Aoyuan Selects H-Mart Supermarket as Anchor Tenant for Retail Space in M2M Condos
Aoyuan Selects H-Mart Supermarket as Anchor Tenant for Retail Space in M2M Condos
With construction of M2M Condos proceeding as planned, Aoyuan International, the developers of the 8.6-acre master-planned community development in North York, has announced which grocery retailer will be occupying the development’s 36,000ft² retail space. In keeping with the community focussed approach that has guided the project thus far, M2M will welcome the Korean-American supermarket chain H-Mart for the opening of their flagship Toronto store.
Designed by Wallman Architects, the 5-tower M2M community is being brought to life gradually through a phased approach. The first phase consists of two towers, soaring 34 and 38 storeys, built above a shared podium on the southern portion of the site. Phase 1 has been under construction since 2019 and, as of July, had over 40 storeys of progress between the two buildings to show for it.
The announcement of the opening of H-Mart in the M2M Condos is notable for several reasons, beginning with the sheer size of the 36,000ft² store. A supermarket is a practical tenant for the space, especially in a complex that will soon be welcoming residents to 810 new dwelling units – and that’s only the first phase. But beyond that, selecting H-Mart as an anchor tenant is also a way of recognizing and celebrating the multicultural character that is embedded in the fabric of North York.
A high-end market with an extensive inventory of Asian and international foods offered alongside commonly found western food, is better positioned to serve a diverse population, and reflects Aoyuan’s goal of aiming to build a community that has access to the essentials for a healthy, wellness-oriented lifestyle; for many, this lifestyle begins with food.
As a company, H-Mart has earned recognition internationally for its fast growing business model and progressive approach to grocery, with accolades like ranking 13th on the National Retail Federation’s Hot 100 creating a buzz around the brand. With nearly 100 locations in the U.S and 18 locations already active across Canada, the company’s flagship store at M2M will be a demonstration of the standards they have set for themselves. With a mix of eye-catching design characteristics like curved light fixtures and brick columns, the store will also feature one of H-Mart’s signature food halls, that have excited foodies with a selection of multicultural offerings.
With the promise of 180,000ft² of total retail and commercial space in M2M over phases one and two, the development will also further its commitment to creating a vibrant and well served community through the construction of a community centre and a public park.
UrbanToronto will continue to follow progress on this development, but in the meantime, you can learn more about it from our Database file, linked below. If you’d like, you can join in on the conversation in the associated Project Forum thread or leave a comment in the space provided on this page.
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