The company has been seeking Ottawa store space for almost a decade. H&M's Bayshore store will be located on the main level of the mall's former Zellers store, which is being renovated and reconfigured. Target will occupy the third floor of that same former Zellers store.
Ottawa's Bayshore Shopping Centre is undergoing an expansion and renovation that will see its size increased to about 915,000 square feet from a current 700,000 square feet. The entire project will cost about $200 million. 56 new stores will be added including the new Target store. The expansion should be completed some time in 2015.
A source at Cadillac Fairview tells us H&M is also negotiating space at Ottawa's Rideau Centre. Ottawa's Rideau Centre is also undergoing a significant expansion which will include a new Nordstrom, a relocated food court and a La Maison Simons store we reported on last month.
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H&M website: www.hm.com/ca
Bayshore Shopping Centre website: www.bayshoreshoppingcentre.com