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.
Cadillac Fairview’s plan to construct an addition to the Rideau Centre is approaching another key milestone at City Hall.
Tearing down the former Ogilvy’s department store will cost the owners of the Rideau Centre approximately $2.7 million, according to municipal records. By Kane Van Ee
Leasing discussions underway The Rideau Centre disclosed Thursday that it will soon begin an estimated $250-million renovation and expansion, which it hopes to complete by spring of 2015.