The Remington Group Inc. has unveiled plans for the Remington Centre, an 800,000-square-foot mall in Markham.
The project, which will include an adjoining 20-storey condo/hotel tower, is to be built on the site of the Market Village Asian shopping centre at the intersection of Steeles Avenue and Kennedy Road.
“We have a few more bridges to cross,” Remington Group president and CEO Rudy Bratty told a news conference in June of 2009. “It will be at least two years (before a construction start).”
Designed by Toronto’s Kohn Architects Inc., the centre will be home to more than 360 retail stores, incorporating small-sized shops currently found at Market Village and premium spaces for upscale boutiques and anchor tenants.
The development is said to be the first hybrid building of its kind in North America. A network of pedestrian pathways and private streets will link the retail and residential environments.
The 475,000-square-foot condominium tower will be constructed in the second phase.
The mall will feature a six-acre outdoor public plaza complete with a pond that converts into an ice rink. A permanent stage will accommodate more than 2,000 people for weekly cultural performances in the centre court.
The centre will be built in accordance with the Town of Markham’s green development guidelines with ample bike racks throughout the site, including in the parking garage and on the streets, as well as easy access to the nearby GO Station and York Region Transit terminal.
“There is a commitment by The Remington Group and by ourselves to go down that road,” said architect Sean Lawrence of Kohn Architects. “The town itself is also very receptive to that approach.”
The centre will feature what reportedly is Canada’s largest geothermal installation, with heating and cooling provided through the floors. Pipes will be drilled 600 feet into the ground.
A World-Class Investment and Business Opportunity
The Ru-Yi is a symbol of wealth and good fortune. This is exactly what the Remington Centre represents to investors.
The Remington Centre is located in a proven successful retail area in Markham. Neighbouring Toronto with easy access via public transit, the Centre will draw traffic not only from Markham but a wide diameter around it. Expecting to facilitate and accelerate the growth of the city, The Remington Centre receives full endorsement and support from the Town of Markham.
The Remington Centre retail spaces are available for purchase or lease. Units are available in various sizes, flexible enough to fit different business or investment needs. Talk to your Real Estate broker or contact us today for details.
An opportunity to build your business or invest in a truly world-class retail facility does not present itself everyday. In fact, such opportunities are rare across the world. The Remington Centre is destined to become a new landmark and the hottest retail destination in Markham. Do not miss this chance of a lifetime.