Galleria Centre Expected To Inject New Jobs And Spur Economic Growth In Region
Toronto: Galleria Centre, a vibrant and upscale shopping mall of glitz and glamour, broke ground on May 11 in Mississauga. Located at Dundas Street and Dixie Road, the 250,000-square foot shopping centre is set out to become the new landmark in the Region of Peel.
Galleria Centre is expected to create thousands of employment and business opportunities for the local community during construction and after occupancy. The high-end mall will be situated at a high traffic prime location with modern amenities, upmarket shopping experiences and gourmet dining that defines a new vision of style, comfort and convenience.
The groundbreaking ceremony was officiated by Senator Victor Oh, MP Peter Fonseca, Mississauga East-Cooksville, Larry Krauss, CEO & Principal of Terracap Group of Companies, Sam Park, Partner of Galleria Centre Inc., Jeffery Min, CEO of Galleria Supermarket Inc., and Gabriel Grossi, CEO of Belrock Design Build Inc.
“This is a project that we consider to be one of the most exciting new retail developments to be undertaken in Mississauga in recent years. We believe that Galleria Centre will be drawing not only on the local market, but on the wider GTA, and in turn become a tourist attraction,” said Larry Krauss, CEO & Principal, Terracap Group of Companies. “We view an investment in the Galleria Centre as an investment in a first class luxury product and in future success. We expect nothing less.”
Mississauga Mayor Bonnie Crombie congratulated Galleria Centre which “will soon become a landmark destination where Mississauga residents will meet to shop, dine and enjoy world-class entertainment. It will also be a place where businesses, big and small, can establish themselves to reach customers to sell their goods and services. The Galleria Centre will become an important part of our local, thriving economy.”
Shop, Dine and Connect in Style
Galleria Centre is inspired by internationally-renowned shopping destinations in Europe and Asia. It combines brands and quality with a stunning and sensual experience. Sprawling across an area of approximately 250,000 square feet with over 600 retail units of shops, Galleria Centre provides different types of units for retails, service and food vendors.
Galleria Centre will cater to the diverse population in the GTA. In spring, summer and fall, the courtyard and patio areas will become a magnet for families and friends to dine and socialize, with gourmet restaurants and a Wi-Fi connected Food Hall serving a wide variety of delectable cuisines. Within the mall, there is also a grand stage area with state-of-the-art facilities for performances, exhibitions and community events. In addition, a 5-level covered parking will be available to ensure ample parking spaces.
Anchored by HSBC and Galleria Supermarket, Galleria Centre will offer shoppers a unique shopping and lifestyle convenience, and a fine selection of quality and authentic Asian merchandises at the Galleria Supermarket to satisfy the needs of sophisticated shoppers.
An Impeccable Investment Hotspot
With no other comparable malls nearby, the Galleria Centre benefits from a sound business environment. Located next to highways, GO station, major banks and several mega brand name stores, including Costco and Walmart, Galleria Centre will welcome a high flow of traffic, thus is bound to attract urban tourists from around the world and sophisticated quality tenants and businesses.
As Canada’s sixth largest city, Mississauga’s population has exceeded 720,000*. Mississauga has been fuelled by strong immigration due to its proximity to Toronto Pearson International Airport and reputation as the headquarters choice for globally-renowned companies. The young, affluent educated families settled in the city will provide a steady, customer-rich environment for retail businesses to thrive on. Galleria is an impeccable investment hotspot, representing a solid investment opportunity with the potential to optimize returns. The anchor store and other retailers are carefully selected to maximize profits for investors, businesses and unit owners alike. For more information, please visit www.galleriacentre.com
Excellence of Top-notch
Design and Sales Team
Galleria Centre is developed by Terracap Group of Companies, a fully integrated real estate investment and development corporation.
The company has been involved in over 40 real estate transactions across North America, including multi-residential properties, development lands, and income producing office and retail properties.
The development team also includes renowned Toronto architectural firm Turner Fleischer Architects Inc. and award-winning design firm Straticom Planning Associates Inc. Sales team is from Tradeworld Realty Inc. where the elite sales representatives can speak multiple languages including English, Mandarin, Cantonese, Korean, Vietnamese, etc. For business inquiries please call (416) 233–8868 or email email@example.com