Talk:Fort Saskatchewan/Fort Mall

The Fort Mall is a dead mall located in Fort Saskatchewan, Alberta, Canada, in the Edmonton metropolitan area.

The mall is located on a 12-acre parcel on the east side of downtown, and contains 170,000 square feet of retail space.

History
In February 2003, Tawa Development purchased the mall from Canada Life Insurance and promised renovations. The opening of nearby larger Cornerstone Mall in 2003, however, causing a loss of at least three tenants. The planned renovations were never completed, and Worthington Properties subsequently took over ownership in 2006. In the summer of 2007, Worthington proposed to demolish part of the mall to construct apartments or condominiums.

Lender Paragon Capital Corporation Ltd. started foreclosure proceedings against the mall after suing to recover $6 million in 2008, and in April 2009, the mall was listed for judicial sale. The initial asking price was $8 million. A $4 million bid from the city in the fall of 2009 was rejected. In February 2010, the mall was relisted for sale at $5 million dollars. An offer of $4.35 million was accepted by the court in April 2010, but the proposed sale has not been completed.

It only has four services left. It has a dentist and a health unit. It also has a nightclub and a catering service. \