[Boreal]

That doesn't come as much of a surprise to me. The IKEA development - and for that matter, the entire Kenaston retail node will make a giant push to rival the Polo Park area as Winnipeg's pre-eminent retail destination. Oddly enough, they are only about a 10 to 15 minute drive apart from each other.

I'm not concerned about Polo Park taking a hit, in terms of market share (though I imagine they will lose slightly at first), but all of the secondary and tertiary centres, such as Grant Park and perhaps even St. Vital Centre that could end up taking it in the glasses as a result of Polo Park and Kenaston going toe-to-toe to attract the most desirable retailers.