Everyone needs a little makeover every now and then, and malls are definitely no exception!
A major revamp is coming to Fairview Mall starting this month that includes a row of restaurants, new retail space, and improved pedestrian access.
Cadillac Fairview and TD Greystone Asset Management (TD Greystone) have just announced $80 million plans to revitalize one of the city’s shopping destinations, Fairview Mall, located at Don Mills Road and Sheppard Avenue in North York.
“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, Executive Vice President of Development, Cadillac Fairview. “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.”
Not only will there be new retail space but this new plan may even include new parks, community spaces, and amenities. There’s also talk of improvements to sidewalks that would enhance the overall pedestrian experience and connect Fairview Mall to nearby Don Mills subway station.
What’s also exciting about these plans is that they could include new residential towers as well as office space and perhaps even a hotel on the property. Cadillac Fairview also said that it is in discussions with the City of Toronto about rezoning the mall site to to meet the needs of this ever-growing community.
This project is set to begin this month and is slated to be completed by 2023.
Featured Image: Rendering: Cadillac Fairview
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