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$60M South Asian-themed mall to be built in Markham
![]() A Markham
developer will next month begin building a $60-million South Asian-themed
mall, in what will be the largest development of its kind in North
America. The Post's Radhika Chary reports: “It will be like
Gerrard Bazaar but on a much larger scale,” David Lam said. ‘‘For me,
this is a prime location for South Asians. There are temples, mosques and
other places of worship in the vicinity. Many houses are being bought by
South Asians and their numbers are growing. I think there is a critical
mass to make it work.’’ Mr. Lam, a seafood importer, had originally conceived a Chinese mall
for the site, at
McNicoll and Markham, but switched gears when the project did not take
off and he saw a growing number of South Asians moving into the area.
South Asians form a large portion of immigrants to Canada; emigration from
India alone accounts for 12% of all immigrants to Canada. Modelled along the lines of the
Pacific Mall,
the 240,000-square-feet Sitara (The Star) will house 500 retail shops,
restaurants, food court, a huge banquet and convention centre, a
two-storey atrium for pop concerts, several patios and a 1,000-car park
facility. “Look at the history of the Chinese community and the growth of retail
stores catering to their needs. The same is happening with South Asians
now. There are some projections that by 2017, one out of every six
Canadians will be of South Asian origin. I believe this is just the
beginning of the growth of South Asian market and maybe it is good start
for me to be there,“ he said. Mr. Lam said the GTA has no indoor shopping plaza of this scale geared
to South Asian shopping needs. Until a few years ago, the sole one-stop
shop for all things South Asian was the Gerrard India Bazaar, on Gerrard
Street East. Raja Mahendran, Sitara’s head of marketing and one of its sales agents,
is also involved with an upcoming project targeting the same clientele
called GTA Square on
Middlefield and Finch. “South Asians do not have indoor malls,’’ he said. ‘‘There are strip plazas, but they are small. GTA Square is also targeting south Asians but it is on a smaller scale [40,000 square feet] and has only shops. I think in future this [indoor malls] is going to be the trend.” Sitara will claim part of the building currently housing Lam’s Tai Foong International Ltd. with construction expected to take two years.
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