Masonville Place

Masonville Place
Location 1680 Richmond Street North
London, Ontario
N6G 3Y9
Opening date January 2, 1985
Developer Cadillac Fairview
Management Cadillac Fairview
Owner Cadillac Fairview
No. of stores and services 138
No. of anchor tenants 7
Total retail floor area 686,000 sq ft (63,700 m2).
No. of floors 2
Website www.cfshops.com/masonville-place.html

Masonville Place (known locally as Masonville or Masonville Mall, and corporately styled as "CF Masonville Place") is a two-storey regional shopping mall located in North London, Ontario at the southeast corner of Fanshawe Park Road and Richmond Street. The mall contains over 130 stores, several restaurants, and a food court. Masonville Place is anchored by several large retailers including Hudson's Bay, Forever 21, and Shoppers Drug Mart. The SilverCity Cinemas, are also located at the shopping centre, featuring a small arcade and an IMAX theatre.[1] It is owned by Cadillac Fairview Corporation Limited.

Masonville Place opened on January 2, 1985.[2] It was the first multi-level shopping centre in London. It was anchored by Sears, Eaton's, and Loblaws. Loblaws, which used to be under the SuperStore Warehouse banner (used for large-format Loblaw stores in the 1980s) opened on its own in late 1984, preceding the building of the rest of the mall.

Location

The shopping mall is located in North London, adjacent the transit corridor of Fanshawe Park Road and Richmond Street. It has a bus terminal for the London Transit Commission serviced by a number of routes, and is expected to be the terminus of one route on the planned London Rapid Transit system. [3]

History

Beginnings

Masonville Place was constructed by the Cadillac Fairview Corporation Limited, and opened in 1985.

Expansion

In 1991, Masonville expanded with 75 new stores and services including an indoor miniature golf course, which has since been removed, and replaced with more stores. A Zellers store was built in 1994. It was replaced by Target in 2013.[4] Target later closed all of its Canadian stores, leaving a vacancy in Masonville that has yet to be filled.[5] Masonville and Ciniplex have recently announced that they are looking into converting the vacant upper floor of Target to a Ciniplex branded recreation center.

In October 1998, the Loblaws store closed and a new standalone Loblaws was opened on the northeast corner of Fanshawe Park Road and Richmond Street. This was around the same time the Eaton's store was closed due to bankruptcy, and was replaced with The Bay.

Renovations

On October 29, 2013, Sears Canada announced that it would be closing its store at the mall and five other locations throughout Canada in a bid to reduce costs.[6] There were rumours that Nordstrom, an American retailer, was seeking to fill the space Sears had left, but these were dispelled in a 2013 when Cadillac Fairview announced its plans.[7]

On March 29, 2016, Cadillac Fairview announced that Masonville Place would receive major renovations during 2016.[8] The $77 million renovation will include a two-level mall expansion into the former Sears store, which had occupied an area of approximately 127,000 square feet.[9][10] The renovations and mall expansion are expected to be completed by November 2016 and will include London's first Disney Store, Zara, Hot Topic and Aroma Espresso Bar along with H&M and Atmosphere/Sport Chek. [11] The Keg will also be moving from Richmond Row in downtown London to occupy a portion of the space in the new renovation. [12] Other stores also moved into previously empty spaces such as American fashion company, Micheal Kors, and New York based makeup company NYX.

Stores

Anchors and majors

See also

References

Notes
  1. "CF Masonville Place Profile". www.cadillacfairview.com. Retrieved 2016-03-01.
  2. "Masonville Place - Regional mall in London, Canada". canada.malls.com. Retrieved 2016-03-30.
  3. http://www.lfpress.com/2015/05/22/city-hall-is-recommending-a-pair-of-corridors-to-serve-as-the-spines-of-londons-proposed-rapid-transit-system. Retrieved 2016-06-02. Missing or empty |title= (help)
  4. "Masonville Place - Regional mall in London, Canada". canada.malls.com. Retrieved 2016-06-02.
  5. http://www.lfpress.com/2015/01/15/shut-down-of-target-stores-will-leave-big-holes-in-retail-plazas-across-southwestern-ontario. Retrieved 2016-06-02. Missing or empty |title= (help)
  6. http://www.thestar.com/business/2013/10/29/sears_canada_to_sell_leases_for_its_flagship_torontos_eaton_centre_store.html
  7. http://www.am980.ca/2013/10/29/sears-closing/. Retrieved 2016-06-02. Missing or empty |title= (help)
  8. "Coming Soon A New Look". www.cfshops.com. Retrieved 2016-03-30.
  9. Daniszewski, Hank (2016-03-29). "'Relentless investment' fortifies Masonville". The London Free Press. Retrieved 2016-03-30.
  10. "$77M being invested into Masonville Place". London. CTV London. Retrieved 2016-03-30.
  11. Tariq, Hamza. "ZARA, H&M coming to Masonville as part of major redevelopment". The Gazette • Western University's Student Newspaper. Retrieved 2016-03-30.
  12. http://www.lfpress.com/2016/03/15/the-station-keg-moving-to-masonville. Retrieved 2016-06-02. Missing or empty |title= (help)

External links

Coordinates: 43°01′32″N 81°16′43″W / 43.02548°N 81.27874°W / 43.02548; -81.27874

This article is issued from Wikipedia - version of the 11/10/2016. The text is available under the Creative Commons Attribution/Share Alike but additional terms may apply for the media files.