Yorkdale Mall expansion to open Nov. 16. Here’s a sneak preview
Published on Friday November 09, 2012
Emmanuel Perrin removes a shiny watch from his wrist and wraps it around my wrist. It is large, gold and roughly the cost of a fully equipped Volkswagen Jetta.
“I think it looks nice, don’t you?” asks the CEO and president of Cartier North America.
Perrin is charming and persuasive. For a minute, I believe that subsisting on canned soup is worth it to have this enormous bauble on my arm from one of the world’s legendary jewellers.
Cartier is in expansion mode, and Toronto, a city that has withstood the rigours of a global economic slowdown, is firmly in its sights.
...
While it’s true she can get a better cup of coffee at the mall, it’s no longer a place to hang out, “unless you want to buy a Tiffany diamond.”
Despite such criticism, John Crombie, a retail specialist at Cushman & Wakefields, the commercial property brokers, says the mall is in the driver’s seat when it comes to choosing tenants.
“Normally it’s the tenants coming to you and saying what can you do for us?” says Crombie. “But Yorkdale has the pick of the litter. There’s a waiting list of people trying to get in or existing tenants trying to expand.”