Cadillac Fairview and co-owner Ivanhoé Cambridge have announced new tenants to open at Calgary’s CF Market Mall. Several will located in space left vacant by Target, which exited Canada in 2015.
New tenants will include a massive Zara, Sporting Life and Saks OFF 5TH, as well as replacement locations for HomeSense and Sport Chek. The new Sport Chek will become Calgary’s first flagship for the brand.
Zara will open one of its largest Canadian stores at CF Market Mall this fall, spanning 30,000 square feet over two levels. It will be the second Zara store in Calgary, and will be considerably larger than the 14,300 square foot Zara at CF Chinook Centre.
Sporting Life will open a 40,000 square foot store in the mall this fall, and it will be the second location for the retailer in Calgary. Sporting Life opened its first store in the city in October of 2016 at Southcentre Mall, and sources say that it is doing very well.
Calgary-based Sport Chek will open a new 60,000 square foot flagship, which will be the first of its kind in the city. The new store will replace an existing 33,300 square foot location in the mall. Last week, Sport Chek opened its first women’s only store at Calgary’s CF Chinook Centre, as the retailer continues to expand and innovate with its Canadian operations.
TJX-owned HomeSense will move into part of the mall’s former target space, to be replaced by a 26,600 square foot Saks OFF 5TH, which will open in 2018.
An additional 83 underground parking stalls will also be added to the centre.
CF Market Mall is one of Canada’s most productive shopping centres, according to a recent Retail Council of Canada shopping centre study. The mall is approaching sales of $1,000 per square foot annually, making it the region’s second-most productive mall, after CF Chinook Centre.
Canadian Retail News From Around The Web: March 9, 2017
