‘Chinese Walmart’ signs on as anchor tenant in mostly empty New Horizon Mall

CALGARY — Ten months after tenants started moving into the still mostly empty New Horizon Mall just north of Calgary, its first anchor tenant is being announced this week.

That means the grand opening originally scheduled for October could take place — at last — this spring, says Eli Swirsky, president of The Torgan Group, which developed the Asian bazaar-style centre in conjunction with its partner, MPI Property Group.

The Calgary anchor tenant is The Best Shop, which operates a store described as a “Chinese Walmart” in Toronto’s Pacific Mall, a similar shopping centre opened by The Torgan Group about 20 years ago.

Negotiations are nearing completion for an unnamed second anchor store, which Swirsky said is in food merchandising but not a restaurant or grocery store.

Con’t Reading