Yorkville’s Retail Evolution, from Greybrook Magazine to the Globe and Mail

admin Commercial, Portfolio Updates, Residential Development

Change is coming to Toronto’s iconic Yorkville neighbourhood, and as instrumental players in that change, Greybrook was proud to interview First Capital Realty CEO, Adam Paul, on what’s to come in the area for our Greybrook Magazine. With more than $600 million invested in the redevelopment of assets across Yorkville (including our development at 101 Yorkville), First Capital is in the process of executing a grand vision set to elevate the neighbourhood to the next level.

Image: Rendering of 102-108 Yorkville

“I’d like to think our mission—based on our capabilities and what we can bring to neighbourhoods and properties through redeveloping them and making them better—is to give something to the city and its residents that they can be proud of, that they can love,” says Paul. Learn more about First Capital’s plans in our “Luxury Redefined” feature on Yorkville in Greybrook Magazine.

Greybrook was not the only one to note the ongoing transformation of Yorkville: a recent Globe and Mail article explored the neighbourhood’s evolution from its origins as hippie mecca in the 60s and 70s to the high-end retail and residential destination it is today. “The future is very bright,” states Ian Richard Wookey, creator of Hazelton Lanes (now known as Yorkville Village after First Capital’s redevelopment). “It’s a very intelligent thing First Capital has done. It’s what we did – buy as much as you can to create change.”

Click here to read the full Globe and Mail article.