Negotiations are underway to have Target open up at the former Zellers location. At the moment they do not own the location. I believe this will be a great benefit to the area and give new life to the mall
There is also unfounded speculation that the Mall is up for sale.
One of the major issues is parking. This was the same issue that I had raised with both the mall owner (Fishman Group) and the condo developer (Malibu). Target is also concerned about its visibility, as the planned condos which will block the view of their signage from the street.
When the Mall decided to go condo they did not fully consult their Tenants nor was Target of their plans for development.
We are told that the north section condos have pre-sold about 300 units.
Things are currently in flux until some resolution among the parties is resolved.
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