Promenade (shopping centre)

From Wikipedia, the free encyclopedia
Jump to navigation Jump to search
Promenade
Promenade logo
Promenade Shopping Centre, Thornhill, June 2016.jpg
The interior of the shopping centre
LocationVaughan, Ontario, Canada
Coordinates43°48′24.17″N 79°27′8.86″W / 43.8067139°N 79.4524611°W / 43.8067139; -79.4524611Coordinates: 43°48′24.17″N 79°27′8.86″W / 43.8067139°N 79.4524611°W / 43.8067139; -79.4524611
AddressBathurst Street and Centre Street
Opening dateAugust 4, 1986[1]
DeveloperCadillac Fairview[2]
OwnerPromenade General Partner Inc.
No. of stores and services150+[3]
No. of anchor tenants2
Total retail floor area879,000 sq ft (81,700 m2)
No. of floors3
ParkingOutdoor
Websitewww.promenade.ca

Promenade, officially Promenade Shopping Centre or Promenade Mall, is a major shopping centre located in Thornhill, Ontario, Canada. The mall has over 150 tenants,[4] and is anchored by T & T Supermarket, Imagine Cinemas, H&M and Old Navy.[3]

History[edit]

In February 2016, the mall's owner Cadillac Fairview announced that it had put the Promenade up for sale.[4] As of April 20, 2017, Promenade Shopping Centre was purchased by Promenade General Partner Inc., a business formed by the Serruya family and Liberty Development Corporation. Centrecorp Management Services Limited, a leading property management and real estate services company has been retained to manage Promenade Shopping Centre.[5]

In 2017, the mall had one of the last Sears Canada stores when the entire chain went bankrupt, with Sears accounting for 20% of the mall's space. The mall owners have submitted an extensive redevelopment plan to the City of Vaughan which includes a major renovation to the mall, plus the addition of several condominium towers and a mixed-use office/hotel skyscraper using the existing parking lots.[6][7]

The site will be re-developed by Liberty Developments. There will be three condo towers called Promenade Park Towers. The first two condos will be located at 1 Promenade Circle, Thornhill and will consist of 748 units in the two 30 and 35 storeys tower.[8]

Transportation[edit]

The mall is located at the intersection of Bathurst Street and Centre Street in Thornhill, south of Ontario Highway 407 and Highway 7.

Public transit[edit]

York Region Transit, Toronto Transit Commission, and Viva routes connect to the terminal that is located near the mall.[9]

References[edit]

  1. ^ Toronto Star. August 3, 1986. p. D7. Missing or empty |title= (help)
  2. ^ "The Promenade Shopping Centre Vaughan". Astint.on.ca. 2011-02-24. Retrieved 2014-01-17.
  3. ^ a b "Store Directory". The Promenade. Retrieved 2014-01-17.
  4. ^ a b "Thornhill's Promenade Mall up for sale". Toronto Star. Retrieved 31 May 2016.
  5. ^ "Local Business Partners Acquire Promenade Shopping Centre". CNW. Retrieved 2017-04-20.
  6. ^ http://urbantoronto.ca/news/2018/08/promenade-mall-redevelopment-plan-submitted-vaughan
  7. ^ https://www.blogto.com/real-estate-toronto/2018/08/promenade-mall-redevelpment-toronto/
  8. ^ https://thepromenadeparktower.ca/ The Promenade Park Tower Condos
  9. ^ http://www.promenade.ca/information/

External links[edit]