Simon Partners With Ivanhoé On Fourth Canadian Outlet Mall

Simon Property Group is joining Ivanhoé Cambridge in the development of Premium Outlet Collection - Edmonton International Airport, a 428k SF centre with 100 retailers, many making their first Alberta appearance. Opening fall 2017, the outlet will be Simon’s fourth in Canada, along with Toronto Premium Outlets, Vancouver’s McArthurGlen Designer Outlets, and Premium Outlets Montreal. Ivanhoé, which has three Mills centres and three pure outlet centres nationwide, will develop and manage the Edmonton centre, and lease the property with Simon, which upon its completion will own 100 outlet centres.

Continue reading this story with a free account

Log in or register
Sign up for more articles like this
Subscribe to Bisnow's Toronto Newsletters
Related Stories

GGP To Redevelop Former Dick's Sporting Goods Store At Frisco's Stonebriar Centre

From Pandemic Darling To Cautionary Tale: Pickleball Clubs Face A Reckoning After Betting Big On Retail Space

Gwinnett Mall Project Stands To Benefit From Georgia's Opportunity Zone Picks

JLL: Holiday Spending To Rise Nearly 10%, But Shoppers Aren't Splurging On Gifts

Philly Restaurant Operators Avoid Percentage Rent, Tenant Improvement Deals

Kroger Plans 3 New Store Formats, 110 New Locations In Bid To Boost Sales

Food Hall Planned Near Broncos' Burnham Yard Stadium Site

Next Phase Of Amsterdamse Poort Redevelopment Kicks Off

Site Centers To Stop Trading As It Winds Up Operations

Los Angeles Trials Its Own Vacant To Vibrant Program

Why Boston Has One Of The Nation's Hottest Retail Markets

Paramount Pictures To Reopen Bay Theater In Palisades Village