Master Plan For Yorkdale Shopping Centre Redevelopment In The Works

A new golden age for the renowned shopping mall.

1.2 min read

Plans for the anticipated Yorkdale Shopping Centre redevelopment seem to be underway, as property owners Oxford Properties and architects Hariri Pontarini Architects and Urban Strategies present the master plan for the project to Toronto’s Design Review Panel

Rumours of the shopping centre being rezoned for future growth seem to be true, as the plan outlines significant redevelopment of the surface parking lots around the mall. Once approved and completed, visitors and residents can expect a pedestrian-friendly, mixed-use, high-rise community surrounding the mall's borders, which will be retained in its entirety. This has poised concern for frequent visitors of the shopping centre, but not to worry. All parking will be replaced with underground garages.

The master plan includes 19 new towers, with 446,542m² of GFA proposed. This includes over 59,400m² of new retail space, over 32,700m² of office space, and 17,250m² of hotel uses. A total of 5,126 residential units are spread across the site.

Learn more about the Yorkdale Shopping Centre redevelopment.

Reference

Mirabelli, J. (2022, January 28). Ambitious redevelopment of Yorkdale Shopping Centre presented to Design Review Panel: Urbantoronto. News. Retrieved February 1, 2022, from https://urbantoronto.ca/news/2022/01/ambitious-redevelopment-yorkdale-shopping-centre-presented-design-review-panel


About Royal LePage Commercial Westhaven

Our commercial real estate industry and segment expertise coupled with Royal LePage’s national platform and integrated systems provides best-in-class real estate strategies and a competitive advantage that can’t be beat.

We help businesses identify opportunities and maximize their return on investment with actionable goals, centralized support services and a strong commitment to customer success. Our national partnerships help us establish, guide and execute successful business investments.

We offer commercial real estate agents a professional environment, focused 100% on commercial real estate.  Agents can expect unlimited market boundaries to build their business without the interference of a heavy corporate structure.  In addition, agents will be able to access Royal LePage’s national referral network of over 18,000 agents to develop more business in their target markets with incoming leads generated daily. The brokerage provides agents a suite of services including marketing, promotional, networking and professional development needs.

Innovation and service excellence have developed and propelled the Royal LePage brand since 1913. When you join Royal LePage Commercial Westhaven brokerage, you have the backing of one of the most powerful commercial real estate services company in Canada—Bridgemarq Real Estate Services Inc. (formally Brookfield Real Estate Services Inc.). Bridgemarq is a leading provider of services to real estate brokers and agents.  They are an affiliate of Brookfield Business Partners, a business services and industrials company focused on owning and operating high-quality businesses and is listed on the New York and Toronto stock exchanges.

Previous
Previous

Technology’s Role in Commercial Real Estate

Next
Next

Commercial Property Spotlight: 49-51 Yonge Street