(MANULIFE CENTRE REDEVELOPMENT. RENDERING: MANULIFE)
Retail Insider’s Craig Patterson is hosting a tour of Toronto’s Bloor-Yorkville area on the afternoon of Tuesday, September 19, and there’s still room available for interested attendees. To register for the event, please contact Scott Kettles at skettles@idcanada.org. The tour and networking reception cost is $40 or if you wish to only attend the networking reception at the Gardiner Museum afterward, the cost is $20.
In partnership with Interior Designers of Canada, and the Professional Retail Store Maintenance Association (PRSM), the tour will focus on the future of the area, which is seeing an unprecedented transformation at a cost of hundreds of millions of dollars.
The tour will begin at the Marriott Bloor Yorkville Hotel at 90 Bloor Street East, and will head westward towards the intersection of Yonge and Bloor (located directly above Canada’s busiest subway stations). At the southeast and southwest corners are two substantial developments — One Bloor Street East features a nearly completed 75 storey tower with a substantial commercial podium, and One Bloor West, aka ‘The One’, will feature seven levels of retail at the base of an 80 storey condominium tower.
The tour will then head westward along Bloor Street West, with a visit to the Manulife Centre (55 Bloor St. W.), which is undergoing an expansion and overhaul that will cost in excess of $100 million. When completed, the new retail podium will include Italian food concept Eataly, as well as a number of new first-in-class retailers.
Heading north onto Bay Street, the tour will note that a considerable number of buildings to the east of Bay Street will be demolished for a yet-to-be announced super-project with retail and residential towers. The tour will head westward along Yorkville Avenue, which is undergoing substantial changes as well. Historic Yorkville, which was at one time its own village, features a number of heritage buildings, as well as new construction.
Yorkville Avenue is being redeveloped under the guidance of landlords such as First Capital Realty to create a ‘luxury zone’ of stores and restaurants that is expected to be similar to Rodeo Drive in Beverly Hills when completed. Chanel’s 8,700 square foot Canadian flagship at 100 Yorkville Avenue, opening in November, is one of the highlights.
The tour will enter ‘the laneway’ on Yorkville Avenue and make a stop at First Capital Realty’s Yorkville Village shopping centre, formerly ‘Hazelton Lanes’. The enclosed mall is completing an overhaul that includes new bright interiors, as well as a mix of local, national and international brands. It’s a ‘community centre’ of sorts, featuring Equinox and SoulCycle for fitness, art galleries, restaurants, and a number of upscale fashion retailers.
(RENDERING: FIRST CAPITAL REALTY)
The tour will then continue southward and then eastward along Cumberland Street, noting a number of historic buildings that have been repurposed for retail — not to mention Nespresso’s impressive 14,000 square foot premises. The tour then heads south along Bellair Street onto Bloor Street West, where the tour will detail what’s to come at the historic ‘The Colonnade‘ at 131 Bloor Street West, which is again undergoing a transformation. The Colonnade has a remarkable history, having been Canada’s first mixed-use building to include a retail shopping concourse, office space, and residential in the same building. Other soon-to-open retailers on the strip include Hermes, Dior, Moncler, and a new flagship for the world’s largest tableware retailer, William Ashley.
The tour concludes at The Gardiner Museum and will follow with a networking reception in a stunning, minimalist space with floor-to-ceiling windows, where a new product will be launched and revealed.
To register for the event, please contact Scott Kettles at skettles@idcanada.org. Tour and networking reception cost is $40 or if you want to only attend the networking reception at the Gardiner Museum, the cost is $20.
