(Source: Calgary Herald)

CrossIron Mills, Alberta’s first new enclosed mall in over 20 years, is expected to attract eight to 10 million people per year through its doors which opened Wednesday in the Balzac area with a grand celebration and thousands of eager customers waiting to get inside.

Kim McInnes, executive vice-president and chief operating officer of Ivanhoe Cambridge which developed the shopping centre, said it will “usher in a new era” of shopping in Alberta.

“We’re quite confident that this mall will perform at a fairly high level given the significant amount of leasing interest and also (anchor tenant) Bass Pro Shops has already been open and is doing fabulous numbers,” he said. “So we’re quite confident that notwithstanding the economy, in the first year we’ll do fairly well . . . We expect it to perform at a fairly high level.”

Read Mario Toneguzzi’s full article “New megamall hopes to cash in on Albertans’ strong spending habits” in the Calgary Herald (August 19, 2009).

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