Real estate firm Ivanhoé Cambridge has unveiled its latest plans for the development of an Outlet Collection shopping area at Edmonton International Airport in Canada.
The Outlet Collection retail area will be located in the airport’s shopping center, which has already been expanded by 65,000ft2 to accommodate more than 100 new stores. 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. The development is due for completion in 2017.
Paul Gleeson, executive vice president for global development at Ivanhoé Cambridge, said, “We are very pleased with the momentum of this exciting project, a natural evolution of our Mills and Outlet Collection banners. Based on the overwhelming success of our first Outlet Collection at Niagara, which opened in May 2014, and the Outlet Collection at Winnipeg which is to break ground this coming summer, we look forward to bringing this shopping experience with irresistible outlet brands to the people of the greater Edmonton market.”
Tom Ruth, president and CEO of Edmonton International Airport, said, “The Outlet Collection is a major development project that will not only attract new passengers and generate revenue that we can reinvest in our airport, it will help us continue to drive economic growth for the region. Our airport already creates over 10,000 jobs and generates over CA$1.5bn (US$1.2bn) in economic output.”
