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Simon Property Group joins retail expansion project at Edmonton International

Retail developer Simon Property Group has partnered with real estate firm Ivanhoé Cambridge to develop a new 100-store shopping district at Edmonton International Airport in Canada.

The 428,000ft² Premium Outlet Collection shopping center is scheduled to open in the autumn of 2017, and is ideally positioned to take advantage of the 6.5 million tourists that visit Edmonton each year. The project will see the area split into separate shopping districts, each with an enclosed ‘industrial chic’ environment. There will also be a large dining hall and a shuttle service linking the shopping center to the airport.

Mark Silvestri, chief operating officer of Simon Premium Outlets, said, “We are excited to team up with Ivanhoé Cambridge on what promises to be another great project and deliver the very best in outlet shopping to the many tourists and residents of the Edmonton area. This will be Simon’s fourth outlet center in Canada, joining very successful projects in Montreal, Toronto and Vancouver.”

Paul Gleeson, executive vice president, global development, Ivanhoé Cambridge, said, “We are delighted to join forces with Simon’s team of seasoned retail professionals on this great project. By the time we open this outlet center in the autumn of 2017, Ivanhoé Cambridge’s portfolio will include three operating Mills centers and three pure outlet centers in key Canadian cities.”

January 21, 2016





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