TORONTO, ON — First Capital Realty (FCR), today announced that Versace will open its Canadian Flagship store on Yorkville Avenue. As part of FCR’s new development at 102-108 Yorkville – located in the epicentre of Toronto’s luxury fashion and retail neighbourhood – the leading international and luxury design brand is slated to open its doors in Q1 2019.
Located on Yorkville Avenue between Jimmy Choo and Brunello Cucinelli, in a building adjacent to the recently opened Chanel flagship, the Versace store will span approximately 3,000 square feet over two-levels and will incorporate its iconic Italian touch with the modern dynamism the brand is known for. The boutique will offer guests a selection of fashion and lifestyle products including haute couture, prêt-à–porter, accessories, jewellery, watches and more, each item representing Versace’s heritage and embodying the brand’s strong and fearless designs.
“We are very pleased to welcome Versace’s Canadian Flagship to its home in Yorkville,” said Gregory Menzies, Executive Vice President, First Capital Reality. “Yorkville has long since been the city’s go-to for luxury fashion, and the neighbourhood’s ongoing revitalization makes it the perfect community for a globally-known brand like Versace. 102-108 Yorkville will be a destination to experience a growing list of iconic brands, restaurants and retail.”
In addition to luxury fashion, the 102-108 Yorkville development will also be home to global award-winning salon/spa and cocktail bar, Her Majesty’s Pleasure on the third floor and a high-end Japanese restaurant on the lower level that will be announced in the coming weeks. The project is now 100% leased. To date, First Capital Realty has invested approximately $600 million in the Bloor-Yorkville area with a portfolio that now includes 400,000 square feet of space comprised of the mall, street front retail properties on Yorkville Avenue and the retail component of One Bloor at the intersection of Yonge and Bloor.
ABOUT FIRST CAPITAL REALTY INC. [TSX:FCR]
First Capital Realty is one of Canada’s largest owners, developers and managers of grocery anchored, retail-focused urban properties where people live and shop for everyday life. As at June 30, 2017, the Company owned interests in 160 properties, totaling approximately 23.8 million square feet of gross leasable area.
Founded in 1978, the Gianni Versace S.p.A. is one of the leading global fashion design houses. Under the Artistic Direction of Donatella Versace since 1997, the Gianni Versace S.p.A. designs, manufactures and distributes fashion and lifestyle products including haute couture, women and men ready-to-wear, jewelry, watches, accessories, fragrances and home collection.