Development

PROJECTS & OPENINGS INTERNATIONAL

Ivanhoé Cambridge announced a large-scale redevelopment project for the Montreal Eaton Centre. | Galeries Lafayette has signed the lease for a major new store in Shanghai, China in partnership with I.T. Limited, which is scheduled to open in late 2018. | The first phase of Grandscape in Dallas, Texas will open in May 2019.

 


 

Canada flagCANADA

Montreal Eaton Centre

redevelopment project for the Montreal Eaton Centre.
Image: Ivanhoé Cambridge

Ivanhoé Cambridge announced a large-scale redevelopment project for the Montreal Eaton Centre.

The $200-million investment aims to enhance the shopping experience at one of Quebec’s busiest malls, located on Sainte-Catherine Street – one of North America’s most well-known commercial streets. “Sainte-Catherine Street’s great strength is its ability to reinvent itself continually,” stated Claude Sirois, president of retail at Ivanhoé Cambridge.

“Our demanding clientele wants an innovative and sustainable project that stands out for its urban character. With the physical changes we are making, and the collaboration with our current and future retailers and brands, we are setting out to redefine the urban shopping experience downtown.”

Merging the Complexe Les Ailes with the Montreal Eaton Centre, Ivanhoé Cambridge will be turning a new leaf, by restoring the building’s original name, while at the same time strengthening the Montreal Eaton Centre’s image and brand. Year in and year out, the two malls combined welcome more than 30 million visitors annually.

The reconfigured Montreal Eaton Centre will provide numerous leasing opportunities, including large format retailers. The mall, which already benefits from a connection to Montreal’s underground city, will also see improvements due to the renovation of Sainte-Catherine Street West, as well as from the future McGill light rail train station that is part of the Réseau électrique métropolitain (REM), and the increase in density that has been under way for several years in the area.


 

china flagCHINA

GALERIES LAFAYETTE FLAGSHIP STORE SHANGHAI

Galeries Lafayette Shanghai Galeries Lafayette
Image; Galeries Lafayette

Galeries Lafayette has signed the lease for a major new store in Shanghai, China in partnership with I.T. Limited, which is scheduled to open in late 2018.

Galeries Lafayette will settle in the Shanghai Pudong Mall, a shopping center located in a rising neighbourhood of the city, with a 4-story department store offering a total area of 25,000 sq m.

The new store will offer a real shopping experience through retail space combining innovative architecture and a store design developed by the architecture firm HMKM. Galeries Lafayette will offer a selection of the best local, French and international brands, as well as multi-brand spaces ranging from affordable to luxury.

It will target young clientele with high purchasing power, particularly sensitive to the latest fashion trends and developments. The opening of this store is another step toward the acceleration of the roll-out of the Galeries Lafayette brand in China.


 

us flagUSA

GRANDSCAPE

Grandscape
Image: Grandscape

The first phase of Grandscape in Dallas, Texas will open in May 2019.

The development is located in The Colony, a rapidly growing northern suburb of Dallas. The project will sit along one of the busiest tollways in the United States, with traffic projected to be 306,000 vehicles per day.

Grandscape will compromise 173,000 sq m, with 52,000 sq m of retail space. Average household income within five miles of the site is $116,000 p.a. The anchor tenants will include Nebraska Furniture Mart, the largest home furnishings store in North America, drawing an estimated 10 million visitors annually from distances of up to 200 miles or more.

The center will also be home to a Scheel’s Sporting Goods Store, offering over 18,600 sq m of merchandise and a 65-foot tall, 16-car indoor Ferris wheel. Grandscape will furthermore include a luxury resort with hotel and spa offering high-end amenities. An adjacent attached meeting center space will allow for convention business.

The entertainment service anchor is a movie theater offering leather reclining seats, pristine sound, and an unsurpassed luxury theater experience. Grandscape features 4,600 sq m of sit-down restaurants and entertainment along a scenic lake in the boardwalk district. Eight restaurants have already opened, and are enjoying record sales.

 


Follow @across_magazine on Twitter and @across.magazine.europe on Facebook, sign up for our ACROSS newsletter and subscribe to ACROSS Magazine.


 

Sign up for our ACROSS Newsletter. Subscribe to ACROSS Magazine.

Development MORE

About the Green Roof of Nivy Station

HB Reavis has created an oasis for leisure and retail in the heart of a lively district in the Slovakian capital. The 12,000-square-meter green roof serves as a highlight.

Projects & Openings Europe

Cano, GERMANY +++ Galerija Belgrade, SERBIA +++ Galeria Andrychów, POLAND +++ Prishtina Mall, KOSOVO +++ Drehscheibe, GERMANY +++ Novum Presov, SLOVAKIA +++ Mesto Vstrechi, RUSSIA +++ AFI Brasov, ROMANIA +++ Center Alt-Erlaa, AUSTRIA +++ Plärrermarkt, GERMANY

Projects & Openings International

Sanya CDF Mall II | CHINA +++ The Park Semarang | INDONESIA +++ 11 Skies | HONG KONG

Mission renovation accomplished

Last December Redevco completed the refurbishment of the 123,000-sq m Parque Corredor shopping center near Madrid.

Significant market growth in Belgrade

After the two shopping center openings in the Serbian capital, the focus shifts slightly to secondary cities and the wider Belgrade region, putting retail parks in the spotlight.

Urban Regeneration: Sustainable solutions to growth

Urbanization is a global mega-trend. Therefore, urban regeneration projects have become increasingly relevant. However, one has to consider quite a few things along the journey toward a successful mixed-used scheme. The most successful projects will be those that incorporates work, life, shop, play, and access to services at inner-city locations.