Quebec city mall gets another big investment
Quebec City's largest mall Les Galeries de la Capitale is getting another facelift that will include the inauguration of a new amusement park.
The shopping centre, owned by Oxford Properties Group and Canada Pension Plan Investment Board, announced on Wednesday a $52 million investment to revamp the mall’s amusement park, which has been around for more than 30 years.
The new investment follows an expansion and modernization process which began at the end of 2014, at a cost of about $150 million.
"Construction of the new Méga Parc is another step in the mall's efforts to update its offering and once again demonstrate its commitment to remaining a dominant player in the market as THE can't-miss destination for shopping, dining, and entertainment in Quebec City," said Stéphan Landry, Director and General Manager of Les Galeries de la Capitale, in a news statement.
“Since the first phase of development, close to $200 million in investments have been announced for various projects, including building the new Méga Parc, renovating common areas, modernizing the Espace Gourmet dining area, developing the upcoming 'next-generation' Simons department store, and bringing in a number of new stores.”
Over the past year, Les Galeries de la Capitale has welcomes a number of new retailers including Sephora, MEC, Urban Planet, Rinascimento, Soft Moc, and Bijouterie Monaco. In the coming months, the mall will also welcome MAC, Clarks, Jean-Paul Fortin, Michael Kors, and L'Occitane.
Construction on the Méga Park is slated to begin on September 5 and will extend over a period of 18 months.
It is located at 5401 boulevard des Galeries, Québec City.
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