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Conestoga Mall (Waterloo, Ontario)

Conestoga Mall is a shopping mall located at 550 King Street North in Waterloo, Ontario, Canada. Located at King Street's interchange with the Conestoga Parkway, it is the largest shopping centre in Waterloo, and third-largest in Waterloo Region.[citation needed] The mall is owned and operated by the shopping centre development company Ivanhoé Cambridge, which is a principal real estate subsidiary of Caisse de dépôt et placement du Québec.[citation needed]

Conestoga Mall
LocationWaterloo, Ontario, Canada
Coordinates43°29′53.37″N 80°31′37.22″W / 43.4981583°N 80.5270056°W / 43.4981583; -80.5270056
Address550 King Street North
Opening date1978[1]
DeveloperSelect Properties Limited
ManagementPrimaris REIT
OwnerPrimaris REIT
No. of stores and services130 (+14 food court)
No. of anchor tenants3
Total retail floor area681,272 sq ft (63,292.2 m2)
No. of floors1
Websiteconestogamall.com
Entrance on the west side of the mall

Conestoga Mall has over 130 stores and services. The mall has a Food Court featuring 14 vendors and a Galaxy Cinema.[2] Anchor tenants include Hudson's Bay, Zehrs, Galaxy Cinemas, Winners, Sport Chek, Old Navy, and Shoppers Drug Mart . The mall, built in 1978, was one of the only buildings on this section of King Street. Since it opened, the mall has been expanded several times, and has contributed to the retail success of this area. Several big box retailers have opened on King Street North around the mall.[citation needed]

Acquisition by Primaris REIT edit

In June 2023 Primaris REIT announced an intention to acquire the mall for $270 million from Ivanhoé Cambridge.[3] The transaction closed in July 2023.[4]

Redevelopment edit

Conestoga Mall underwent a major $75 million redevelopment project.[5] The project began in mid-2006, and was completed in the spring of 2010. Details of the project include a 130,000-square-foot (12,000 m2) expansion on the south end of the property, a renovation and upgrade to the existing building, a new 700-seat food court with a new south end mall entrance, and a pedestrian-friendly façade.[citation needed]

The redevelopment was also to include significant traffic improvements to the King Street entrance of the mall. The intersection of Conestogo Road and Kraus Drive were replaced with a roundabout at the City of Waterloo's request. A second entrance was added to King Street in the form of a right in-right out intersection. The traffic upgrades were paid for by Ivanhoé Cambridge as a condition of the City of Waterloo issuing a building permit for the expansion of the shopping centre.[6]

The Bay edit

The Bay (now "Hudson's Bay") was moved slightly to the south and was completely rebuilt into a larger store. The new prototype Bay at Conestoga Mall was the first "green" store in the company's portfolio - complete with environmentally-conscious measures such as solar panels, wind turbines, recycled carpet, and waterless urinals. The company also introduced higher end products such as Chanel cosmetics to serve Waterloo's growing affluence.[7]

City of Waterloo Museum edit

Conestoga Mall donated 4,000 square feet (370 m2) in the new expansion to the City of Waterloo to establish a permanent museum for the city's heritage artifacts. Over 10,000 of the city's historical artifacts will be displayed in the City of Waterloo Museum. Waterloo's heritage collection has been mainly in storage over the past decade, with most of these artifacts coming from the closure of the Seagram Museum. The City of Waterloo Museum will be located between the new Bay store and food court entrance.[8]

Environmental commitment edit

Conestoga Mall supports green electricity,[9] purchasing 30% of its common area electricity requirements from Bullfrog Power.[10]

Loblaw Superstore controversy edit

Loblaw Companies, which operates the Zehrs chain of grocery stores, has owned a large parcel of land to the southwest of Conestoga Mall. Despite much controversy with local citizens and the City of Waterloo, Loblaw planned to close the Conestoga Mall Zehrs and replace it with a much larger approximately 16,300-square-metre (175,000 sq ft) Real Canadian Superstore.[11] In September 2008, Loblaw sold its land holding to Intelligent Mechatronics Systems, a high tech company for $14.5 million.[12][13]

Anchors edit

Former anchors edit

  • Target Canada (redeveloped into multiple stores which includes Indigo Books and Music, Sport Chek and Miniso)
  • Zellers (converted to Target)

Transit terminal edit

See also edit

References edit

  1. ^ . Archived from the original on 2015-02-25. Retrieved 2013-08-15.
  2. ^ "Conestoga Mall - stores, services". www.shopping-canada.com. Retrieved 24 January 2016.
  3. ^ "Primaris REIT Press Release".
  4. ^ "Primaris REIT Press Release".
  5. ^ "City of Waterloo and Conestoga Mall launch a creative cultural initiative". City of Waterloo. Retrieved 2009-04-26.[permanent dead link]
  6. ^ "Council Agenda: Monday, August 27, 2007". City of Waterloo. Retrieved 2008-04-08.[permanent dead link]
  7. ^ "Waterloo Becomes Home to Canada's First Green Bay Store". CNW. Retrieved 2008-09-19.
  8. ^ . City of Waterloo. Archived from the original on 2010-03-11. Retrieved 2009-10-08.
  9. ^ . Archived from the original on 2007-08-28. Retrieved 2007-08-30.
  10. ^ (PDF). www.ivanhoecambridge.com. Archived from the original (PDF) on 28 March 2007. Retrieved 13 January 2022.{{cite web}}: CS1 maint: archived copy as title (link)
  11. ^ http://www.guelphmercury.com/pdfs/2007Oct23/A04.PDF[permanent dead link]
  12. ^ "Residents pleased as Loblaws sells site". Waterloo Region Record. Retrieved 2008-11-25.
  13. ^ "New high-tech headquarters overtakes Superstore plan". Waterloo Region Record. Retrieved 2008-11-25.

External links edit

  • Official website

conestoga, mall, waterloo, ontario, shopping, mall, grand, island, nebraska, united, states, conestoga, mall, grand, island, nebraska, conestoga, mall, shopping, mall, located, king, street, north, waterloo, ontario, canada, located, king, street, interchange,. For the shopping mall in Grand Island Nebraska United States see Conestoga Mall Grand Island Nebraska Conestoga Mall is a shopping mall located at 550 King Street North in Waterloo Ontario Canada Located at King Street s interchange with the Conestoga Parkway it is the largest shopping centre in Waterloo and third largest in Waterloo Region citation needed The mall is owned and operated by the shopping centre development company Ivanhoe Cambridge which is a principal real estate subsidiary of Caisse de depot et placement du Quebec citation needed Conestoga MallLocationWaterloo Ontario CanadaCoordinates43 29 53 37 N 80 31 37 22 W 43 4981583 N 80 5270056 W 43 4981583 80 5270056Address550 King Street NorthOpening date1978 1 DeveloperSelect Properties LimitedManagementPrimaris REITOwnerPrimaris REITNo of stores and services130 14 food court No of anchor tenants3Total retail floor area681 272 sq ft 63 292 2 m2 No of floors1Websiteconestogamall wbr com Entrance on the west side of the mall Conestoga Mall has over 130 stores and services The mall has a Food Court featuring 14 vendors and a Galaxy Cinema 2 Anchor tenants include Hudson s Bay Zehrs Galaxy Cinemas Winners Sport Chek Old Navy and Shoppers Drug Mart The mall built in 1978 was one of the only buildings on this section of King Street Since it opened the mall has been expanded several times and has contributed to the retail success of this area Several big box retailers have opened on King Street North around the mall citation needed Contents 1 Acquisition by Primaris REIT 2 Redevelopment 2 1 The Bay 2 2 City of Waterloo Museum 3 Environmental commitment 4 Loblaw Superstore controversy 5 Anchors 5 1 Former anchors 6 Transit terminal 7 See also 8 References 9 External linksAcquisition by Primaris REIT editIn June 2023 Primaris REIT announced an intention to acquire the mall for 270 million from Ivanhoe Cambridge 3 The transaction closed in July 2023 4 Redevelopment editConestoga Mall underwent a major 75 million redevelopment project 5 The project began in mid 2006 and was completed in the spring of 2010 Details of the project include a 130 000 square foot 12 000 m2 expansion on the south end of the property a renovation and upgrade to the existing building a new 700 seat food court with a new south end mall entrance and a pedestrian friendly facade citation needed The redevelopment was also to include significant traffic improvements to the King Street entrance of the mall The intersection of Conestogo Road and Kraus Drive were replaced with a roundabout at the City of Waterloo s request A second entrance was added to King Street in the form of a right in right out intersection The traffic upgrades were paid for by Ivanhoe Cambridge as a condition of the City of Waterloo issuing a building permit for the expansion of the shopping centre 6 The Bay edit The Bay now Hudson s Bay was moved slightly to the south and was completely rebuilt into a larger store The new prototype Bay at Conestoga Mall was the first green store in the company s portfolio complete with environmentally conscious measures such as solar panels wind turbines recycled carpet and waterless urinals The company also introduced higher end products such as Chanel cosmetics to serve Waterloo s growing affluence 7 City of Waterloo Museum edit Conestoga Mall donated 4 000 square feet 370 m2 in the new expansion to the City of Waterloo to establish a permanent museum for the city s heritage artifacts Over 10 000 of the city s historical artifacts will be displayed in the City of Waterloo Museum Waterloo s heritage collection has been mainly in storage over the past decade with most of these artifacts coming from the closure of the Seagram Museum The City of Waterloo Museum will be located between the new Bay store and food court entrance 8 Environmental commitment editConestoga Mall supports green electricity 9 purchasing 30 of its common area electricity requirements from Bullfrog Power 10 Loblaw Superstore controversy editLoblaw Companies which operates the Zehrs chain of grocery stores has owned a large parcel of land to the southwest of Conestoga Mall Despite much controversy with local citizens and the City of Waterloo Loblaw planned to close the Conestoga Mall Zehrs and replace it with a much larger approximately 16 300 square metre 175 000 sq ft Real Canadian Superstore 11 In September 2008 Loblaw sold its land holding to Intelligent Mechatronics Systems a high tech company for 14 5 million 12 13 Anchors editHudson s Bay Zehrs Markets Shoppers Drug Mart Old Navy Winners Sport Chek Indigo Books and Music H amp M Apple Store Aritzia Browns Shoes The Pickle Barrel Galaxy Cinemas Former anchors edit Target Canada redeveloped into multiple stores which includes Indigo Books and Music Sport Chek and Miniso Zellers converted to Target Transit terminal editMain article Conestoga Mall Transit TerminalSee also editCF Fairview Park Mall Cambridge CentreReferences edit About Us Conestoga Archived from the original on 2015 02 25 Retrieved 2013 08 15 Conestoga Mall stores services www shopping canada com Retrieved 24 January 2016 Primaris REIT Press Release Primaris REIT Press Release City of Waterloo and Conestoga Mall launch a creative cultural initiative City of Waterloo Retrieved 2009 04 26 permanent dead link Council Agenda Monday August 27 2007 City of Waterloo Retrieved 2008 04 08 permanent dead link Waterloo Becomes Home to Canada s First Green Bay Store CNW Retrieved 2008 09 19 City of Waterloo Museum City of Waterloo Archived from the original on 2010 03 11 Retrieved 2009 10 08 Waterloo Chronicle Archived from the original on 2007 08 28 Retrieved 2007 08 30 Archived copy PDF www ivanhoecambridge com Archived from the original PDF on 28 March 2007 Retrieved 13 January 2022 a href Template Cite web html title Template Cite web cite web a CS1 maint archived copy as title link http www guelphmercury com pdfs 2007Oct23 A04 PDF permanent dead link Residents pleased as Loblaws sells site Waterloo Region Record Retrieved 2008 11 25 New high tech headquarters overtakes Superstore plan Waterloo Region Record Retrieved 2008 11 25 External links editOfficial website Retrieved from https en wikipedia org w index php title Conestoga Mall Waterloo Ontario amp oldid 1197814073, wikipedia, wiki, book, books, library,

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