Occupying a site area of more than 500,000 square feet, this multi-billion-dollar project will be the largest single project undertaken by the Urban Renewal Authority (URA) affecting about 1,653 property interests and about 3,139 people. The mall â to be rebranded as Woodbine Village â has been a fixture in Etobicoke since 1985 both as shopping centre and the home of Fantasy Fair, Ontarioâs largest indoor amusement park. The name change to the present Centerpoint Mall took effect in 1990. delay of the Relief Line), such a change to the Yonge & Steeles intersection can only be regarded as positive change. CenterPointe was under contract to purchase the mall properties in West Glenwood but was unable to reach an extension agreement with mall owner Frank Woods. Prime retail redevelopment site Located at Yonge and Steeles, across from Centerpoint Mall Signalized intersection 2 levels of urban retail proposed, 3 level parking deck Site Size: 5.31 acres Building Size: 138,854 square feet Various size prototypes can be accommodated I'm pretty excited at the prospect of a subway station at Steeles and a redevelopment of CenterPoint Mall. With FRx, you can earn Frasers Points, pay in-store, redeem rewards, book events & facilities, make reservations and more - all from your phone. The redevelopment pattern focuses on compact, mixed-use neighborhoods with access to new civic and cultural uses, shopping, work, and public green space. The new mall is expected to cost the Public Investment Corporation Real Estate Managers (PIC Ream) about R260 million to complete. The project will be designed by the prominent consulting firm IBI Group. taal Senior Member. The Kwun Tong Town Centre project is one of the redevelopment projects announced by the Land Development Corporation in 1998. CenterPointe Development, the Arizona-based company that was interested in purchasing and redeveloping the Glenwood Springs Mall, is no longer pursuing the project. CenterPoint had groused that even the reduced retail space would be hard to fill on a Nicollet Mall corner that's far from the bustle surrounding ⦠Now, city officials and their developers are looking to ⦠A grid-based local street system is proposed to serve the neighborhoods, thereby allowing nearby residents to focus away from Warrenton Road. The razed former mall turned major mixed-used development opportunity known as Downtown Westminster has its first crop of residents. We deliver more than just a project: We manage the design and construction of retail real estate from beginning to end, managing every detail for clients in order to deliver the largest return on investment. Mall Redevelopment Strategies: Keeping Todayâs Malls Competitive By: Sam Black, contributing editor to Development magazine and an attorney and past chairman of the Washington, D.C., Smart Growth Alliance Winter 2015/2016 Regardless of other failures (e.g. Member Bio Joined May 19, 2007 Messages 6,656 Despite a lack of redevelopment for an open air mall, the mall was renovated in 2001 to modernize its appearance. Tap into a world of instant rewards and convenient services with the Frasers Experience (FRx) app. Initial reports suggested the redevelopment â¦