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Old Posted Jul 12, 2020, 11:17 AM
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Quote:
Plaza Retail REIT Announces Atlantic Superstore Anchored Development in Halifax, Nova Scotia

NEWS PROVIDED BY

Plaza Retail REIT
Jul 07, 2020

July 7, 2020 /CNW/ - Plaza Retail REIT ("Plaza") is pleased to announce that it will be developing a new retail centre on Hogan Court in the West Bedford area of Halifax. The project will be anchored by Atlantic Superstore, as well as approximately 20,000 square feet of essential-needs and convenience-oriented retail offerings. The location, immediately off Highway 102 in one of the fastest growing areas in Halifax, is surrounded by newly-developed medium and high density residential neighbourhoods, as well as hotel, retail and institutional uses.

"The development of this style of essential-needs retail has been our core business since we started in 1999 and will add to the resiliency of our portfolio," said Michael Zakuta, Plaza's CEO. "We are very excited to be working with Loblaw in this fast-growing area of Halifax."

Construction for this project, which was in planning prior to COVID-19, will begin in early July. The first retailers are projected to open in the spring of 2021.
https://www.newswire.ca/news-release...861041619.html
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