REAL ESTATE

Westchester’s Ridge Hill mall to add indoor skydiving

BY Dan Berthiaume

Yonkers, N.Y. – Forest City Ratner Companies, the developer and owner of Westchester’s Ridge Hill mall in Yonkers, New York, is adding an indoor skydiving facility, one of only 14 in the U.S.

IFly Indoor Skydiving will break ground this fall with an estimated completion date in early 2015.

The IFly experience is powered by four fans located at the top of the building that create a cushion of air within the wind tunnel on which a person can safely float. No special skills are required and almost anyone older than three can participate.

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REAL ESTATE

Nordstrom to close Florida Mall store

BY Marianne Wilson

Orlando, Fla. — Nordstrom announced plans to shutter its store in the Florida Mall Orlando, Florida. Originally opened in 2002, the store will close its doors on August 16, 2014.

"We never like to close a store because we create such great relationships with our customers and employees – and over the past 12 years we’ve certainly done that here at our Florida Mall store," said Jamie Nordstrom, president of stores for the company. "Our lease for the store is up. To make a long-term commitment to this community and renew our lease, we would need to make a significant investment in this store so that we’re not offering our customers a substandard experience. Despite our team’s best efforts, the store’s performance doesn’t support making that kind of investment."

Nordstrom said it remains committed to serving customers in Orlando at its Millenia Crossing Rack, one of 10 Racks in the state, and at the company’s other eight Nordstrom full-line stores in Florida.

The retailer is also opening a new full-line store at St. Johns Town Center in Jacksonville on Oct. 10 and two new Rack stores in West Palm Beach (Oct. 9) and Lake Brandon (Oct. 30).

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REAL ESTATE

Designer Shoe Warehouse in Canada debut with two stores

BY Marianne Wilson

Toronto — Town Shoes Limited announced the opening of its first two DSW Designer Shoe Warehouse locations in Canada. DSW Designer Shoe Warehouse will open at Heartland Centre in Mississauga and Woodland Hills in Newmarket, Ontario, on Aug. 7.

The two new Canadian retail locations, each approximately 20,000 sq. ft. will make them the largest shoe stores in the country.

Town Shoes Limited will also launch a unique loyalty program that will allow customers to earn and redeem points and rewards at all Town Shoes, The Shoe Company, Shoe Warehouse and DSW Designer Shoe Warehouse locations in Canada.

With nearly 200 locations across Canada, Town Shoes Limited is the largest branded footwear retailer in Canada. Town Shoes Limited is comprised of five brands: Town Shoes, The Shoe Company, Shoe Warehouse, Sterling and now DSW Designer Shoe Warehouse Canada.

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