The district or neighbourhood level of shopping centres in Toronto are typically built around one or a few department stores or grocery supermarkets and are enclosed. Nameĭistrict or neighbourhood shopping centres With over 160,000 square metres (1,722,000 sq ft) of retail space, Toronto Eaton Centre is the second-largest shopping centre in Toronto, and the fifth largest in Canada. A sixth major mall is planned by Cadillac Fairview in Toronto's planned East Harbour neighbourhood by the intersection of Don Valley Parkway and Gardiner Expressway / Lake Shore Boulevard and be also served by the planned East Harbour Transit Hub on the Ontario Line and GO Transit's Lakeshore East line. The five malls are owned by either Cadillac Fairview or Oxford Properties, two of Canada's largest commercial real estate investment companies. These five malls were completed within a 13-year span in the 1960s and 1970s. Yorkdale Shopping Centre is Toronto's first of its kind and was the world's largest shopping mall at the time of opening, while Toronto Eaton Centre is the most visited shopping mall in North America. With the exception of Sherway Gardens, all of these malls have direct pedestrian connections with the Toronto subway system, though Sherway Gardens has a bus terminal connecting Toronto Transit Commission and MiWay bus routes. Each provides thousands of automobile parking spaces. They are also the five largest malls in Toronto by floor space. Toronto's five major shopping centres each have over one hundred stores and are anchored by multiple department stores, international brands and luxury retailers. The first shopping mall of the enclosed, automobile-centred design type was Yorkdale Shopping Centre, which opened in 1964. The first enclosed shopping mall in Toronto was the Toronto Arcade in the downtown core. Toronto has several shopping malls across the city, including five major destination malls that are among the largest and profitable in Canada. Opened in 1964, Yorkdale Shopping Centre was the first enclosed, automobile-centred shopping mall opened in Toronto.
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