Jan. 15, 2014
. (NYSE: JWN) announced today plans to open a full-line store in the heart of downtown
at Toronto Eaton Centre, one of Canada's most iconic and best-known retail shopping destinations. Construction of the approximately 213,000 square-foot, three-level store is set to begin in
, with the store opening slated for fall 2016. Toronto
Centre is owned and managed by
The Cadillac Fairview Corporation Limited
"We're excited to be coming to downtown
at Toronto Eaton Centre," said
. "We want to serve those who live and work downtown as well the many visitors to the city and think Toronto Eaton Centre is a great place to do so."
"Our properties were the first to welcome Nordstrom to Canada, and we're thrilled to continue our partnership with Nordstrom in the opening of five of six of its locations in
, President and Chief Executive Officer,
. "We believe it takes foresight and innovation to bring popular retail brands like Nordstrom to our centres, which in turn attracts enthusiastic shoppers."
"We are excited to welcome Nordstrom to Toronto Eaton Centre," said
, Executive Vice President, Development,
. "Over the past three years we've spent
in enhancements to Toronto Eaton Centre. This second phase of redevelopment will include an additional
. We are delighted to have Nordstrom be part of this exciting venture as we continue to bring a premier urban retail shopping experience to the city."
Nordstrom Toronto Eaton Centre joins the five Canadian stores Nordstrom has previously announced as part of its first expansion into Canada. Nordstrom plans to open additional full-line stores and
stores as the company continues to grow in
is one of the leading fashion specialty retailers based in the U.S. Founded in 1901 as a shoe store in
, today Nordstrom operates 261 stores in 35 states, including 117 full-line stores, 141
and one clearance store. Nordstrom also serves customers through
and in the online private sale marketplace,
. Nordstrom, Inc.'s common stock is publicly traded on the NYSE under the symbol JWN.
About Cadillac Fairview
The Cadillac Fairview Corporation Limited is one of
largest owners, operators and developers of commercial real estate.
focuses on developing and managing high quality office, retail and mixed-use properties in
the United States
, as well as international investments in real estate companies and investment funds.
With a portfolio valued at more than
and its affiliates own and manage nearly 44 million square feet of leasable space at 73 properties across
, including some of Canada's landmark developments, such as Toronto-Dominion Centre, Toronto Eaton Centre, Pacific Centre and Chinook Centre.
is wholly-owned by the Ontario Teachers' Pension Plan, which invests to secure the retirement income of 303,000 active and retired teachers in