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The name "Cadillac Fairview" came into existence in 1974 as a result of the merger between Cadillac Development Corporation Ltd and Fairview Corporation. [4] Cadillac Development Corporation was founded by partners Ephraim Diamond (d. 2008), Joseph Berman (1922–2003), and Jack Kamin in Toronto in 1953 as a developer of high-rise apartment buildings.
In 1974, Fairview merged with the Cadillac Development Corporation, which was founded in 1953, in Guelph, Ontario. Cemp owned 40% of the new Toronto-based Cadillac Fairview Corporation (CF). Together with partners Toronto-Dominion Bank and department store T. Eaton Company , it developed Vancouver's Pacific Centre and the Toronto Eaton Centre ...
Cadillac Fairview acquired it in 1998 and incorporated it into Toronto-Dominion Centre. [6] Finally with little available space left on or near the block, the final building—the Ernst & Young Tower (now 222 Bay Street)—was constructed in 1992 over the existing 1930s Toronto Stock Exchange.
Ivanhoé Cambridge also has ownership in malls that are operated by Cadillac Fairview. On April 21, 2011, the Caisse de dépôt et placement du Québec announced it was grouping its real estate subsidiaries into a single entity, Ivanhoé Cambridge. [ 26 ]
The mall owner, developer Cadillac Fairview, decided to redevelop the site in 2003 to attract more up-scale retailers and shoppers, without a main anchor tenant. The developer proposed to demolish the indoor shopping mall and replace it with an open-air setting, along with an intensification of the site.
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CF Markville, also known as Markville Shopping Centre in the Cadillac Fairview chain of malls, is a shopping mall of over 140 stores in Markham, Ontario, Canada. [1] It is located at the intersection of Highway 7 East and McCowan Road, and runs along Bullock Drive, located slightly west of McCowan Road.
In February 2016, the mall's owner Cadillac Fairview announced that it had put the Promenade up for sale. [4] As of April 20, 2017, Promenade Shopping Centre was purchased by Promenade General Partner Inc., a business formed by the Serruya family and Liberty Development Corporation.