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Sign In or Register. An LED screen with the letters 'We're Thinking Big' sat behind the stage, emblematic of both the energy in the room and attendees' expectations. Anticipated for many years, the mall's owner Oxford Properties , along with Alberta pension fund AIMCo called a press conference to announce The Square One District , a multi-decade project that will develop the sea of parking and open lots surrounding the built mall.
For scale, this project is akin to building The Well six times over. Aerial overview of the surrounding area, image via Google Maps. The space would feature street level retail, walkable parks, public art, and a transit hub that would connect to the future Hurontario LRT and local MiWay bus service. The LRT itself is set to begin construction this year, with Prabmeet Sarkaria, Associate Minister of Small Business and Red Tape Reduction, name dropping the infrastructure project as a primary reason for why the development is happening now.
The most unexpected element of the announcement was its immediacy. It will have over 34, square feet on one level and has been described as "offering local, handmade and high quality foods in a setting that embraces both new and old-world food emporiums". It will include an exceptional arrangement of specialty products as well as a place to socialize and dine with such features as tastings, cooking classes, dinner parties, book signings and other events.
According to Insauga , the Retail Council of Canada did a recent study about Canadian malls and released some very interesting facts. Download the Canadian Shopping Centre Study.
The study found that Square One is one of the top 10 malls in Canada in terms of sales by square feet. In square footage, it is also the largest shopping centre in Ontario and the third largest mall in Canada after the West Edmonton Mall.
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