Kings Place Mall
| Kings Place | |
|---|---|
General information | |
| Location | 440 King Street, Fredericton, New Brunswick, Canada |
| Opened | 1974 |
| Technical details | |
| Floor area | 290,000 sq ft |
| Design and construction | |
| Developer | The Hardman Group |
| Other information | |
| Number of stores | 30 |
| Parking | 417-car parkade |
| Website | |
| kingsplace | |
Kings Place is a mixed-use office and retail complex in downtown Fredericton, New Brunswick, Canada. Located at 440 King Street, it consists of two office towers connected by ground-level retail space.[1] The complex opened in 1974 and is one of the largest mixed-use developments in the province.[2][3]
History
Kings Place was developed by The Hardman Group in the early 1970s.[2] The main complex was completed in 1974.[2][4] An expansion completed in 1976 added 10,000 square feet of office space.[2]
A food court was added in 1994.[2] A major renovation was completed in 2001.[1][5] In April 2002, Fortis Properties acquired Kings Place for $27.7 million.[6]
Kings Place remains Fredericton's main downtown shopping centre and contains more than 30 shops and services.[7]
Closures during the 2010s–2020s
By the mid-2010s, Kings Place had seen a growing number of vacant retail units, with space in the downtown mall going unfilled as businesses moved out.[8] Losses during that period included the closure of the mall's longtime Second Cup location in late 2018. It was replaced by Starbucks in 2019, which also closed in 2023.[9][10]
Despite the decline in retail, Kings Place has continued to serve as a major transit and office complex. Fredericton Transit has a major transfer point station along King Street.[11][12]
References
- ^ a b "Kings Place". Ravelin Properties REIT.
- ^ a b c d e "Commercial". The Hardman Group.
- ^ "Renewal annual information form for the year ended December 31, 2002" (PDF). Fortis Inc. April 15, 2003.
- ^ "Annual Information Form 2014" (PDF). Slate Office REIT. November 4, 2014.
- ^ "Annual Information Form 2014" (PDF). Slate Office REIT. November 4, 2014.
- ^ "Renewal annual information form for the year ended December 31, 2002" (PDF). Fortis Inc. April 15, 2003.
- ^ "Kings Place Mall". Fredericton Capital Region.
- ^ "Retail space going unfilled in Fredericton's Kings Place Mall". CBC News. May 2021.
- ^ "Starbucks Will Replace Second Cup In Fredericton's Kings Place Mall". Huddle.Today. January 2, 2019.
- ^ "Starbucks leaving Kings Place Mall this month". Telegraph-Journal. February 1, 2024.
- ^ "Fredericton Transit". City of Fredericton.
- ^ "Fredericton Transit is officially open for business -- on Sundays". City of Fredericton. June 23, 2024.
External links