$54-million investment by Cadillac Fairview
Laval, November 4th, 2009— Today, The Cadillac Fairview Corporation Limited inaugurates the completely renovated Carrefour Laval shopping centre, after an intensive 14-month construction period. Featuring a brand-new Dining Terrace, characterized by high-quality service, ambience, food presentation and a variety of cuisines that are keyed to the tastes of today’s consumers, this $54-million investment is designed to put culinary diversity on the menu for shoppers.
“With the Dining Terrace, we are reinventing the shopping centre dining experience in Canada. Our daring, new food area concept offers a stylish environment that puts the accent on consumer comfort,” emphasizes Manon Parisien, Vice-President, Eastern Canada Portfolio, for Cadillac Fairview.
She adds: “We are proud and privileged to have secured the exemplary co-operation of all our restaurant owners, who have revolutionized their practices to bring the concept developed by Cadillac Fairview to life. This collective desire to create an exceptional site and an exclusive experience for consumers looking for healthy and varied food options will make the Dining Terrace a top destination.”
More spacious
The Dining Terrace features a spacious, contemporary and streamlined environment, offering traditional dining choices alongside refined cosmopolitan cuisine. The menu caters to all tastes and all ages, ranging from sushi to Thai and Indian cuisine, salads, a healthy juice bar, gourmet delicacies, teas from around the world and much more. In the pavilions, consumers can even watch the chefs as they prepare grilled dishes, salads and Mediterranean specialties. Taking its cue from public markets, the Dining Terrace also features fresh-food shops, offering breads, pastries, fine chocolates and Italian gelato that will delight epicureans.
The Dining Terrace can accommodate 1,200 people with 25 per cent more seating capacity than the two previous food courts combined.
Greener
Mindful of consumer concern for the environment and in keeping with Cadillac Fairview’s national sustainability program, known as GREEN AT WORK™, Dining Terrace operators have all agreed to eliminate styrofoam and plastic dishes and cutlery from their tableware, in favour of custom-designed dishware for Carrefour Laval. Consequently, Carrefour Laval now uses leading-edge, energy-efficient dishwashing equipment, and sends organic waste to a composting centre.
Phase 2
Renovations to the former food court, the final phase in the $54-million investment project will begin this week and is expected to be completed by fall 2010.
Carrefour Laval
Officially opened in March 1974, Carrefour Laval has a gross leasable area in excess of 1.3 million square feet. It houses more than 300 stores and services under one roof, including renowned retailers such as La Maison Simons, The Bay, Sears and Rona l’Entrepôt. More than 11 million consumers shop at Carrefour Laval each year.
Co-marketed as the Fashion Centres – Carrefour Laval, Promenades St-Bruno, Galeries d’Anjou and Fairview Pointe Claire – are well-known landmarks within the Greater Montreal Area. With a combined total of more than 900 stores, the Fashion Centres are a dominant network in the retail industry.
The Cadillac Fairview Corporation Limited
Carrefour Laval is owned by The Cadillac Fairview Corporation Limited, one of North America's largest investors, owners and managers of commercial real estate. For more than 50 years Cadillac Fairview has been leading the way in commercial real estate with innovative design, development and management.
Cadillac Fairview focuses on developing and managing high quality office properties and regional shopping centres in Canada and the United States, as well as international investments in real estate companies and investment funds. With a portfolio valued at more than $17 billion and 50 million square feet of leasable space, Cadillac Fairview and its affiliates own and manage 86 properties across North America, including some of Canada's landmark developments, such as Toronto-Dominion Centre, Toronto Eaton Centre, Chinook Centre and the Montreal Fashion Centres.
Cadillac Fairview is wholly-owned by the Ontario Teachers' Pension Plan, which invests to secure the retirement income of 284,000 active and retired teachers in Ontario. For details, please visit cadillacfairview.com
