Oxford Properties Group and Canada Pension Plan Investment Board have put another $40M toward renos at Galeries de la Capitale, part of a strategy aimed at bolstering the 2M SF mall’s position as Quebec City’s top shopping and entertainment destination. The new funds, complementing a $50M redevelopment launched last year, will fund the renovation of common areas, including all mall entrances and corridors to improve circulation. An expanded 26k SF H&M, Quebec City’s largest, opened at Galeries de la Capitale last fall. This spring will see the arrival of Old Navy and BCBG. (Target departed the shopping centre last spring).
Related Topics:
BCBG
, Canada Pension Plan Investment Board
, Galeries de la Capitale
, H&M
, Old Navy
, Oxford Properties Group
, Quebec City
, Target Canada
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