Downtown Yonge Thrives
With over 180,000 residents and 500,000 workers within a 10-minute walk of the area, Downtown Yonge is a best in class destination that features a range of opportunities and experiences, and bolsters Toronto’s economy.
What encompasses Downtown Yonge?
Over 4 million square feet of retail space
Over 700 retail stores; 156 fashion stores, 190 restaurants, 110 services.
Almost 80% of businesses are small, non-leading retailers (Centre for the Study of Commercial Activity, 2018).
Shoppers can enjoy a range of shopping choices, with four malls – including the CF Toronto Eaton Centre, Atrium on Bay, College Park and 10 Dundas East - and a multitude of unique and boutique streetfront retail.
The CF Toronto Eaton Centre, the busiest shopping mall in North America, is located right in the heart of Downtown Yonge, boasting over 50 million visitors annually. It is also one of the top malls in Canada by sales per square foot and the 2nd largest in Canada by square footage (Retail Council of Canada, 2017).
Over 45 different development and construction projects under development or being proposed in and around the Downtown Yonge area
Who is Downtown Yonge?
With an average household income of $105,000, residents in Downtown Yonge enjoy nights out at the theatre and live sporting events, eating out at restaurants and shopping all the latest styles.
Over 110,000 students attend Ryerson University, spending almost everyday in the Downtown Yonge area.
One of our goals is to provide market intelligence and tools to members and prospective members to build resilience, sustainability and facilitate decision making.
Fee for Service
Using a social enterprise approach, our fee-for-service work allows our expert staff to perform market analysis, strategic consulting services and more for the wider BIA, planning and economic development community, to contribute to the collective subject matter expertise of downtowns.
Our pedestrian and vehicle counters are located at five key intersections (Queen, Shuter, Gerrard, College/Carlton, Dundas). The 24/7 counting system monitors traffic flows of people and motor vehicles, travelling northbound and southbound on Yonge Street. The data gathered benefits members with properties for lease by aiding retail recruitment efforts, can provide background context for members marketing and event initiatives, and informs capital improvement projects that improve our neighborhood's streetscape.
We want your business to join the Downtown Yonge family, which is why we publish monthly retail listings to give you the most comprehensive look at what is available in Downtown Yonge and who to contact to get you started.
As part of the COVID-19 Road to Recovery, the Downtown Yonge BIA has created a semi-annual economic newsletter, highlighting key indicators such as traffic flows, retail vacancy, visitor data, and more.