Yorkville Village, one of Toronto’s luxury hotspots, has announced new tenants for its nearly completed overhaul. With this, landlord First Capital Realty hopes to attract shoppers to the area, setting up Yorkville as a premiere retail destination.
According to First Capital, the goal is to mix fashion, food and fitness concepts that will get both locals and tourists to Yorkville. The area is growing quickly, with thousands of condominium units popping up.
“This transformation is being driven by the demographic tailwind that will see a meaningful increase to the local population and consequently the evolution of Bloor-Yorkville as a larger, stronger world-class retail destination in which Yorkville Village is very well positioned,” says Adam Paul, president and CEO of First Capital.
New tenants include:
- Belstaff, a UK-based luxury brand
- Eleventy, an Italian fashion house
- Nanni, a multi-brand men’s retail concept
- TNT Concept, which will include rotational shop-in-shops
- Jean-Paul Fortin, a Quebec-based footwear retailer
Over the past few years, First Capital Realty has invested approximately $600 million in the Bloor-Yorkville area with a portfolio that now includes 400,000 square feet of space. Its goal is to create synergies between its mall and street-front properties, by driving traffic to each though a variety of retailers, food concepts and other amenities.
