The new Oshawa Centre celebrates its grand opening today

Oshawa, Ontario, September 29, 2016 – Today and throughout the weekend, Oshawa Centre celebrates the completion of its highly anticipated $230 million expansion and redevelopment. The grand opening was attended this morning by a large number shoppers and dignitaries including Oshawa Mayor John Henry. Visitors enjoyed live entertainment, acrobats, giveaways and more.

“This is a very special day and we are excited to share it with the community,” said Claude Sirois, President, Retail, Ivanhoé Cambridge. “With an exciting new retail mix and dining options, the new Oshawa Centre provides an enriched shopping experience for the Durham Region, as well as for all our visitors from Toronto.”

Highlights of the expansion include:

• 375,000 ft2 (34,839 m²) of redeveloped retail space, including an expansion of 260,000  ft² (24,155 m²);
• 60 new brands;
• A new 1,000-seat sophisticated food court and two new full-service restaurants: Kelsey’s (opened in August 2016) and Baxter’s Landing (December 2016);
• A 153 m-long “living wall” which provides a landscaping screen to the parking area;
• Two new electric vehicle charging stations;
• A 260,000 ft² (24,155 m²) white roof (painted with solar-reflective white coating) that reduces air pollution and greenhouse gas emissions;
• Improved recycling facilities;
• 250 underground parking spaces;
• New upgraded common-area elements, such as floor and ceiling treatments and comfortable seating;
• LEED® Canada Core and Shell certification.

“We are proud of our team, which has worked very hard to make the new Oshawa Centre a destination that delivers everything you want at your doorstep,” said David Baffa, Senior Vice President, Retail Development, Ivanhoé Cambridge. “The expansion impacts the community by providing more great stores to choose from, an environmentally responsible design and brings approximately 1,000 new full-time and part-time jobs to the region.”

The full list of the new retailers at Oshawa Centre:

Oshawa Centre continues the celebrations throughout the week with the #OCSweetTreat Mobile Boutique that will be handing out delicious treats all weekend long. Snap and share your treat on social media with the #OCSweetTreat hashtag to win a $2,000 shopping spree and style session with OC Style Icon Renee M. LeBlanc.

The fun continues with more than $4,000 in prizes given away daily at the #OCCelebrates vending machine and family-fun activities, including face painting, balloon artists, food stations and a live mural painting by artist Joaquin Manay from Robert McLaughlin Gallery.

Please visit www.oshawacentre.com for more information. Follow on facebook.com/oshawacentre, Twitter @OshawaCentre, and Instagram @oshawacentre and join the celebration on social media using the #OCCelebrates hashtag.

Note to editors: a photo of the ceremony is attached to this news release. It is available on request and on newswire.ca.

About Oshawa Centre

Built in 1956 as an open-air shopping centre, Oshawa Centre (OC) has been an integral part of the Durham Region for nearly 60 years. OC stands alone as the largest super-regional shopping centre in the eastern portion of the GTA at 1.2 m ft² (111,500 m²). With over 250 retailers, OC creates a unique shopping experience with sought-after brands including Aritzia, Saje, Victoria’s Secret, Sephora, lululemon, Pandora, H&M and Town Shoes. Following a $230 million investment, OC has added 260,000 ft² (24,155 m²) of retail space, up to 60 new stores, a 1,000-seat food court and 2 new restaurants. With Oshawa Centre’s powerful retail mix, it consistently remains among Canada’s top sales performers and attracts over 9 million shoppers annually. Oshawa Centre was one of the first to be recognized for excellence in environmental management and performance, achieving BOMA BEST Level 4 certification. The centre will continue its exceptional leadership in sustainability and environmental practices.

About Ivanhoé Cambridge

Ivanhoé Cambridge, a global real estate industry leader, invests in high-quality properties and companies in select cities around the world. It does so prudently with a long-term view to optimize risk-adjusted returns. Founded in Quebec in 1953, Ivanhoé Cambridge has built a vertically integrated business across Canada. Internationally, the Company invests alongside key partners that are leaders in their respective markets.

Through subsidiaries and partnerships, Ivanhoé Cambridge holds interests in close to 500 properties, consisting primarily in office, retail, residential and logistics real estate. Ivanhoé Cambridge held more than Cdn$55 billion in assets as at June 30, 2016. The Company is a real estate subsidiary of the Caisse de dépôt et placement du Québec (cdpq.com), one of Canada’s leading institutional fund managers. For further information: ivanhoecambridge.com.

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