Hazelton Lanes opened in 1976 with 60,000 square feet (5,600 m2) of retail space. It was positioned as a luxury shopping centre and attracted some prestigious retailers. It underwent an expansion that tripled its size in 1988/1989.
Hazelton Lanes began to experience difficult times in the early 1990s with the recession that gripped Toronto and much of Canada. Many of the upscale stores in Hazelton Lanes closed their doors, and some of them moved to the Mink Mile along Bloor Street. Brick-work on parts of the complex's exterior are now in disrepair.
Hazelton Lanes has re-emerged as a 'neighbourhood shopping centre', albeit with some luxury brands still in place. All in all there are more than 64 high-end boutiques and services spanning fashion, beauty, jewellery, home decor, and restaurants.
The mall is located in the Bloor-Yorkville shopping and entertainment district.