Yorkdale's 145,000 square foot expansion to showcase leading brands

Ted Baker London, kate spade new york, Tesla Motors, Ann Taylor and LOFT included among retailers launching at Yorkdale this fall

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TORONTO, June 26, 2012 /CNW/ - Yorkdale Shopping Centre's new $185 million and 145,000 square foot retail expansion will create 30 new stores when it opens for business on November 15, 2012. Some of Canada's best loved and new-to-Canada retailers will set up shop, cementing Yorkdale's reputation as the country's leading fashion shopping destination.

Iconic and innovative brands Ted Baker London, kate spade new york, Tesla Motors and Ann Taylor are among those entering the Canadian market with flagship stores in Yorkdale's new retail expansion. Other notable new stores include Diesel, Wilfred Boutique, the North Face, an exclusive Rolex boutique at Raffi Jewellers, Ta-ze and Joey Restaurants. Holt Renfrew, Lacoste and Club Monaco will have refurbished and larger locations within the expansion. LOFT will open in an existing space in late 2012.

"Our expansion has always been about bringing the best possible shopping experience to Toronto," said Yorkdale General Manager Anthony Casalanguida. "Our customers told us that they want more of what Yorkdale already offers. We are creating a shopping environment that's attracting some of the world's leading brands. We're very excited about the retailers we're announcing today, and look forward to welcoming more leading labels in November."

Yorkdale's retail expansion is the second of two major developments in 2012, which together will create an additional 190,000 total square feet in the shopping centre at a total cost of $220 million. Yorkdale's new food collection, Dine on 3, launched in June 2012 and accounts for 45,000 square feet of the overall expansion and features restaurants and a new dining area with skylights, fireplaces and an outdoor terrace.

The retail expansion in November will also add a new valet area and 800 underground parking spaces to Yorkdale for a total of 7,400 parking spaces in addition to TTC access. As a part of the expansion, Yorkdale will feature the same sustainable technologies that are implemented in the existing shopping centre including a green roof, which will make Yorkdale eligible for silver certification in Leadership in Energy and Environmental Design (LEED).

ABOUT YORKDALE SHOPPING CENTRE
With more than 225 shops and services Yorkdale Shopping Centre is Canada's premier fashion destination. Building on a collection of the best retail outlets including Holt Renfrew, Tiffany & Co., Burberry, Cartier, J.Crew, Michael Kors and Tory Burch, Yorkdale Shopping Centre is currently undergoing a $220-million expansion that will open in November 2012, adding a total of 190,000 square feet of retail space, including 30 new first-to-market and flagship brands, as well as more than 800 new underground parking spaces and a new valet parking area. Yorkdale is managed by Oxford Properties and owned by Alberta Investment Management Corporation (AIMCo), on behalf of its clients, and Oxford Properties Group. Dedicated to sustainability, Yorkdale's 1.45 million square feet has received more than a dozen prestigious awards and recognition for creating a balance between sustainable environmental programs and a unique shopping experience since 2001. Yorkdale is located at 3401 Dufferin Street, off Allen Road, near the 401. For more information, visit www.yorkdale.com.

For more information or to schedule an interview with Yorkdale's Anthony Casalanguida, please contact:

Maria Cortellucci
Media Profile
Office: 416-342-1851
Cell: 416-523-2511
[email protected]

Jennifer Kaiser
Media Profile
Office: 416-342-1817
Cell: 647-992-6914
[email protected]