Yorkdale is already one of Toronto’s largest and most impressive malls, and Oxford’s investment is in line with positive trends observed in the larger retail landscape.Oxford Properties Group announced a $28M investment and plans to redevelop Yorkdale Shopping Centre on Monday. The renovation, says the company, will take place over the next year and calls for the ‘repositioning’ of stores.
“By investing and renovating our space, we are making room for more of the world’s leading brands, as well as enhancing and expanding our dining options to cater to both shoppers and employees,” he says. They will join 53 new retailers that have opened in Yorkville over the past few years, including 29 first-to-market brands, over half of which fall into the luxury category.
At two million sq. ft and containing 270 stores, Yorkdale is already one of Toronto’s largest and most impressive malls, and Oxford’s investment is in line with positive trends observed in the larger retail landscape.
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