Malton Compass 2016-06-22

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M A LT O N

COMPASS There is a lot to discover in Malton!

Volume 01 • Issue 01 • Summer 2015

www.maltonbia.com

I N THI S I S S UE Malton BIA Board RJ Publishing What is a BIA Malton Farmers Market Canada Day Community Corner Councillor’s Message New Private School Ridgewood Public School Topiarys celebrates 30 years

Westwood Square: The Revitalization Continues In September 2010, when Fieldgate Properties purchased Westwood Mall, they were faced with the reality of a owning a sizeable community shopping centre with significant vacancies consisting of over 120,000 sq. ft. with one large area formerly leased to Zellers. Negotiations commenced in 2012 with the two grocery stores – Food Basics and Fresco as it was Fieldgate’s ultimate goal to attract the world’s foremost retailer Wal-Mart to the site. Something that was impossible to achieve with both existing food retailers there. Ultimately, Food Basics was released from its obligation at Westwood Mall, which paved the way for the Wal-Mart opening in 2013. The revitalization of Westwood Mall had begun. Instead of searching for a large retailer to lease the former Zellers space, Fieldgate had the forward thinking vision to develop this two (2) story vacant space into what are known as “retail condominiums”. The consultation process with local community business organizations and leaders revealed crucial information that was to drive the next phase of planning at Westwood. There was a critical need to create retail opportunities for local businesses to grow and succeed. Owning retail space would be the most important factor, rather than traditional renting of space for these business owners. After a thorough research, planning and construction process; 268 retail and food use retail condominiums were opened in November 2014. Many aspects of Westwood Mall began to change. Although many shoppers still refer to Westwood as a “mall”, the name of the centre has been updated, known now as Westwood Square. This name is evident on the three new pylon signs that were installed along Goreway Drive, replacing worn, out of date signage that was original to the centre. continued on page 6

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