www.yorkdale.com - The Canadian Business Journal

Yorkdale Shopping Centre
www.yorkdale.com
Yorkdale Shop
Impressive expansion project to Ca
2
pping Centre
anada’s premiere shopping centre
CB
RETAIL
4
RETAIL • Yorkdale Shopping Centre
Success through freedom,
trust and innovation.
We don’t want to break the rules, we want to ignore
them. We think creatively, and then act on the courage
required to transform our industry.
Clearly, EllisDon is not like most companies, and we
wouldn’t have it any other way.
We are proud to be working with Oxford Properties
Group and the city of Toronto on the Yorkdale Shopping
Centre South West expansion.
www.ellisdon.com
It’s the most wonderful time of the
year—and for shoppers at North
Toronto’s Yorkdale Shopping Centre, the
most exciting, for the affluent shopping
centre is undergoing a massive, $220
million expansion project scheduled for
completion in 2012.
shoppers visit a week, but you’d hardly know if in
the spacious (40 feet wide) and naturally lit halls.
Location
Yorkdale enjoys a strategic location for both customers and retailers. With a TTC stop adjacent to
its east wing, and built directly south of the 401
highway, the commute to Yorkdale is simple, as is
This time of year is extremely busy for Yorkdale,
importing goods.
as thousands of shoppers visit the centre on a
daily basis to pick up gifts for loved ones (and
Previous expansion
maybe a treat for themselves), take in a movie
Built in 1964, the mall underwent a huge
or meet for dinner. As the fifth-largest shopping
renovation in 1999, adding a Rainforest Café
centre in Canada, approximately 400,000
restaurant, a movie theatre (originally owned
DECEMBER 2011 • The Canadian Business Journal
5
Ampere specializes in new electrical installations and service as well as retrofitting
existing infrastructure and in-place tenant fit up services. Our strengths and experience
in electrical design and construction allow us to provide our customers with
cost-efficient and time-saving installations. We have provided support and installation
services to the engineering teams of Fortune 500 companies in diverse industries - from
telecommunications to health care, from finance to public transit - helping these
companies achieve demanding goals under the tightest time constraints.
Proud to be partnered with Oxford and Ellis Don in the expansion
of Yorkdale Shopping Mall.
We have grown steadily and proudly because of our commitment to
quality workmanship.
Tel: 416-661-3330 | www.ampere.ca
by Famous Players Silver City, and now owned
most exclusive department store Holt Renfrew
by Cineplex Entertainment), and Indigo Books
has a 65,000 square foot space in the mall,
and Music store.
and a Tiffany & Co. store recently opened be-
In 2005, a $110 million expansion to the
side it. Armani Exchange, Micheal Kors, BOSS
mall added another 50 stores, increasing the
and Crate & Barrel have all opened stores in
mall to over 1.4 million square feet of shopping
the mall as well, contributing to the mall’s
heaven. This expansion included a 60-foot-high
record for highest sales per square foot in the
glass atrium that runs 300 feet along the east
country. This summer, Yorkdale courted the
wing, providing some of the centre’s best real
downtown fashionista crowd to visit the Cana-
estate, with natural light and an airy feel. The
dian J. Crew flagship store, another noteworthy
investment paid off, making 2005 a banner year
addition to the centre.
in customer traffic and sales volume.
With these expansions, Yorkdale attracts
the world’s best in luxury brands. Canada’s
Having the world’s top brands available to
Canadians only has one drawback, and it has
to be mentioned that Yorkdale’s parking lots fill
6
RETAIL • Yorkdale Shopping Centre
DECEMBER 2011 • The Canadian Business Journal
About Yorkdale Shopping Centre
With more than 225 shops and services
including Tiffany & Co., Burberry, Crate &
Barrel, Apple, Holt Renfrew, Hugo Boss and
Zara, Yorkdale Shopping Centre, which is
managed by Oxford Properties, isCanada’s
premier fashion destination. Yorkdale is
owned by Alberta Investment Management
Corporation (AIMCo), on behalf of its clients,
and Oxford Properties Group. Dedicated
to sustainability, Yorkdale’s 1.45 million
square feet has received more than a dozen
prestigious awards and recognition for
creating a balance between sustainable
environmental programs and a unique
shopping experience since 2001. In 2007,
Yorkdale was awarded the BOMA Go Green
Plus Certification with it dedication to
sustainable design. Yorkdale is located at 3401
Dufferin Street, off Allen Road, near the 401.
Yorkdale is also accessible via TTC, located on
the Spadina subway line. For more information
visit www.yorkdale.com.
7
8
RETAIL • Yorkdale Shopping Centre
DECEMBER 2011 • The Canadian Business Journal
up and stay filled. Yorkdale’s management has
recognized this demand, which is a big part of
the 2012 expansion.
9
800 new parking spaces will be added in
the expansion.
In a video on Yorkdale’s website, Rob Brown,
General Superintendent, Yorkdale South-West
2012 Expansion
Expansion, tells us to mark Nov. 15, 2012, on our
“Canadian wanted it and now they have it…
calendars as the expansion’s completion date.
thanks to an exciting new $220 million expan-
Brown assures us that the expansion will not hinder
sion that will add more than 145,000 square
retailers in the mall (good news for us Christmas
feet and 40 new stores to Yorkdale,” announced
shoppers), saying, “We do our best to control any
management, earlier this year. EllisDon will be
dust. We used negative air machines once we have
the main contractor for the expansion.
the building enclosed to ensure that the air pres-
“We are expanding thanks to the strength
and success of the existing shopping centre and
sure is negative in the construction area.”
As for who is moving into the new stores,
strong tenant demand for space,” says Anthony
expectations and speculation is running high,
Casalanguida, General Manager, Yorkdale Shop-
given the high profile stores that Yorkdale is known
ping Centre. “Not only as we bringing an amaz-
for. As for any hints, Jason Nazareth, Tenant And
ing array of new brands to Yorkdale, but this
Technical services coordinator says, “I wish I could,
expansion will also bring employment opportu-
we have to keep some secrets.” CB
nities to the GTA, both during the construction
phase and once retailers open.”
www.yorkdale.com
AS SEEN IN THE DECEMBER 2011 ISSUE
OF THE CANADIAN BUSINESS JOURNAL