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SITUATIONAL PROFILE |
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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 200 shops & services |
| Number of Parking Stalls: |
5,708 |
| Weekly Traffic: |
Approximately 423,000 per week |
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MARKET OVERVIEW |
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| Market Profile: |
| Household Income: |
$67,228 per year. |
| Trading Area: |
Over 900,000 people |
| Ethnic Mix: |
Data Available from the Marketing Department |
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INTERESTING INFORMATION |
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| Management: |
Oxford Properties Group |
| Opening Date: |
Phase 1 - May 2, 1973
Phase 2 - August 8, 1979
Phase 3 - December 4, 1999 |
| 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. |
| 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 Wal-Mart |
| Ancillary Retail: |
220 Stores and Services |
| Special Features: |
Two-leveled regional centre with two department stores, and parking facilities for approximately 5,500 cars, 41 handicapped and 46 parent with child parking spaces. |
| Architects: |
Phase 1 & 2 - Bregman & Hamann
Phase 3 - Pellow & Associates |
| Contractors: |
Phase 1 - Hashman Construction
Phase 2 - Jackson, Lewis and V.K. Mason
Phase 3 - PCL Construction |
| Approximate Cost: |
Phase 1 & 2 - $50,000,000 |
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