SOURCE: Shape Property Management Corp.

November 01, 2016 09:00 ET

New Canadian Tire Opens at Destination: Deerfoot City

Another best-in-class retailer fuels Deerfoot City's rising momentum

CALGARY, AB--(Marketwired - November 01, 2016) - Canadian Tire is the newest addition to Destination: Deerfoot City's rapidly growing tenant roster. The 103,000 SF location has replaced the nearby Canadian Tire on Hunterhorn Road, offering shoppers a more spacious and modern shopping experience.

"We're excited to welcome Canadian Tire, one of Canada's truly iconic brands to Deerfoot City," says Darren Kwiatkowski, Executive Vice President of Development at Shape Properties. "Canadian Tire's impressive performance over the past several years has garnered wide spread accolades from industry observers and customers alike. The opening marks another key milestone for Deerfoot City, where we continue to see strong leasing demand and accelerated sales and traffic momentum despite the current economic challenges in Calgary."

The new Canadian Tire, located along the south side of the property next to the Cabela's which opened last fall, will host a four day grand opening celebration from November 3rd - November 6th. Visitors can look forward to savings, giveaways and hundreds of prizes to be won in-store.

Meanwhile, redevelopment of the former Sears store and construction of the new Deerfoot Boulevard high street retail zone continues. The redevelopment of the property has been segmented into distinct neighbourhoods enabling many of the retail stores that are currently open to operate during construction with little disruption. Learn more about the transformation at www.deerfootcity.com.

About Shape Properties: Shape Properties is a Western Canadian real estate investment and development company that is passionate about creating dramatically better places. Shape is currently leading the development of some of the largest and most exciting projects underway in North America. For more information, visit www.shapeproperties.com.

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Contact Information

  • Media Contact:
    Tamara Tasaka
    Marketing Manager
    Shape Properties
    604.694.2257
    tasaka@shapepm.com