathering place while driving foot traffic to the adjacent shopping centre property.
Other News: Mackage Opens Montreal Flagship with More to Come, RYU Respect Your Universe Lands at CF Sherway, CF Partners with Lyft at CF Toronto Eaton Centre.
The massive Mississauga shopping centre will see its former Target box converted into an innovative new entertainment, food hall and retail wing, which is expected to further drive traffic to the already very busy centre.
Other News: Swarovski Pop-Up a Prototype for Future Stores, Levi's Opens in Halifax, TNT The New Trend Adds Men's at Bayview Village, La Vie En Rose Launches on ShopShops.
The massive Mississauga centre, which has seen considerable renovations and a recent expansion, is only the second Canadian mall to achieve $1 billion in annual retail sales.
The minimalist Japanese retailer has revealed another prominent location set to open this summer, as it plans to open as many as 20 Canadian stores by the year 2020.
The massive shopping mall has seen considerable investment over the past three years, recognizing changing demographics within its catchment area. The mall’s manager explained what the landlord has done to substantially increase its productivity, making Square One a leading centre in terms of revenue as well as footfall.