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Business · Real estate · published 2026-09-25 · via Connect CRE

Central Walk to Transform Former Hudson’s Bay Spaces at Two British Columbia Shopping Centres

Image via Connect CRE
Image via Connect CRE

Central Walk is converting 310,000 square feet of former Hudson’s Bay areas at Woodgrove Centre in Nanaimo and Mayfair Shopping Centre in Victoria into retail, dining, and entertainment space. Woodgrove will feature a 30,000-square-foot H Mart, a TM Wander food hall with roughly 30 vendors, and a family entertainment zone, backed by an estimated $30 million to $40 million in combined investment. Mayfair’s redevelopment is already demolishing space and is slated to add another TM Wander plus a Haidilao hot pot restaurant, with major openings targeted for 2028.

Expanded Detail

Central Walk is replacing two former department-store footprints with a mix of grocery, food, entertainment and specialty retail across its Nanaimo and Victoria properties. At Woodgrove, H Mart is set to occupy 30,000 square feet upstairs, while the lower level is planned for a roughly 30-vendor TM Wander market and a children-focused entertainment area.

The Woodgrove work carries an estimated $30 million to $40 million in combined landlord and tenant spending, with demolition and permits expected before year-end and key openings in spring or summer 2028. Mayfair is already demolishing space for another TM Wander, a Haidilao hot pot debut on Vancouver Island, a two-level atrium, event space and a reworked food court, targeting spring 2028.

Context

The redevelopments may reshape daily shopping and leisure patterns for Nanaimo and Victoria residents, offering more Asian grocery, dining and family entertainment options. Local diners, families and retail workers could gain new choices and jobs, while existing nearby businesses may face added competition. If the projects open as planned, they could also increase foot traffic around both malls, though the benefits may depend on tenant mix, affordability and how well the spaces connect with surrounding communities.

Expanded detail and Context are AI-generated analysis; the linked article remains the authoritative source.
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This summary is Al-enhanced to contain extended analysis and broader social context. The original is {NAME); the linked article is the authoritative source. Original headline: “Central Walk Reworks 310K SF Of Former Bay Space At Two B.C. Malls.” Browse more stories.