The former Cineplex Odeon at Park & Tilford will be replaced by a Winners store later this year.
Cineplex temporarily shuttered all of its theatres at the beginning of the pandemic and in May 2020, the theatre company .
TJX Companies, which owns the discount fashion retailer Winners, and BentallGreenOak, the company that manages Park & Tilford, have confirmed a new store is in the works.
“Winners will be an anchor tenant at Park & Tilford. It will be 28,000 square feet and it will be a retail complement to Save-On-Foods,” said Andrew Lowther, vice-president leasing Western Canada for BentallGreenOak.
The site has been under construction for months as contractors revamp the space.
“There’s been a lot of work to convert it from the old, sloped-floor theatre premises to a flat-floor, properly loaded, entranced retail unit,” Lowther said.
A date has not yet been set for the Winners to open but it is likely between summer and early fall, the two companies stated.
There is another Winners store at Lynn Valley Centre, just 3.5 kilometres up Mountain Highway but Lowther said he expects they will serve different subsets of customers.
“They’ve joined us as a result of the market opportunity they see at our Park & Tilford. Its geographic location is outstanding. It’s very accessible from the highway and along Main Street and Cotton Road,” he said.
More than 200,000 people live within five kilometres of Park & Tilford with an average household income of more than $126,000 per year, according to the company’s marketing materials.
The Save-On-Foods within Park & Tilford is also set for a “very, very extensive” renovation, starting this year, Lowther said. The store will remain open while the work is phased, he added.