Pearson Plaza

Pearson Plaza
Location Elliot Lake, Ontario, Canada
Coordinates 46°22′58″N 82°38′44″W / 46.38278°N 82.64556°W / 46.38278; -82.64556Coordinates: 46°22′58″N 82°38′44″W / 46.38278°N 82.64556°W / 46.38278; -82.64556[1]
No. of stores and services 20-22
No. of anchor tenants 2
Total retail floor area over 60,000 square feet (5,600 m2)[2]
Parking Ground level

Pearson Plaza is the tentative/construction name of a shopping mall under construction in Elliot Lake, Ontario.[3] Located on the site of the former Nordic Hotel (later Huron Lodge), at Hillside Drive South and Ontario Avenue, it is less than a kilometre south of the former Algo Centre Mall, demolished after a tragic collapse.

Originally planned to open in fall 2015,[4] the mall's first store, a Foodland grocery store, officially opened on April 1, 2016.[5]

Due to the Algo Centre situation, and the tremendous social and economic impact it had on Elliot Lake as a small city with few other major retail outlets, the project was funded almost entirely by the provincial and federal governments.[6] The Government of Ontario and the Government of Canada each provided $1 million in funding, with the remaining $1.5 million being provided via an amortized loan from Infrastructure Ontario.[6]

Pearson Plaza was designed as a single floor complex with a series of big box stores to be anchored by Foodland and Canadian Tire, and the number of retail tenants totaling 20 to 22.[3][7]

The land purchase for the new mall was completed by developer Ron McCowan in March 2014 but by October construction on the property had not been started.[8]

The development name Pearson may refer to The Right Honourable Lester Pearson, the Nobel Peace Prize-winning former Prime Minister of Canada, who served as the MP for Algoma East, including Elliot Lake, from 1948 to 1968.

References

  1. McSheffrey, Kevin (2013-05-13). "A few stores to be in Pearson Plaza named". Elliot Lake Standard. Retrieved 2013-05-14.
  2. McSheffrey, Kevin (2012-09-19). "Elliot Lake's Pearson Plaza Development project growing". Elliot Lake Standard. Retrieved 2013-05-14.
  3. 1 2 "New Elliot Lake mall scheduled for completion by end of 2013". CTV News. 2012-10-31. Retrieved 2013-01-13.
  4. Briggs, David (2012-10-31). "EL council selects Pearson Plaza developer". Elliot Lake Standard. Retrieved 2013-01-13.
  5. "Elliot Lake's new mall opens 4 years after fatal mall collapse". CBC News, April 1, 2016.
  6. 1 2 "Site prep underway for Elliot Lake plaza". Northern Ontario Business, June 13, 2013.
  7. Briggs, David (2012-11-27). "McCowan & Associates update on Pearson Plaza". Elliot Lake Standard. Retrieved 2013-01-13.
  8. Friscolanti, Michael (October 13, 2014). "Elliot Lake: Still shopping for a new mall". MacLeans Magazine. Rogers Media. Retrieved 19 December 2014.

External links

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