Toronto, ON – September 22, 2016 – The International Council of Shopping Centers (ICSC) recognized Canada’s most innovative shopping centres for outstanding achievement in marketing, development and design, and retail store design with its award recipients for the 2016 Canadian Shopping Centre Global Awards. Cadillac Fairview is pleased to announce it has been recognized for the following redevelopment projects:
CF Pacific Centre: Mixed-use redevelopment - Maple Leaf Gold Award
Cadillac Fairview announced a multi-million dollar redevelopment at CF Pacific Centre in fall 2012. The redevelopment would significantly transform the former Sears building extending CF Pacific Centre from West Georgia Street to Robson Street and solidify the property’s reputation as the city’s pre-eminent downtown, mixed-use retail and office complex. CF Pacific Centre’s redevelopment of 725 Granville exemplifies the transformation of an existing building that is no longer in alignment with current urban design initiatives. Cadillac Fairview’s adaptive reuse and repair approach of existing urban structures perfectly complemented the goals of the city of Vancouver - to achieve “Greenest City” status by reducing the ecological footprint of new developments. The redevelopment has established a new standard for the successful renewal of a commercial building at the scale of an entire city block.
CF Sherway Gardens: Expansion and dining hall redevelopment – Maple Leaf Silver Award
The redevelopment of CF Sherway Gardens was highlighted by the 325,000 sq. ft. North Expansion at the centre. Construction began in February 2013, and the centre celebrated the grand opening of the expansion on September 22, 2015 welcoming a new Harry Rosen flagship store, a relocated Sporting Life and a new, second-level Gourmet Fare. The expansion project included renovations, the replacement of ceilings and lighting, the existing limestone flooring was repaired and replaced where required, and enhancements were made to the parking area with the addition of a 1,200 stall, three-storey parking garage constructed in the north area of Hudson’s Bay and west of the expansion.
CF Promenades St-Bruno: Retail and dining hall redevelopment - Maple Leaf Silver Award
The CF Promenades St-Bruno renovation was the first phase of a planned, multi-year redevelopment of the site, which modernized entrances, landscaping, interior washrooms, retail offerings and a brand new elevated dining experience, the District Gourmand full-scullery food hall. The renovation also involved a change to neutralize the common areas allowing the retail presentation to dominate the overall shopping experience. The renovation was accomplished over a 24-month period, from project kick-off to the grand opening in September 2015.
“We are incredibly proud to be recognized by ICSC for our redevelopment projects at Cadillac Fairview,” commented Wayne Barwise, Executive Vice President of Development, Cadillac Fairview. “We are honoured and humbled to be included amongst such a high caliber of organizations. Each of these projects required years of planning, development and execution and we are honoured to receive this prestigious award from industry peers.”
ICSC announced the winners of the 2016 ICSC Canadian Shopping Centre Awards during an awards ceremony at ICSC’s Canadian Convention in Toronto. In addition, all 2016 Maple Leaf Gold winners are automatically eligible to win ICSC's VIVA (Vision, Innovation, Value, Achievement) Best-of-the-Best Award. The ICSC VIVA Best-of-the-Best Awards, which recognize the shopping centre industry’s most cutting-edge properties, innovative solutions and creative responses to market trends throughout the world, were presented at ICSC's annual convention, RECon on September 21 in Las Vegas, NV.
For more information on Cadillac Fairview, visit www.cadillacfairview.com.
About Cadillac Fairview
Cadillac Fairview is one of the largest owners, operators and developers of best-in- class office, retail and mixed-use properties in North America. The company also invests in retail, mixed-use and industrial real estate in Brazil, Colombia and Mexico.
Valued at more than $29 billion, Cadillac Fairview owns over 38 million square feet of leasable space at 72 properties in Canada, including landmark developments, such as Toronto-Dominion Centre, CF Toronto Eaton Centre, CF Pacific Centre and CF Chinook Centre. Cadillac Fairview has been wholly owned by the Ontario Teachers’ Pension Plan since 2000. Ontario Teachers’ is a diversified global investor and administers the pensions of more than 300,000 active and retired school teachers.