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Pictured are the new owners of Gateway Mall and staff. Lou Alrifai is in the middle wearing the orange shirt. (Image Credit: Susan McNeil/paNOW)
"We want to bring in players that don't exist."

New Gateway Mall owners hope to bring in a Costco  

Jul 17, 2026 | 4:30 PM

The new owner of Prince Albert’s Gateway Mall is hoping to revive the mall and add to the tenant list by bringing in some big players, like Costco.

Lou Alrifai was on site on Friday and said he believes the mall has a good future if it is managed better.  

Alrifai said the former Sears space, which he described as about 60,000 square feet and empty for roughly 12 years, is one of the areas where a larger tenant could fit. The mall itself is approximately 324,000 square feet and considered the largest enclosed mall in northern Saskatchewan.

“We want to bring in players that don’t exist, like Costco, and services that I think Prince Albert needs so we can become a target for the population around,” Alrifai said. 

He said he and his team are beginning with improvements to the building itself, including roof repairs expected to start next week. Alrifai said the goal is to support existing tenants while making the mall more attractive to new ones. 

“We’re here to work with them and support them,” he said of current tenants. “We’re here to make it better. I work with everyone. We’re open for ideas.” 

Basel Almhithawi, the mall’s new operations manager, said the ownership group felt welcomed in Prince Albert and wants to restore the mall’s role in the community. 

“This community deserves better, and we need to deliver this better,” Almhithawi said. “We would love to bring the memories from 25 years or 15 years back where this place was the thriving heart of the city.” 

The Gateway Mall went to public auction last month with a starting bid of $990,000, a price far below its previous listing price of $5.8 million. The auction comes less than a year after the mall’s owners challenged a dramatic increase in the property’s assessment and tax bill, arguing the valuation did not reflect market realities.

Almhithawi said the property has been neglected but is not in bad shape.

Both Alrifai and Almhithawi said the immediate focus is on stabilizing the mall, addressing maintenance issues and working with tenants and the city, as they look for ways to fill vacant space. 

susan.mcneil@pattisonmedia.com