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 August 2010 - York Centre, ICE Phase 1, Condominium- Toronto, ON
New Construction
55-storey condominium tower (578 units)
Completion Winter 2013 - 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 - Ritz-Carlton Hotel and Residences – Toronto, ON
New Construction
Area: 52-storey condominium/hotel
267-room luxury Ritz-Carlton Hotel
153-unit condominium development
353-stall underground parkade
Completion September 2010 - Chinook Centre – Calgary, AB
Expansion
Area:175,124 sq.ft.
1,205-stall, two-level below-grade parkade
Completion 2010 - Toronto Eaton Centre- Toronto, ON
Renovation of common areas and north and south food courts
Completion April 2013