It’s been a downtown staple since 1990, and after temporarily closing its Bankers Hall location for intensive renovations, Sunterra Market is back in business – and, according to the team, even better than before.
The expansion may come as a surprise to some, considering the downtown office vacancy rate in Calgary. But Price says the current economic climate is a reason on its own to offer a larger, more customer-focused space in the city’s core.
“To say [the downturn] hasn’t impacted us at all wouldn’t be true,” says Sunterra’s president Glen Price. “But a big part of this investment is to support the downtown.”
For Price, that support involves offering Calgarians a unique space where they can dine in or take out fresh, healthy and high-quality food that’s also affordable. He believes if this type of service is available in downtown, it will draw people into the core. It also means helping create new jobs and retaining those that already exist – both which happened with this expansion.
“A big focus of ours was maintaining our team,” says Price. “We were worried about our team not having an income and not being able to maintain work for that extended period of time.”
That’s when Brookfield Properties, which manages Bankers Hall, stepped in.
“Brookfield was great to us and allowed us to do some pop-up markets to maintain our customers and staff. We were able to keep everybody and create continuity with our customers."
The team also saw growth – with the addition of 15 jobs to keep up with the demands of the expanded market.
The new and improved Sunterra Market reopened its doors on February 11, just in time to celebrate the market’s 30th anniversary. Price says he hopes to see familiar faces back at Bankers Hall, along with new ones.