Three Land Use Concepts Being Considered for Yorkdale Mall
Oxford Properties’ Yorkdale Mall hold an important position in the Canadian retail landscape, remaining the third largest enclosed shopping centre in the country. Employing approximately 6,680 part and full time staff, and contributing roughly $50.9 million in tax revenue to the City of Toronto annually, Yorkdale has had a positive economic impact to the surrounding area and beyond for over half a century now.
While the mall has undergone several expansions over the years that have replaced surface parking with leasable space, the mall remains largely divided from the surrounding road network by the extensive surface parking that remains, inhibiting a proper integration into the area’s urban fabric. As the surrounding community begins to intensify, and changing trends in the retail world continue to take their toll on malls across North America, Yorkdale is exploring options for short- and long-term expansions that would build out the site’s surface parking with several new buildings and a range of uses, increasing the site’s future flexibility.
With the aim of supporting future intensification, an application was filed with the City of Toronto at the end of May, seeking an update to the zoning for the site, as well as amendments to the Dufferin Street Secondary Plan. The submission stems from an earlier study prepared by planners CallisonRTKL along with Urban Strategies, MMM and Yorkdale ownership, which led to the creation of a revised master plan with three different land use concepts for the Yorkdale LandsEach of the concept options reflect the city’s short-term objective of creating an improved urban corridor along Dufferin Street, with each of the three options sharing a vision for the section of property between the mall’s existing west end and Dufferin Street that includes new residential, retail, and hotel space.