Yorkdale is situated in the epicentre of the Greater Toronto and Hamilton Area (GTHA), occupying a strategic position in the city and surrounding region at the intersection of the 401, Allen Expressway, and Yorkdale TTC Station.
Yorkdale Shopping Centre is a premier retail destination, major employer and an economic engine for the City of Toronto and surrounding region. Yorkdale is a tourist attraction, with the country’s largest number of first-in-Canada labels and luxury brands, known for innovative architectural features and design excellence. Plans for Yorkdale aim to further strengthen its pre-eminent position as Canada’s leading shopping destination.
Yorkdale Shopping Centre is a super-regional shopping centre and occupies approximately 14 hectares of the 30 hectare Site. Approximately 55% of the Site is currently surface parking and proposed for long-term development.
Today, Yorkdale Shopping Centre and its tenants employ approximately 6,680 part and full time staff, which translates to approximately 4,580 direct full-time jobs on-site. Yorkdale and its tenants pay approximately $50-60 million in tax revenue to the City of Toronto annually. With 18 million annual visitors, Yorkdale attracts residents from Toronto as well as tourists from the broader region and beyond, regularly welcoming international tourists from Asia and South America. The number of annual visitors to Yorkdale is greater than the total combined visitors to the Habourfront Centre, Canada’s Wonderland, CN Tower, Toronto Zoo, Toronto Islands, ROM and AGO, and is equal to approximately half of Pearson Airport’s 41 million annual visitors.
Yorkdale is one of Canada’s most successful shopping centres, with over 275 stores and nearly 2 million square feet of gross leasable area. Its exclusive list of retailers is highlighted by many first-in-Canada and flagship stores, including Apple, Microsoft, Tesla, Holt Renfrew, Canada Goose, Versace, Van Cleef and Arpel, and Cheesecake Factory (November 2017). Yorkdale has seen the recent expansions and additions of multiple anchor stores, including a wholesale redevelopment of the Holt Renfrew and Harry Rosen stores (2012), Nordstrom and Uniqlo (2016), and with Restoration Hardware scheduled to open in 2017.
History of Yorkdale
Yorkdale opened in 1964 and has altered its exterior and interior layout through several renovations and expansions.
Further expansion and/or renovation is certain, and necessary, to continue in the future. Each change has been driven by the need to serve the retail and entertainment tenants, who respond to the commercial appetites of the public.
In order to stay at the forefront of the Canadian retail market and continue to attract desirable retailers, this flexibility has been, and will continue to be, essential for Yorkdale.