Maple Ridge shoppers will have a better idea of what happens to the empty Target store by early May, when an auction of the U.S. chain’s leases takes place.
Target closed its Haney Place Mall location in March, one of the 133 stores across Canada when it bailed from the Canadian market earlier this year.
A news release from the city says its been in close contact with mall owner Narland about filling the location following Target’s departure.
On May 5, an auction of Target’s retail locations takes place in Toronto to see who might want to take over various Target locations.
If no offers are forthcoming, Narland will try to find a new tenant for the mall.
Target Canada ceased all operations in Canada on April 12. It is in the middle of a court-ordered process to dispose of leases for 133 Target locations from coast-to-coast, Mayor Nicole Read said in the release.
“We understand that there should be some firm information on the status of the lease in early May, which will allow the owners of Haney Place Mall to move forward with greater certainty.”