One prominent retail analyst says the move could pave the way for a new wave of residential development at the site, which includes about 170,000 square feet of commercial space.
Traffic at Ottawa malls is soaring after a blue Christmas in 2020, paving the way for what one analyst says could be a December to remember for the beleaguered retail sector.
KingSett Capital is now sole owner of the region’s second-largest shopping mall after purchasing Ivanhoe Cambridge’s 50 per cent stake in the west-end plaza.
While Santa might not be coming to their properties and surveys suggest Canadians aren't in a spending mood, several local mall managers are seeing signs of hope amid the gloom.
As unpaid rents spike in malls across Canada, retail experts say shopping centres will need to reinvent themselves if they want to remain viable – and Ottawa is no exception.
The first phase of a plan to replace the Lincoln Fields Shopping Centre with a mix of new retail and commercial space goes before the city’s planning committee this Thursday
Buoyed by new tenants and other attractions, regional shopping centres like Bayshore and Rideau Centre predict strong finish to 2019
While few are expecting a Liberal minority to bring Ottawa to new economic heights, local observers are satisfied that the next few months will be business as usual in the nation’s capital
After 20 years of having nowhere to host sports tournament attendees or out-of-town visitors, Barrhaven is finally getting two hotels – with the possibility of more on the way
With Lincoln Fields Shopping Centre set to be totally rebuilt, OBJ looks at whether community retail plazas still have staying power in a world of e-commerce and changing consumer buying habits