Toronto's Fairview Mall Gets $80 Million For A Major Makeover

One of Toronto’s biggest malls is getting a lavish makeover.

Cadillac Fairview (CF) and TD Greystone are teaming up to give Fairview Mall a much-needed upgrade worth an estimated $80 million. Not only will the retail space get a facelift, but it’ll also get a number of new additions. This includes new retail brands, a row of new restaurant offerings, and improved pedestrian access between the mall and Don Mills subway station.

The renovation of the North York shopping centre will cover 230,000 sq. feet. Construction is expected to begin this month, but won’t be fully completed until 2023.

READ: Believe It Or Not, The TTC Is Canada’s Best Public Transit System

That’s because, on top of redeveloping the mall, CF and TD Greystone are in talks with the City of Toronto to potentially rezone the surrounding area. New developments may include residential units, office spaces, and hotels, a press release noted.

“This area is undergoing many changes which reflect peoples' desire to work, live, shop and dine in a dynamic, transit-connected mixed-use community,” said Wayne Barwise, CF executive vice president of development, in a statement. “Our redevelopment plan is about diversifying CF Fairview Mall and the surrounding land so we can continue to offer a vibrant destination for people to come together and enjoy.”

READ: City Of Toronto Proposes New Yorkdale Neighbourhood To Curb Traffic

Last year, Fairview Mall received $10 million to create extra seating and new restaurants in its food court. This additional $80-million investment means the shopping centre can makeover its entire space.

Fairview3 1024x683

Fairview Mall is one of the busiest shopping centres in Toronto, drawing an estimated 13 million visitors per year. But it’s not the only mall in the city that’s expected to see new developments in the near future.

Earlier this month, the City of Toronto announced plans to build a new neighbourhood on Yorkdale Shopping Centre’s above-ground parking lot. The proposed plans include 1,500 residential units, as well as office spaces, hotels, and greenery.

Community

Toronto's Fairview Mall Gets $80 Million For A Major Makeover

READ: Believe It Or Not, The TTC Is Canada’s Best Public Transit System

READ: City Of Toronto Proposes New Yorkdale Neighbourhood To Curb Traffic

Trending

You may also like

​The next group of municipalities to receive housing targets under the Housing Supply Act include Surrey, Kelowna, and New Westminster, among others.

The forthcoming master-plan community will comprise of four towers, and will jointly bring 2,364 new residential units to the site on Eglinton Avenue.

To kick off 2024, the presale market in Metro Vancouver has been a bit better than perhaps some were expecting, but also not great. So, what's next?

​If you haven’t met Callum MacLachlan, you’ve likely heard of him — or, even more likely, seen his work.

Toronto City Council approved a series of “updates” to RentSafeTO last week, and among those were new parameters for city inspections, a more hands-on system for tenant complaints, and increased fees for non-compliance.

Along with Jack Poole, David Podmore founded Concert Properties in 1989, then known as VLC Properties.

​Zoocasa crunched the numbers to see where it’s the most affordable to buy a home along the GO Station line.

After previously reaching "unicorn" status with a $1B valuation and hitting $2B, BC-based green construction company Nexii Building Solutions filed for creditor protection in January.

“The proposed development, being advanced as part of the City’s Housing Now program, represents one of the largest affordable housing projects in Ontario in the past 25 years and the province’s largest co-operative housing development.”

New data from Urbanation shows that some 21,505 units that were on track to launch since the market began to slow down in 2022 are now “on hold indefinitely.”

For the fifth consecutive year, the Arbor Day Foundation and the Food and Agriculture Organization of the United Nations has recognized Toronto with the designation.

Global data cloud company Snowflake announced its new Toronto office space.

The development will come with a new state-of-the-art, 6,402-sq.-m YMCA facility. ​

Pending City Council’s go-ahead, the towers would mark the first of four phases in a larger master-planned project from RioCan, the likes of which is expected to deliver seven new buildings and a public park over five development blocks.

Touting a myriad of amenities that range from luxe-forward to family-friendly, life at Canopy Towers 2 promises to entertain, enrich, and make your life more convenient than it’s ever been before.

Not only are their design-forward developments packed with all the modern amenities one could desire — while being recognized for their particularly functional (and easy on the eyes) suites — but Liberty Development also pursues green initiatives and uses various energy efficient technologies.

2024 © STOREYS Publishing Inc. | All Rights Reserved

The next group of municipalities to receive housing targets under the Housing Supply Act include Surrey, Kelowna, and New Westminster, among others.

If you haven’t met Callum MacLachlan, you’ve likely heard of him — or, even more likely, seen his work.

Zoocasa crunched the numbers to see where it’s the most affordable to buy a home along the GO Station line.

The development will come with a new state-of-the-art, 6,402-sq.-m YMCA facility.