Published
Jan 25, 2019
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Saskatoon Centre Mall to see $43-million renovation

Published
Jan 25, 2019

The Centre mall in Saskatoon, SK, is about to get a $43-million facelift. 

Saskatoon Centre Mall to see $43 million facelift. - Morguard Real Estate Investment Trust

 
The money will go towards renovation projects for the shopping centre including modernizing the interior and exterior of the property, continuing development of the new Cineplex pad and continuing the refit of the former-Target space to welcome new retailers.
 
Work is expected to begin this year and be completed in 2020. The modernization will be performed in phases in order to minimize any inconveniences to guests and retailers. 

"The redevelopment will create a contemporary, connected space that can be enjoyed by our guests and existing tenants while paving the way for exciting new retailers and service providers in the future,” explained Margaret Knowles, Senior Vice President, Development at Morguard Real Estate Investment Trust, the owners of the mall. 
 
The shopping center’s interior will be updated with new flooring and ceilings, expansive skylights and an updated colour scheme, while the exterior’s entranceways will be modernized. The food court’s appearance and layout will also be updated and a new Guest Services kiosk will be added to connect Centre East and Centre West. 
 
Most importantly, the mall’s former-Target space will be refurbished in order to welcome new retailers as of later this year and through 2020.
 
The property was constructed in 1972 and renovated in 1995. It’s a regional shopping centre anchoring the east side of Saskatoon and contains over 100 stores. 
 
Earlier this month, the Retail Council of Canada launched its third annual Canadian Shopping Centre Study, which noted that most productive centres in Canada are continuing to invest into their retail operations, but that the country’s mid and lower-tier regional malls are still facing challenges. 

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