Lululemon Will Open A New Flagship Store In Downtown Toronto & It's Going To Be Huge
Buying leggings just got a lot more exciting.
Rendering of the flagship Lululemon store in Yorkville.
Yorkville will soon start to look quite different. Hudson's Bay and Zara are two staples that previously announced their time had come to an end at Bloor-Yonge.
Don't be too upset though, because real estate investment firm KingSett Capital has announced that a Lululemon flagship store will be opening in the area, and it'll be huge.
The 12,100-square-foot store will be located at 2 Bloor St. W.
Talbots and Swarovski were the location's previous tenants and also closed their doors after years in the area.
This is all part of a bigger plan to redevelop the complex known as Cumberland Terrace. The plan proposes a new residential and retail development project set out by KingSett Capital.
According to Retail Insider, the Lululemon store will be located at the street level and will have access to the concourse with a direct connection to the TTC.
The flagship store will have a wrap-around glass exterior to make for a significant presence in the area.
Reportedly, the Lululemon located on 153 Cumberland St., a much smaller store, will relocate to the new space.
But don't run to Bloor-Yonge just yet. According to Retail Insider, the new Lululemon in Yorkville is set to open in early 2024. Finding the perfect leggings to go with your Uggs will get more exciting once this massive flagship store actually opens.
However, it might not be smooth sailing for Lululemon. Retail Insider reported there might be competition in the area as another popular workout store has plans to open a flagship location at Bloor-Yonge. This time, it's a U.S.-based yoga-wear company entering the Canadian market called Alo Yoga.