Niagara Square (shopping centre)

From Wikipedia, the free encyclopedia
For the public square in Buffalo, New York, see Niagara Square.

The Niagara Square was a shopping centre and former mall in Niagara Falls, Ontario, Canada. The Niagara Square opened in 1977. The interior of the mall was closed in 2017, while some stores remained open in the exterior.[1] Before its closure, the Niagara Square was a 36,000-square-foot (3,300 m2) shopping centre with 83 units.[2] In 2019, the property began its redevelopment and as of December 2020, the majority of the original interior mall has been demolished, with the exterior businesses open and intact.

History[]

In January 2007, The Bay location at Niagara Square closed and left 100,000 square feet of vacant space. In April 2007, the marketing director for the mall, Tammy Robertson, announced that a Mandarin Restaurant, Michaels crafts store and a JYSK furniture store would open within this space.[3]

Demolition and redevelopment[]

In April 2017, the mall closed. Demolition of the mall's interior began in the spring of 2019. Two banks that were previously located within the interior, BMO and CIBC, relocated into the mall's outbuildings.[4]

The co-owners of the property, Bayfield Realty Advisors and LioCan Real Estate Investment Trust Co., invested 25 million dollars into the demolition and revdevelopment of Niagara Square.[2][5]

Bayfield Realty Advisors met with Jim Diodati (the mayor of Niagara Falls) and city staff to discuss redevelopment. Costco, a warehouse retail outlet, selected the property as their next store location. The store opened on November 13, 2020.[6] The cost for construction has not been specified, but the Bayfield company has included it as part of their multi-million dollar investment to redevelop the property.[7] In total, the Costco store is 150,000 square feet. The interior of the shopping mall has been demolished, and is planned as parking lot space. The store itself is located along the back of the property.[8]

References[]

  1. ^ Spiteri, Ray. "The 'rebirth' of Niagara Square". The Standard. The Niagara Falls Review. Retrieved 8 December 2019.
  2. ^ a b "Redevelopment starts at Niagara Square". The Standard. Retrieved 8 December 2019.
  3. ^ "Niagara Square fills empty space". Niagara This Week. Retrieved 8 December 2019.
  4. ^ Langley, Alison. "'Full steam ahead' for Niagara Square revitalization project". The Standard. The Niagara Falls Review. Retrieved 8 December 2019.
  5. ^ "Niagara Square". The City of Niagara Falls Business Development. Retrieved 8 December 2019.
  6. ^ https://www.connectingniagara.com/site/blog/2020/11/13/new-costco-opens-niagara-falls
  7. ^ Forsyth, Paul. "Niagara Falls lands Costco store at Niagara Square". Niagara This Week. Retrieved 8 December 2019.
  8. ^ Howard, Gord. "Costco confirms plan to open Niagara Falls store in 2020". The Hamilton Spectator. Retrieved 8 December 2019.

Coordinates: 43°03′59″N 79°07′31″W / 43.06640°N 79.12523°W / 43.06640; -79.12523

Retrieved from ""