Investments / Development

Development

Our development program is consistent with (and reinforces) Cadillac Fairview’s strategy of being an owner and manager of best-in-class shopping and office environments. We are investing in our existing assets to position them for stronger growth, to build in resilience to adverse economic conditions and to achieve predictable, stable returns.

We are introducing new tenants through expansion and/or renovation that enhance the company’s strategy. Also, we see ground-up development as a means of leveraging our expertise and expanding on our portfolio of high quality retail and office assets. We continue to pursue retail and office development opportunities as well as selective mixed-use development opportunities that are consistent with the company’s long-term goals.

UNDERWAY

  • Carrefour Laval- Laval, QC
    Food Court Consolidation and Relocation
    Area: 1.3 million sq.ft.
    Completion of new Food Court November 2009
    Food Court Consolidation to be completed 2010
  • York Centre - Toronto, ON
    New Construction
    Area: 841,000 sq.ft. 32-storey office tower
    Two condominium towers, 55 and 65 storeys (1100 units total)
    Completion 2012
  • Maple Leaf Square – Toronto, ON
    New Construction
    Area: 220,000 sq.ft. office
    109,000 sq.ft. retail
    168-room boutique hotel
    Two condominium towers (870 units total)
    Completion Summer 2010
  • The Residences at the Ritz-Carlton – Toronto, ON
    New Construction
    Area: 52-storey condominium/hotel
    267-room luxury Ritz-Carlton Hotel
    153-unit condominium development
    353-stall underground parkade
    Completion Fall 2010
  • RBC Centre – Toronto, ON
    New Construction
    Area: 1.2 million sq.ft.
    Completion 2009
    Anchor Tenants RBC Financial Group, RBC Dexia commenced move in June 2009
  • Shops at Don Mills – Toronto, ON
    New Construction
    Area: 1,300 mid-rise residential units
    Residences to be completed within 7-10 years
  • Chinook Centre – Calgary, AB
    Expansion
    Area:175,124 sq.ft.
    1,205-stall, two-level below-grade parkade
    Completion 2010
  • McAllister Place- Saint John, NB
    Shopping Centre Renovation
    Area: 469,000 sq.ft.
    Completion: March 2010