Yorkdale Shopping Centre announces $331 million expansion
Yorkdale Shopping Centre has announced a new 298,000 square foot retail expansion that will begin in January 2014 and is expected to be complete in the Fall of 2016. The new expansion will be anchored by a 188,000 square foot Nordstrom store.
Owned by Oxford Properties Group and AIMCo, Yorkdale Shopping Centre has undergone four major renovations since opening in 1964, and completed a $110 million dollar expansion in 2005. “We continue to be impressed by how Oxford and AIMCo are taking steps to make an already great centre even better. We feel fortunate to be part of this expansion at such a strong location, and look forward to the chance to compete for our customers’ business when we open at Yorkdale,” said Karen McKibbin, President of Nordstrom Canada.
This expansion comes hot on the heels of a $220 million and 145,000 square foot development that opened to the public in November 2012 and featured five first-to-Canada brands. Yorkdale is adding six additional new-to-Canada brands in 2013 including AllSaints, David Yurman, John Varvatos, Mulberry, White House/Black Market and Zara Home.