Promenade (shopping centre)

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Promenade
Logo of Promenade Mall.jpg
Promenade Shopping Centre, Thornhill, June 2016.jpg
The interior of the shopping centre
Promenade (shopping centre)
Location Vaughan, Ontario, Canada
Coordinates 43°48′24.17″N79°27′8.86″W / 43.8067139°N 79.4524611°W / 43.8067139; -79.4524611
Address Bathurst Street and Centre Street
Opening dateAugust 4, 1986 [1]
DeveloperCadillac Fairview [2]
OwnerPromenade General Partner Inc.
No. of stores and services150+ [3]
No. of anchor tenants 2
Total retail floor area 879,000 sq ft (81,700 m2)
No. of floors3
ParkingOutdoor
Website www.promenade.ca

Promenade, officially Promenade Shopping Centre or Promenade Mall, is a major shopping centre located in Vaughan, Ontario, Canada. The mall has over 150 tenants, [4] and is anchored by T&T Supermarket and Imagine Cinemas.

Contents

History

The mall opened in 1986 and became York Region's fourth indoor shopping mall after Hillcrest Mall in Richmond Hill (completed 1974), Upper Canada Mall in Newmarket (completed 1974) and Markville Shopping Centre (completed 1982). The mall's first tenants included Sears Canada and Eaton's.

In February 2016, the mall's owner Cadillac Fairview announced that it had put the Promenade up for sale. [4] As of April 20, 2017, Promenade Shopping Centre was purchased by Promenade General Partner Inc., a business formed by the Serruya family and Liberty Development Corporation. Centrecorp Management Services Limited, leading property management and real estate services company, has been retained to manage Promenade Shopping Centre. [5]

In 2017, the mall had one of the last Sears Canada stores when the entire chain went bankrupt, with Sears accounting for 20% of the mall's space. Bobby's Liquidation occupied the Sears location from 2019 to 2020. The mall owners have submitted an extensive redevelopment plan to the City of Vaughan, including a major renovation, the addition of several condominium towers, and a mixed-use office/hotel skyscraper using the existing parking lots. [6] [7]

The site is currently in phase one of being re-developed by Liberty Developments. There will be three condo towers called Promenade Park Towers. The first two condos will be located at 1 Promenade Circle, Thornhill, consisting of 748 units in the two 30 and 35 storeys tower. [8]

Transportation

The mall is located at the intersection of Bathurst Street and Centre Street in the Thornhill district of Vaughan, south of Highway 407 and Highway 7.

Public transit

Promenade Terminal
PromenadeTerminal.jpg
General information
Location1 Promenade Circle, Vaughan, ON
Owned by York Region Transit
Bus routes6
Bus stands8
Bus operators York Region Transit logo.svg York Region Transit
BSicon BUS1.svg TTC bus routes
Construction
AccessibleYes
History
Opened1986
RebuiltSeptember 4, 2005

Promenade Terminal is a York Region Transit (YRT) (which includes Viva bus rapid transit services) terminal adjacent to the mall. It is in a fenced-off parking lot at 1 Promenade Circle, at the intersection of North Promenade and Centre Street. The City of Vaughan currently owns the property, which is leased to York Region for a nominal sum, with the responsibility for public transit now belonging to the Region. [9] The Promenade Terminal has service connecting to Finch and Vaughan Metropolitan Centre subway stations. [10]

Unlike some other transit stations colocated with shopping malls, such as Scarborough Centre, there is no direct pedestrian access between the Promenade shopping mall and the Promenade Terminal. [ citation needed ]

In the summer of 2005, Promenade Terminal was temporarily closed so that renovations could be made. Bus stops were temporarily moved just beyond the station to North Promenade and Centre Street. Reconstruction of the terminal included newly cemented platforms, modern and lit bus shelters, new and brighter lighting, and the installation of a Viva OneRide ticket machine. The project was completed over one month, with the station reopening in August 2005. More recently, a Viva multiRide machine has been added in the terminal to go along with the oneRide machine.[ citation needed ]

Toronto Transit Commission (TTC) bus routes also connect to this terminal. The Viva Orange stop is located just north of the terminal, in the median of Centre Street (along the Highway 7 Rapidway).

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References

  1. ↑ "Eaton's Advertisement". Toronto Star. August 3, 1986. p. D7.
  2. ↑ "The Promenade Shopping Centre Vaughan". Astint.on.ca. 2011-02-24. Retrieved 2014-01-17.
  3. ↑ "Store Directory". The Promenade. Retrieved 2014-01-17.
  4. 1 2 "Thornhill's Promenade Mall up for sale". Toronto Star. Retrieved 31 May 2016.
  5. ↑ "Local Business Partners Acquire Promenade Shopping Centre". CNW. Retrieved 2017-04-20.
  6. ↑ "Promenade Mall Redevelopment Plan Submitted to Vaughan | UrbanToronto". urbantoronto.ca.
  7. ↑ "Promenade Mall is about to get a major upgrade". www.blogto.com.
  8. ↑ The Promenade Park Tower Condos
  9. ↑ "Report No. 8, Item 4, of York Region Transit Committee, September 27, 2004" (PDF).
  10. ↑ Starr, Ryan (February 20, 2015). "Thornhill City Centre nearing its final stage". Toronto Star. Retrieved 11 May 2017.


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