Quote:
Originally Posted by CoryB
I would be surprised if there are more opening before Christmas that are not on the list.
It has officially been said there will be more stores following in 2015 and those will likely back fill for ones relocating, like Mexx and Sunglasses Hut.
There also continue to be rumors that Sears at Polo Park is "for sale" if the right offer comes forward. Considering they have sold off a number of their prime locations in Canada already this would not be surprising. The bigger question is what would losing Sears mean for the mall? Might they demolish the store and build a south wing expansion pushing towards Portage Ave? Might a single new tenant move into the space? Might they split the space for a couple medium sizes tenants like H&M sized stores, and if so what configuration does that split take?
It seems this is just the start of the changes for the mall and we can expect more to come.
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Given that downtown retail is all but officially dead, at this point I think I can get behind Polo Park expansion on the grounds that it will keep retail dollars from flowing to greenfield big-box developments on the fringes of town. It's the lesser of two evils, in that sense.
With Polo Park being the dominant mall in Manitoba, you would think there would be some pretty big possibilities with the southern end of their property. I hope whatever CF does there is a bit better thought out than the piecemeal pall-mall crap thrown around at the north end of their property.