Yorkdale Shopping Centre
Opening it’s doors in 1964, Yorkdale Shopping Centre was the largest indoor shopping mall in the world. Today, it has revolutionized shopping in Toronto. The leading shopping destination has a diverse mix of more than 270 shops and services. Shoppers from throughout the Greater Toronto Area and around the world look to Yorkdale for an exceptional selection of the world’s best fashion, technology and luxury brands. Recent expansions now bring Yorkdale to nearly 2 million square feet and the centre continues to serve as a platform for new and innovative brands. Yorkdale is co-owned by Oxford Properties and Alberta Investment Management Corporation (AIMC) and managed by Oxford Properties Group, Canada’s leadings real estate investment, development and management organization.
Until 5 years ago, Yorkdale did not operate a paid parking system. Being connected to the Yorkdale subway station – a main artery for Toronto transportation—the free parking was an incentive for commuters, making it difficult for shoppers to locate available parking. The matter was heightened with Yorkdale’s recent expansions bringing it to nearly 20 million square feet, and an even larger global attraction. The challenge? How to welcome all motorists (both commuters and visitors) with available and easy to navigate parking while offering paid parking for commuters and complimentary parking for visitors?
CHOOSING TO PARTNER WITH INDUSTRY LEADERS
Oxford Properties chose to partner with Precise ParkLink, Canada’s parking industry leader to transcend the luxurious Yorkdale experience to their multi-level underground parking garage. Yorkdale’s new parking expansion is state-of-the-art and ensures each visitor’s first impression matches their premium brand. This has been accomplished with Precise ParkLink’s Pay-on-Foot SkiData parking equipment, Park Assist parking guidance system, onsite parking equipment maintenance staff, and providing motorists with a 24/7 virtual connection to I PARC™, a remote monitoring and surveillance parking support centre.
Finding parking at Yorkdale is now a breeze. Available parking is easy to navigate, the parking equipment is user-friendly, and 5-hours of complimentary parking is offered to each motorist helping to solve the overabundance of commuters taking advantage of complimentary parking. Parking is no longer a Yorkdale concern.