Thursday, March 14, 2019

Kildonan Place Mall to Expand

The three large Sears locations have remained stubbornly closed at Polo Park, St. Vital and Kildonan Place. It stands to reason that all of them have been looking for a large size replacement or at the very least two retailers to share the holes left by Sears.

For Kildonan Place, it is second time looking for a replacement after Target closed in their mall. This triggered one of their largest and expensive makeovers that added H&M, Marshalls and several others to the space. The closure of Sears must have made them say "not again."

However, with this closure might have come opportunity. The original Kildonan Place built in 1980 had a Dominion grocery store. The stores closed in western Canada leaving malls like Polo Park and Kildonan  scrambling to fill the space. Polo Park got a larger Safeway and Kildonan just replaced with other stores.

Today's malls do not have a large line-up of other large retailers ready to jump in the moment a competitor falters. Heck, with the closures of Payless and HBC Home/Outfitters and others, there are a lack of even mid to small retailers ready in the wings.

The closure of Target and the takeover of Safeway by Sobey's has represented opportunities for grocers to enter the Manitoba market who are new or have been on a long hiatus. Co-Op stores via the Competition Act took over some Safeways and now operate three grocery stores in Winnipeg through Red River Co-Op. The Grant Park location is presently going through a major makeover. The other new entrant is British Columbia-based Save on Foods which took over McPhillips old Zellers location, the old Polo park Future Shop location and built a band new Bridgwater location.

As for the biggies. Extra Foods stores have been converted to franchise-owned No Frills stores and some Safeway/Sobey's stores are being converted Freshco grocery stores. It has all been a bit of a whirl. Suffice to say though that grocery stores still have a bricks and mortar presence even in a delivery world.

Kildonan Place's old Sears is set for a grocery conversion. Best guess by most people is a Save on Foods location based on exterior design although no name appears just yet.

The store would face out to Regent based on the designs being presented to the city this week. As big as the grocer is though, the mall had some extra space as well as ideas left. It would appear the back space facing out to Reenders will be a new space and an upgrade for Cineplex Odeon movie theatres. No word on whether it will be the same six theatres or more.

Another huge improvement will be the food court which has always been undersized given the square footage of the mall.

It will be quite a sizable food court when done and much more of a gathering spot than what presently exists.
The new mall will see changes to the back end parking as well as entrances to street but more landscaping as well.

There are a few other spaces for some larger retailers who now presently known yet. In terms of costs this expansions will be tens of millions and that is on top the millions spent to convert the old Target location. It is a complete affirmation of the owners in the space and the largest refresh done since the mall was built.

This is also a shot across the bow for Polo Park and St. Vital as Kildonan will be the first to fill its space where Sears left while the two larger cousins may enter yet another Christmas with empty retail.

The rumour is that both malls are ready to make announcements soon. In other words, it is game on but we'll see just how retailing is changing in what comes.

2 comments:

Anonymous said...

I think that they should just move the Movie Theatre there and have Cineplex VIP as well as a Cineplex Rec Room.

Unknown said...

fyi, the sears at Garden City has been under construction with a Asian food store and Michaels coming in. so Kildonan Place is not the first sears to be converted.