Conestoga Mall (Waterloo, Ontario)
|Location||Waterloo, Ontario, Canada|
|Address||550 King Street North|
|Opening date||1978 |
|Developer||Ivanhoé Cambridge, Select Properties Limited|
|No. of stores and services||130 (+14 food court)|
|No. of anchor tenants||3|
|Total retail floor area||681,272 sq ft (63,292.2 m2)|
|No. of floors||1|
Conestoga Mall is a shopping mall located at 550 King Street North in Waterloo, Ontario, Canada. Located at King Street's interchange with the Conestoga Parkway, it is the largest shopping centre in Waterloo, and third-largest in Waterloo Region. The mall is owned and operated by the shopping centre development company Ivanhoé Cambridge, which is a principal real estate subsidiary of Caisse de dépôt et placement du Québec.
Conestoga Mall has over 130 stores and services. Food Court featuring 14 vendors and a Galaxy Cinema. Anchor tenants include Hudson's Bay, Zehrs, Galaxy Cinemas, Winners, Sport Chek, and Old Navy. The mall, built in 1978, was one of the only buildings on this section of King Street. Since it opened, the mall has been expanded several times, and has contributed to the retail success of this area. Several big box retailers have opened on King Street North around the mall.
Conestoga Mall underwent a major $75 million redevelopment project. The project began in mid-2006, and was completed in the spring of 2010. Details of the project include a 130,000-square-foot (12,000 m2) expansion on the south end of the property (recently completed), a renovation and upgrade to the existing building (under construction), a new 700-seat food court with a new south end mall entrance (under construction), and a pedestrian-friendly façade.
The redevelopment was also to include significant traffic improvements to the King Street entrance of the mall. The intersection of Conestogo Road and Kraus Drive were replaced with a roundabout at the City of Waterloo's request. A second entrance was added to King Street in the form of a right in-right out intersection. The traffic upgrades were paid for by Ivanhoé Cambridge as a condition of the City of Waterloo issuing a building permit for the expansion of the shopping centre.
The Bay (now "Hudson's Bay") was moved slightly to the south and was completely rebuilt into a larger store. The new prototype Bay at Conestoga Mall was the first "green" store in the company's portfolio - complete with environmentally-conscious measures such as solar panels, wind turbines, recycled carpet, and waterless urinals. The company also introduced higher end products such as Chanel cosmetics to serve Waterloo's growing affluence.
City of Waterloo Museum
Conestoga Mall donated 4,000 square feet (370 m2) in the new expansion to the City of Waterloo to establish a permanent museum for the city's heritage artifacts. Over 10,000 of the City's historical artifacts will be displayed in the City of Waterloo Museum. Waterloo's heritage collection has been mainly in storage over the past decade, with most of these artifacts coming from the closure of the Seagram Museum. The City of Waterloo Museum will be located between the new Bay store and food court entrance.
Loblaw Superstore controversy
Loblaw Companies, which operates the Zehrs chain of grocery stores, has owned a large parcel of land to the southwest of Conestoga Mall. Despite much controversy with local citizens and the City of Waterloo, Loblaw planned to close the Conestoga Mall Zehrs and replace it with a much larger approximately 175,000 square foot Real Canadian Superstore. The decision was to have been appealed to the Ontario Municipal Board, as the City of Waterloo was reluctant to approve the application for various reasons, the main being the land having to be rezoned to major commercial from industrial.
In September 2008, Loblaw sold its land holding to Intelligent Mechatronics Systems, a high tech company for $14.5 million. As of May 2009, this tech firm had completed renovations to the existing building on the site, and relocated its operations to this property. IMS plans to employ as many as 160 people within the coming years. Meanwhile, the Conestoga Mall Zehrs remains open.
- Galaxy Cinemas (40,123 sq ft. satellite building)
- Winners (26,116 sq ft.)
- Sport Chek (20,911 sq ft.)
- Old Navy (19,011 sq ft.)
- H&M (15,252 sq ft.)
- Robinsons - Opened in 1978. Robinsons went bankrupt in the early 1990s and Hudson's Bay opened in its place.
- K-Mart - Opened in 1978. K-Mart discontinued its operations in Canada and was then taken over by Zellers - became a Target store which opened in late fall 2013 and closed in 2015.
- Dominion - Opened in 1978. The Dominion location was converted to a Zehrs in the 1980s, and Zehrs later relocated to a new and larger location in the mall. In the previous grocery store space, Winners, Sport Chek, and other retailers opened in 1999.
- "Archived copy". Archived from the original on 2015-02-25. Retrieved 2013-08-15.
- "Conestoga Mall - stores, services". www.shopping-canada.com. Retrieved 24 January 2016.
- "City of Waterloo and Conestoga Mall launch a creative cultural initiative". City of Waterloo. Retrieved 2009-04-26.
- "Council Agenda: Monday, August 27, 2007". City of Waterloo. Retrieved 2008-04-08.[permanent dead link]
- "Waterloo Becomes Home to Canada's First Green Bay Store". CNW. Retrieved 2008-09-19.
- "City of Waterloo Museum". City of Waterloo. Retrieved 2009-10-08.
- "Archived copy". Archived from the original on 2007-08-28. Retrieved 2007-08-30.
- http://www.guelphmercury.com/pdfs/2007Oct23/A04.PDF[permanent dead link]
- "Residents pleased as Loblaws sells site". Waterloo Region Record. Retrieved 2008-11-25.
- "New high-tech headquarters overtakes Superstore plan". Waterloo Region Record. Retrieved 2008-11-25.
- Conestoga Mall Official Website
- Ivanhoé Cambridge Official Website
- Ivanhoé Cambridge Leasing Property Portfolio