It was long suspected but today it was announced the Saks Fifth Avenue’s OFF 5TH discount store would be one of the major tenants in Outlets Collection of Winnipeg.
Today it was confirmed by Ivanhoé Cambridge that the store will anchor the development in 2017 across from Seasons of Tuxedo.
Work is in earnest on the factory outlet mall already with Porsche and Audi indicating they will be building two new dealerships on the site.
The 32,191 square foot store will have some size to it and today announcement is likely to draw other top retailers to firm up their plans and sign leases in the mall. The 117 acre site is expected to cost $200 million when complete.
Expect more announcements soon.
This has been a guest editorial by John Dobbin.
To read more from John, visit his blog Observations, Reservations, Conversations
