There’s potentially sad news on the horizon for those living in North York. Centrepoint Mall is most likely getting demolished in the next couple of years, according to reports from blogTO.
Centrepoint Mall first opened in 1966 and has become a popular spot for those in the area.
The owner of the mall, Morguard, submitted a development application for the mall. If this is approved, the entire spot will be demolished within the upcoming years.
Due to the current high demand for housing and the rise of online shopping, it looks like the spot will be turned into living areas instead.
The plan is to capitalize on the future Yonge North Subway extension with buildings up to 50 storeys high.
If this does get approved, it’ll join the rest of the malls that will eventually be under redevelopments and renovations.
These include Square One, Sherway Gardens, and Yorkdale, with Centrepoint Mall being one of the larger changes.
There is no final decision quite yet, but we can expect news in the upcoming weeks.
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