Holt Renfrew plans major expansion at Pacific Centre


Tuesday, January 24th, 2006

Sun

Pacific Centre will lose about 20 retail tenants by the end of this month as they make way for upscale fashion retailer Holt Renfrew’s plan to open a new 121,000-square-foot store at the north end of the downtown Vancouver mall by the spring of 2007.

Old Navy has closed its Pacific Centre outlet, while other mall retailers, including Da Mincci Jewellers, Grafton & Co., Bentley, and Payless Shoe Source, hold closing-out sales to prepare for their exits.

Cadillac Fairview vice-president Stuart Swain said some tenants will be found other space in the mall, but details remain to be worked out. Pacific Centre’s food court will move to the “Bay wing” in the south portion of the mall by the end of this year.

Holt Renfrew will move from its existing 67,000-square-foot location on the south side of the shopping centre, leaving space to be filled by other retailers.

A Holt Renfrew spokesman said very little about the company’s plans for its new flagship Vancouver store, but revealed it will be designed by noted New York interior design firm Janson Goldstein.

Swain said company officials are negotiating with the City of Vancouver over public space issues associated with the redevelopment, noting much of the discussion involves the new Canada Line transit station, which will be under Granville Street, between Robson and Georgia.

© The Vancouver Sun 2006



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