| Location | Saskatoon, Saskatchewan, Canada |
|---|---|
| Address | 1715 - 1747 Preston Avenue North |
| Opening date | Fall 2002 |
| Developer | Rencor Developments Inc. |
| Management | Harvard Property Management Inc. |
| No. of stores and services | 15 |
| No. of anchor tenants | 4 |
| Total retail floor area | 432,000 square feet (40,100 m2) |
| Parking | 1820 |
| No. of floors | 1 |
| Website | Preston Crossing |
Preston Crossing is a big box shopping area in Saskatoon, Saskatchewan, Canada. It is located at Preston Avenue North and Circle Drive and was the first major big box shopping area in Saskatoon, other than minor ones like River City Centre.
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Preston Crossing's development coincided with the construction of an overpass over Circle Drive linking Attridge Drive to a realigned Preston Avenue North.[1] 46 acres (190,000 m2) of land, owned by the University of Saskatchewan, was marked for commercial development. The university paid for the initial water, sewer and roadway construction; in exchange, it leases the land to retail tenants and the revenue goes into its Land Endowment Fund.[2]
Calgary-based Rencor Developments formed a joint venture called Preston Crossing Properties Inc. with two Saskatchewan companies, Harvard Developments and TGS Properties.[3] It completed all development, leasing and financing for the project; the architecture mirrored the gothic elements of the University campus buildings. In the fall of 2005, Harvard gained sole acquisition of the shopping center.[4][5]
Construction began in the spring of 2002 and the first stores opened in the fall of the same year.[1][6] Development has continued in phases, although full build-out has not yet been reached.[3][7][8][9] As of 2010, three building phases have been completed; a fourth phase was announced in June 2010.[10]
Four stores are considered as anchors:
Additional stores include:
Under construction:
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