Originally Posted by sjuser23
SANDRA DAviS
TELEGRAPH-JOURNAL
SAINT JOHN - The East Point shopping complex is poised to nearly double in size as the remaining rock is blasted away to make room for more retail, service providers, and hospitality venues.
With more than 37,161 square metres (400,000 square feet) of shopping available now, the east side development will encompass more than 65,000 square metres (700,000 square feet) when all is said and done, says developer Troy Northrup.
"Our goal was to develop a New Brunswick premiere shopping destination, to be different than what's been built in the province, and I think we've certainly established that,"he said.
"When completed, it will be the largest shopping centre in New Brunswick." Furthermore, sales this Christmas surpassed what was expected.
"It's early for all the numbers to come in, but I have talked to a few key retailers, and the sales well exceeded forecasts,"he said.
Along with Tweed and Hickory, last fall East Point welcomed Pseudio, Tip Top Tailors, Mr. Big & Tall and TD, along with Sally Beauty, which Northrup describes as the largest cosmetics company in the world. That's in addition to at least 15 other established retailers and serviceproviders, including Costco and Home Depot.
In addition to the East Point complex, the east side is getting a new development at the intersection of McAllister Drive and Westmorland Road, which will include BMO Bank of Montreal and St-Hubert, which specializes in rotisserie chicken. A sign at the site says the bank will open Jan. 30.
The developer of that two-and-a-halfhectare tract of land is Cobalt Properties, said senior city planner Mark Reade, adding that there is room for a third building between the bank and St-Hubert.
A Target store is expected to open in Mc-Allister Place mall in 2013, which will be the American retailer's only New Brunswick store in a 105-location Canadian expansion. Lancaster Mall has spent $14 million in renovations, and Brunswick Square is set to complete a facelift in the spring.
The city centre is also booming with newcomers, including The Freak Lunchbox, The Urban Shoe Myth, Danielle's Desserts Cake Shop and Bakery, Je Suis Prest Boutique and Silver Daisy Designs.
"It tells me that 2011 was a good year from a retail perspective," said Board of Trade president Imelda Gilman.
"We've seen a lot of growth in the last couple of years all over the city."
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