Cadillac Fairview Plans Another Expansion for Chinook Centre in Calgary
Chinook Centre just recently completed an 180,000 square foot, $277 million dollar expansion back in September of 2012. Its prime location in the heart of the southwest along major city arteries like Macleod and Glenmore Trail make it one of the most visited shopping centres in the city.
Cadillac Fairview recognizes the fact that Chinook Centre’s location makes it apt for another redevelopment project sooner or later. With a current overwhelming demand for space at the mall, any new commercial and retail space built would fill up with tenants very quickly.
Chinook Centre owes its success to the city it lives in. Calgary has become an economic strength of Canada. Its healthy economy has led to stronger business growth and consumer spending, creating demand for more places to shop. In fact, Chinook Centre has continued to be one of the top performing shopping centres in Canada, as well as North America. Cadillac Fairview expects it continue on this path of success with the new expansion, bringing a wider variety of consumer goods to the citizens of Calgary.
Expect to see more office and retail developments from Cadillac Fairview in the years to come.