The once-second tier Eaton Centre keeps getting better and better. Today, it was announced that Seattle-based Nordstrom, a long-time young professional (YP) must-hit shopping destination when in the US, will open a full-line store in the heart downtown (and right on the subway line) at the iconic Toronto Eaton Centre. The approximately 213,000 square-foot, three-level store is slated to open in fall 2016, with construction set to begin in March.
Naturally, we are excited. The leading luxury department store chain will replace the very tired Sears store, located at the north end of the mall, which is already on its way out. Over the past three years, The Cadillac Fairview Corporation Limited (the company that owns and manages the Eaton Centre) spent $120 million in enhancements to the mall, putting it back on the radar for stylish Toronto YPs with shops like the revamped Harry Rosen and Michael Kors. This second phase of redevelopment will include an additional $400 million.
“We’re excited to be coming to downtown Toronto at Toronto Eaton Centre,” said Karen McKibbin, President, Nordstrom Canada. “We want to serve those who live and work downtown as well the many visitors to the city and think Toronto Eaton Centre is a great place to do so.”
Nordstrom Toronto Eaton Centre joins the five Canadian stores (four of which will be owned by Cadillac Fairview) Nordstrom previously announced as part of its first expansion into Canada. Yorkdale and Sherway Gardens stores are also slated to open in 2016. We are a little jealous, though; Chinook Centre in Calgary will be the first Canadian location to open its doors, followed by Ottawa’s Rideau Centre in spring 2015 and Vancouver’s Pacific Centre in fall 2015. Nordstrom plans to open additional full-line stores and Nordstrom Rack stores as the company continues to grow in Canada.
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