02-26-2019, 09:50 AM
Fairview Park redevelopment in Kitchener to begin this spring
Quote:Work on the first phase of a massive expansion and reimagining of Fairview Park mall is expected to begin this spring.https://www.therecord.com/news-story/919...is-spring/
Owner Cadillac Fairview (CF) said the $70-million project will include a new four-storey office building, at least three free-standing restaurants and the transformation of the former Sears store into new retail and office space. The property will be known as CF Grand Market District.
...
Finley McEwen, senior vice-president of development at Cadillac Fairview, said it's an opportunity to expand beyond the traditional enclosed shopping mall format and turn the property into a more pedestrian friendly mixed-use area.
"We're taking the opportunity to update the product that we're offering the market."
The majority of the existing mall will be retained, but new retail space will be outward facing, McEwen said. "You create an opportunity for customers to walk between the buildings."
...
Behind the scenes, the basement of the Sears store will house large cisterns allowing rainwater from the roof to filter into the ground. McEwen said it's hoped that will prevent parking lot flooding the property has experienced in the past.
There will also be a solar array with more than 1,500 panels on top of the Sears building. "We're doing a tremendous amount of work to improve the sustainability of the project," said McEwen.
The region's new light rail transit system has a terminus at the property.
Cadillac Fairview wants the redevelopment to tie into its property across Fairway Road, home to Cineplex Cinemas and Indigo. A mixed-use expansion to that site is planned as well, McEwen said.