UrbanWaterloo
01-25-2010, 01:49 AM
Conestoga Mall Expansion & Renovations
http://img29.imageshack.us/img29/7189/2foodcourt.jpg
Image from: http://conestoga.shopping.ca/cambridge/images/gallery/cns/food_court.jpg
http://img641.imageshack.us/img641/6448/conestogamallsitemap.jpg
Image from: http://conestoga.shopping.ca/cambridge/images/gallery/cns/ConestogaMallSitemap.jpg
Address: 550 King Street North, Waterloo
Website: http://www.conestogamall.com
Developer & Owner: Ivanhoe Cambridge (http://www.ivanhoecambridge.com/en-CA/HomePage/index.aspx#/en-CA/HomePage)
Architect: pellow + associates architects inc (http://www.pellowarchitects.com/)
Cost: 2006 press release states an estimated cost of $50 million, however cost as of fall 2009 was $76 million
Completion: Spring 2010
An additional 130,000 square feet of shopping and entertainment is coming to Conestoga Mall
Montreal, Quebec, (December, 2006) - Ivanhoe Cambridge, owner and manager of Conestoga Mall, is very pleased to announce an investment of $50 million to expand and renovate this shopping center of choice located in Waterloo, Ontario. Construction work on this highly anticipated project started in the spring and will be completed by fall, 2009.
George Fiddler, Senior Vice President, Central Region of Ivanhoe Cambridge, says, “We are very excited to redevelop Conestoga Mall, a project that is aligned with Ivanhoe Cambridge’s strategy of continuously reinvesting in its portfolio to further reinforce the position and profile of its properties in their respective markets. The renovation and expansion of Conestoga Mall will significantly enhance the operating environment for retailers, increase the convenience to customers and expand the retail and service offering in the north end of Waterloo.”
This project underlines the vitality of Conestoga Mall and confirms its status as a prime retail destination in its market. Once completed, the shopping centre will present a renewed retail and service offering in a contemporary, fresh and modern setting. The availability of a wide selection of high quality brand name retailers will strengthen the regional appeal of Conestoga Mall in the Waterloo Region.
Sandra Stone, General Manager of the property states: “This project is excellent news for Conestoga Mall, shoppers, the community and retailers! The mall is part of a thriving business and retail hub and as important members of the community; we want to contribute to the area’s vitality and growth. Renovation work will be planned in such a way as to minimize inconvenience to our tenants and to continue to provide a shopper-friendly environment to consumers.”
Details of the project include:
relocating CIBC to a 8,000 square-foot independent site on the property (scheduled opening is early January 2007),
a large 18,800 square-foot Old Navy that will be located in the space left vacant by CIBC and scheduled to open in late summer 2007,
an expanded The Bay which, once completed in spring 2008, will reach 130,000 square feet,
a major 75,000 square-foot expansion at the property's south end which uses some of the space left vacant by The Bay, features a ‘race track design' which will link the new wing to the Zehrs wing and house high-quality, new retail concepts,
relocating and redesigning a new contemporary food court that will feature ten food retailers with seating for 700,
New, well-equipped, stylish washrooms,
Over 1,000 new parking spaces will be added to an expanded, pedestrian-friendly south end parking lot.
Moreover, the expansive interior will showcase dramatic 25 foot high ceilings, a clear storey roof over the food court, fashionable interior design and well positioned lighting elements. The stunning combination of stone, glass and stucco exterior will present an exciting street façade that will make the community proud. The existing building will have fresh new flooring, lighting & skylight upgrades, modern interior décor / furnishings, attractive outdoor landscaping and new design elements incorporated into the King Street main entrance.
This project will be led by general contractor Ledcor Construction of Toronto and is expected to create 130 construction jobs, with 235 full-time and 155 part-time new retail employment positions being added to the region when complete.
About Conestoga Mall:
Conestoga Mall is owned and operated by Ivanhoe Cambridge. Serving Waterloo and an extended Secondary Trade Area, the centre is positioned to serve middle, upper middle and high income markets. Anchors like Winners, Zellers and Sport Chek, and marquee retailers such as Gap and American Eagle, strengthen the centre's drawing appeal in this fast-growing market. A dominant 10-screen Galaxy multiplex theatre increases the centre's regional appeal.
About Ivanhoe Cambridge:
Ivanhoe Cambridge is a recognized leader in the Canadian real estate industry. It is one of the country’s pre-eminent property owners, managers, developers and investors. The Company focuses on high-quality shopping centres located in urban areas. Beyond its strong Canada-wide presence, the Company is also active in the United States, Brazil, Asia and Europe – where it partners with prominent real estate entities. Its real estate portfolio consists of more than 43.2 million square feet of retail space and includes over 65 regional and super-regional shopping centres. As at December 31, 2005, the market value of Ivanhoe Cambridge’s assets reached CAD $9.3 billion.
Headquartered in Montreal, Quebec, Canada, Ivanhoe Cambridge is a principal real estate subsidiary of the Caisse de dépôt et placement du Québec, the largest institutional fund manager in Canada. Amongst its shareholders, the Company also counts four prominent Canadian pension funds. The Company's Internet address is www.ivanhoecambridge.com.
Press Release Link: http://www.shopping.ca/cambridge/jsp/fp_01.jsp?mallid=cns§id=au
New & Relocated Tenants
New Tenants Now Open:
aerie
Aeropostale
Aldo
Altered Image
Bath & Body Works
Ben Moss Jewelers
Bikini Village
Charm Diamond Centres
City of Waterloo Museum
Costa Blanca
Crepe Delicious
Cultures
Dynamite
Eleventh Hour Clothing
Flight Centre
Freshly Squeezed
Game Stop
Garage
H&M
HMV
Jean Machine
Joneve
KFC/Taco Bell
Lenscrafters
Lids
Mac's Sushi
Melanie Lyne
New Balance
North By Northwest
Old Navy
Oliver & Bonacini Cafe Grill
Olsen Europe
PINK by Victoria's Secret (first location to open in Canada)
Rocky Mountain Chocolate Factory
RW & Co
Sirens
Smart Set
Soft Moc
Spring Rolls GO!
Spring Rolls (restaurant)
Subway
Sunglass Hut
Tandoori
Teaopia
Tim Hortons
Travoto
T-Booth
Tonyc Salon & Spa
Villa Madina Mediterranean Cuisine
Vivah
Volum Studio
Relocated/Renovated Tenants:
A & W
Ardene
The Bay
Bell
Bentley
Boathouse
Campus Crew
CIBC
Cleo
Crate Designs
Coles
Feta & Olives
Fido
Foot Locker
Hallmark
Jacob
Manchu Wok
New York Fries
La Senza
Laura Secord
Please Mum
Raffi Jewellers
Ricki's
S & H Health Foods
Shoppers Drug Mart
Spring
Stars
Telus
The Source
Timothy's
Trillium Dental Clinic
tripcentral.ca
West 49
Wireless Wave
Zehrs
Other Conceptual Drawings of Expansion:
Food Court Interior (Superseded - Released 2007)
http://img178.imageshack.us/img178/6676/1insidefoodcourtvo7.jpg
Image from: http://www.ivanhoecambridge.com/en-CA/HomePage/index.aspx#/en-CA/Development/DevelopmentProjects
King Street Elevation (Released 2009)
http://conestoga.shopping.ca/cambridge/images/siteimage/cns/expansion.jpg
Image from: http://conestoga.shopping.ca/cambridge/images/siteimage/cns/expansion.jpg
http://img29.imageshack.us/img29/7189/2foodcourt.jpg
Image from: http://conestoga.shopping.ca/cambridge/images/gallery/cns/food_court.jpg
http://img641.imageshack.us/img641/6448/conestogamallsitemap.jpg
Image from: http://conestoga.shopping.ca/cambridge/images/gallery/cns/ConestogaMallSitemap.jpg
Address: 550 King Street North, Waterloo
Website: http://www.conestogamall.com
Developer & Owner: Ivanhoe Cambridge (http://www.ivanhoecambridge.com/en-CA/HomePage/index.aspx#/en-CA/HomePage)
Architect: pellow + associates architects inc (http://www.pellowarchitects.com/)
Cost: 2006 press release states an estimated cost of $50 million, however cost as of fall 2009 was $76 million
Completion: Spring 2010
An additional 130,000 square feet of shopping and entertainment is coming to Conestoga Mall
Montreal, Quebec, (December, 2006) - Ivanhoe Cambridge, owner and manager of Conestoga Mall, is very pleased to announce an investment of $50 million to expand and renovate this shopping center of choice located in Waterloo, Ontario. Construction work on this highly anticipated project started in the spring and will be completed by fall, 2009.
George Fiddler, Senior Vice President, Central Region of Ivanhoe Cambridge, says, “We are very excited to redevelop Conestoga Mall, a project that is aligned with Ivanhoe Cambridge’s strategy of continuously reinvesting in its portfolio to further reinforce the position and profile of its properties in their respective markets. The renovation and expansion of Conestoga Mall will significantly enhance the operating environment for retailers, increase the convenience to customers and expand the retail and service offering in the north end of Waterloo.”
This project underlines the vitality of Conestoga Mall and confirms its status as a prime retail destination in its market. Once completed, the shopping centre will present a renewed retail and service offering in a contemporary, fresh and modern setting. The availability of a wide selection of high quality brand name retailers will strengthen the regional appeal of Conestoga Mall in the Waterloo Region.
Sandra Stone, General Manager of the property states: “This project is excellent news for Conestoga Mall, shoppers, the community and retailers! The mall is part of a thriving business and retail hub and as important members of the community; we want to contribute to the area’s vitality and growth. Renovation work will be planned in such a way as to minimize inconvenience to our tenants and to continue to provide a shopper-friendly environment to consumers.”
Details of the project include:
relocating CIBC to a 8,000 square-foot independent site on the property (scheduled opening is early January 2007),
a large 18,800 square-foot Old Navy that will be located in the space left vacant by CIBC and scheduled to open in late summer 2007,
an expanded The Bay which, once completed in spring 2008, will reach 130,000 square feet,
a major 75,000 square-foot expansion at the property's south end which uses some of the space left vacant by The Bay, features a ‘race track design' which will link the new wing to the Zehrs wing and house high-quality, new retail concepts,
relocating and redesigning a new contemporary food court that will feature ten food retailers with seating for 700,
New, well-equipped, stylish washrooms,
Over 1,000 new parking spaces will be added to an expanded, pedestrian-friendly south end parking lot.
Moreover, the expansive interior will showcase dramatic 25 foot high ceilings, a clear storey roof over the food court, fashionable interior design and well positioned lighting elements. The stunning combination of stone, glass and stucco exterior will present an exciting street façade that will make the community proud. The existing building will have fresh new flooring, lighting & skylight upgrades, modern interior décor / furnishings, attractive outdoor landscaping and new design elements incorporated into the King Street main entrance.
This project will be led by general contractor Ledcor Construction of Toronto and is expected to create 130 construction jobs, with 235 full-time and 155 part-time new retail employment positions being added to the region when complete.
About Conestoga Mall:
Conestoga Mall is owned and operated by Ivanhoe Cambridge. Serving Waterloo and an extended Secondary Trade Area, the centre is positioned to serve middle, upper middle and high income markets. Anchors like Winners, Zellers and Sport Chek, and marquee retailers such as Gap and American Eagle, strengthen the centre's drawing appeal in this fast-growing market. A dominant 10-screen Galaxy multiplex theatre increases the centre's regional appeal.
About Ivanhoe Cambridge:
Ivanhoe Cambridge is a recognized leader in the Canadian real estate industry. It is one of the country’s pre-eminent property owners, managers, developers and investors. The Company focuses on high-quality shopping centres located in urban areas. Beyond its strong Canada-wide presence, the Company is also active in the United States, Brazil, Asia and Europe – where it partners with prominent real estate entities. Its real estate portfolio consists of more than 43.2 million square feet of retail space and includes over 65 regional and super-regional shopping centres. As at December 31, 2005, the market value of Ivanhoe Cambridge’s assets reached CAD $9.3 billion.
Headquartered in Montreal, Quebec, Canada, Ivanhoe Cambridge is a principal real estate subsidiary of the Caisse de dépôt et placement du Québec, the largest institutional fund manager in Canada. Amongst its shareholders, the Company also counts four prominent Canadian pension funds. The Company's Internet address is www.ivanhoecambridge.com.
Press Release Link: http://www.shopping.ca/cambridge/jsp/fp_01.jsp?mallid=cns§id=au
New & Relocated Tenants
New Tenants Now Open:
aerie
Aeropostale
Aldo
Altered Image
Bath & Body Works
Ben Moss Jewelers
Bikini Village
Charm Diamond Centres
City of Waterloo Museum
Costa Blanca
Crepe Delicious
Cultures
Dynamite
Eleventh Hour Clothing
Flight Centre
Freshly Squeezed
Game Stop
Garage
H&M
HMV
Jean Machine
Joneve
KFC/Taco Bell
Lenscrafters
Lids
Mac's Sushi
Melanie Lyne
New Balance
North By Northwest
Old Navy
Oliver & Bonacini Cafe Grill
Olsen Europe
PINK by Victoria's Secret (first location to open in Canada)
Rocky Mountain Chocolate Factory
RW & Co
Sirens
Smart Set
Soft Moc
Spring Rolls GO!
Spring Rolls (restaurant)
Subway
Sunglass Hut
Tandoori
Teaopia
Tim Hortons
Travoto
T-Booth
Tonyc Salon & Spa
Villa Madina Mediterranean Cuisine
Vivah
Volum Studio
Relocated/Renovated Tenants:
A & W
Ardene
The Bay
Bell
Bentley
Boathouse
Campus Crew
CIBC
Cleo
Crate Designs
Coles
Feta & Olives
Fido
Foot Locker
Hallmark
Jacob
Manchu Wok
New York Fries
La Senza
Laura Secord
Please Mum
Raffi Jewellers
Ricki's
S & H Health Foods
Shoppers Drug Mart
Spring
Stars
Telus
The Source
Timothy's
Trillium Dental Clinic
tripcentral.ca
West 49
Wireless Wave
Zehrs
Other Conceptual Drawings of Expansion:
Food Court Interior (Superseded - Released 2007)
http://img178.imageshack.us/img178/6676/1insidefoodcourtvo7.jpg
Image from: http://www.ivanhoecambridge.com/en-CA/HomePage/index.aspx#/en-CA/Development/DevelopmentProjects
King Street Elevation (Released 2009)
http://conestoga.shopping.ca/cambridge/images/siteimage/cns/expansion.jpg
Image from: http://conestoga.shopping.ca/cambridge/images/siteimage/cns/expansion.jpg