While today, it looks shiny and brand spankin’ new, the popular mall has actually been open for over 50 years. Their doors first opened to the public in February of 1964, standing at over 1.2 million square feet of retail, restaurants, and services. For a brief moment, it was the largest indoor shopping mall in the entire world.
At the time, the mall featured three anchors: Simpsons, Eaton’s, and a Dominion. Other stores included Reitmans, Collyer Shoes, Laura Secord, Toy World, and Eddie Black’s Camera Store. Back then, rent was only $5 per square foot. To put that into perspective, in 2011, rent at Yorkdale averaged at about $200 per square foot.
Fast forward to the ’80s and Yorkdale Shopping Centre is pulling all the stops to try and attract shoppers to visit.
Just take a look at the commercial in the video below.
Yorkdale Shopping Centre has become one of Canada’s most productive shopping centres. In 2015, the mall brought in $1,300 per square foot. With a brand new luxury wing and new international retailers like UNIQLO, Nordstrom, and COS, sales are only expected to go up.