Toronto, ON – June 18, 2010
The Cadillac Fairview Corporation Limited is excited to announce a $120 million rejuvenation of Toronto Eaton Centre, an investment which reaffirms the wellknown landmark’s position as Canada’s premier urban shopping destination.
The 24 month project will commence on July 1, 2010, and will be the largest transformation since the Toronto Eaton Centre opened its doors in 1977. A series of comprehensive upgrades are designed to reinvigorate the retail experience, consistent with Toronto Eaton Centre’s unique position as a vibrant and energetic downtown shopping destination. The revitalization will complement Toronto Eaton Centre’s best in class retailers including new stores opening in the upcoming year such as Victoria’s Secret, Michael Kors, and Stuart Weitzman to name a few.
“We are thrilled to embark on this extensive revitalization, given Toronto Eaton Centre’s prominent role in Canada’s retail and cultural landscape,” says Wayne Barwise, Senior Vice President of Development for Cadillac Fairview. “This is truly a transformative stage in our evolution: after 33 years of setting the standard for retail shopping, we now have a unique opportunity to reinforce our relevance in the hearts and minds of Torontonians and millions of visitors from around the world.”
The first phase of the project will be the creation of a new dining environment through the complete redevelopment and expansion of the north food court, which will become Toronto Eaton Centre’s main dining experience. The south food court will also be transformed to create an upscale restaurant style environment.
The New Dining Area in the north food court will introduce leading practices in environmental sustainability, replacing disposable paper and Styrofoam plates and containers with re‐usable dishes and cutlery. Behind the scenes, top of the line cleaning equipment with integrated technologies will save more than 50 per cent in water and electricity when compared with similar capacity units. Also, an innovative pulping machine will process food scraps and disposable materials into a semi‐dry compostable pulp designed to propel Toronto Eaton Centre's landfill diversion rate beyond 90 per cent. Other upgrades – which literally range from top to bottom – include:
Complete renovation and expansion of washrooms
Replacement of all flooring
The replacement of existing hand rails with glass and stainless steel caps
A new retail lobby entrance to the 250 Yonge office tower
Upgrading finishes of all the escalators and elevators
New doors at all entrances
A new and extensive greening and tree‐planting program
Lighting enhancements will also play a prominent role in the revitalization project, with cutting edge technology being used to further enrich the shopping environment. A stunning, custom designed light sculpture has been commissioned by United Visual Artists out of the United Kingdom and will be a compelling feature of the Galleria ceiling.