New luxury retailers coming to Yorkville Village
Toronto’s Yorkville Village is gearing up to welcome new fashion tenants this year, a long with some first to market stores for Canada.
Among the newly announced fashion retailers, the shopping centre, owned by First Capital Realty (FCR), will welcome luxury British sportswear brand Belstaff; Italian luxury label Eleventy's first stand-alone store in Canada; Quebec shoe retailer JP Fortin’s first Ontario flagship (known in Quebec as Jean Paul Fortin), as well as TNT Concept, and multi-brand store Nanni.
The shopping centre formerly known as Hazelton Lanes, has been under-going redevelopment plans since 2015. It has since been transformed into a new shopping, dining and lifestyle destination.
"Our significant investment in the redevelopment of Yorkville Village reflects the transformation underway in the Bloor-Yorkville neighbourhood," said Adam Paul, President and Chief Executive Officer, First Capital Realty Inc, in a news statement. "This transformation is being driven by the demographic tailwind that will see a meaningful increase to the local population and consequently the evolution of Bloor-Yorkville as a larger, stronger world-class retail destination in which Yorkville Village is very well positioned."
Yorkville Village will also be opening a new full-service restaurant, in late Summer 2017, as well as spin studio Soul Cycle and a Rexall.
In total, FCR has invested approximately $600 million in the Bloor-Yorkville area with a portfolio that now includes 400,000 square feet of space spread across several properties.
The transformation of the centre will continue through the summer of 2017.
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