FACT SHEET

 

SITUATIONAL PROFILE

Description of Shopping Centre:
Scarborough Town Centre is a two level Super Regional Shopping Centre located at the corners of Highway 401 and McCowan Road in Scarborough, Ontario.

The physical features of the building area are as follows:

Total Gross Leasable Area: 1,318,418 sq. ft.
Anchors: 751,785 (Sears, The Bay, Wal-Mart)
Land Area: 65 Acres
Number of Stores & Services: Over 250 shops & services
Number of Parking Stalls: 5,708
Weekly Traffic: Approximately 423,000 per week
 
MARKET OVERVIEW

Market Profile:
Household Income: $67,228 per year.
Trading Area: Over 900,000 people
Ethnic Mix: Data Available from the Marketing Department
 
INTERESTING INFORMATION
   
Management: Oxford Properties Group
Opening Date: Phase 1 - May 2, 1973
Phase 2 - August 8, 1979
Phase 3 - December 4, 1999
Phase 4 - 2008-2011
Location Site: Located in the North East area of Metropolitan Toronto, at Highway 401 and McCowan Road
Size: Phase 1 - 1,070,000 sq. ft.
Phase 2 - 240,000 sq. ft.
Phase 3 - 177,000 sq. ft.
Phase 4 - Complete Renovation
Access: North & South - McCowan Rd.
East & West - Highway 401
Trade Area: Bounded by the limits of the Borough of Scarborough.
East - Pickering Town Line;
West - Victoria Park Avenue;
North - Steeles Avenue;
South - Lake Ontario.
Population: 833,000
Development Gross Building Area: Phase 1 - 1,106,000 sq. ft.
Phase 2 - 307,000 sq. ft.
Major Tenants: Sears, The Bay and Walmart
Ancillary Retail: 240 Stores and Services
Special Features: Two-leveled regional centre with three department stores, and parking facilities for approximately 5,708 cars, 46 handicapped and 42 parent with child parking spaces.
Architects: Phase 1 & 2 - Bregman & Hamann
Phase 3 - Pellow & Associates
Phase 4 - Pappas Design Studio
Contractors: Phase 1 - Hashman Construction
Phase 2 - Jackson, Lewis and V.K. Mason
Phase 3 - PCL Construction
Phase 4 - PCL Construction
Approximate Cost: Phase 1 & 2 - $50,000,000
Phase 4 - $62,000,000