Saskatoon | March 22, 2011
Pillar Properties Corp. and Colliers International are pleased to announce six additional tenants joining University Heights Square, the 23-acre site on the corner of Attridge Drive and McOrmond Drive.
- Rock Creek Tap & Grill: Regina’s Rock Creek Tap & Grill expands to open Saskatoon location
- Bulk Barn: First Saskatoon east-side location
- Cherry Insurance: Saskatoon based company opens another location
- Hi-tech Video Gametraders: Fourth Saskatoon location
- Capelli Salon: New Aveda concept salon
- Elemental Spa: New spa providing an array of services including aqua-massage
Colliers International is marketing the development, the largest retail development in northeast Saskatoon. Ken Suchan and Keith Webb lead the Colliers leasing team on behalf of Pillar Properties.
“There is strong demand for retail services in University Heights with more than 30,000 people in the area and a projected population exceeding 45,000 – larger than the population of Prince Albert,” says Ken Suchan, vice president, Colliers International.
Construction of Phase I commenced in April 2010 with approximately 115,000 square feet of retail space to accommodate up to 27 tenants. It is currently 80% leased.
“The retail opportunities are leasing quickly due to the number of quality tenants in place,” says Keith Webb, vice president, Colliers International.
Opening March 2011
- Capelli Salon
- Elemental Spa
- Hi-tech Video Gametraders
- Little Caesars Pizza
- Bulk Barn
- Cherry Insurance
- Image Orthodontics
- Rock Creek Tap & Grill
- Kenderdine Medical Clinic
- One Tooth Active Wear
- Pet Planet
- Quiznos Sub Shop
- Shell Canada
- Shoppers Drug Mart
- The Wireless Age
- Tim Hortons
- Wok Box
Phase II commenced in August 2010 with the construction of an office complex along Nelson Road. The first tenancy in the completed two-storey office building is Investors Group, which is now open. Three additional buildings are planned for this phase.
A grocery store anchor-tenant is proposed.
Phase I Site Plan
Click here to view more information.
The retail development’s project team includes: developer Pillar Properties Corp. of Saskatoon; Edwards Edwards McEwen Architects of Saskatoon; general contractor Wright Construction Western Inc. of Saskatchewan; and leasing agent Colliers International of Saskatoon.
University Heights Square is centrally located in Saskatoon’s northeast quadrant on the corner of Attridge Drive and McOrmond Drive. It is surrounded by six established neighbourhoods and the planned Evergreen neighbourhood. University Heights Suburban Centre is a rapidly growing district of Saskatoon with Willowgrove’s single-family residential lots sold out and the new Evergreen neighbourhood ahead of schedule with 740 residential lots and over 40 acres of multi-family lots expected to be available this year.
About Colliers International
Colliers McClocklin Real Estate Corp., operating as Colliers International, is a leading global real estate services company that provides a full range of services to real estate occupiers, developers and investors worldwide. With offices in Saskatoon and Regina and a team of 150 professionals, Colliers is the largest commercial real estate service provider in Saskatchewan. The organization’s 15,000 employees span the globe in 480 offices in 61 countries. On a worldwide basis, Colliers manages more than 2.4 billion square feet and has revenue of $1.9 billion. Services include brokerage, property management, hotel investment sales and consulting, corporate services, valuation, consulting and appraisal services, project management, mortgage banking and research.
About Pillar Properties Corp.
Pillar Properties Corp. is a major landlord owning over 600,000 square feet of prime commercial real estate. A significant player in the Saskatoon office, industrial and retail property markets, Pillar Properties Corp. has 24 commercial buildings and 31 acres of development property. Founded and operated by Neil Evans and Basil Waslen, chartered accountants with a long history of real estate development and investment experience, Pillar Properties Corp. displays exceptional expertise in developing properties to fit tenant’s specific needs.
For further information please contact
728 Spadina Crescent East | Saskatoon, SK S7K 4H7 | Canada