October 2007

 

 

 

Enterprise

 

The biggest South Asian indoor
 shopping centre in the GTA...


Politicians and local business leaders at The Sitara’s launch

Plans for an ambitious shopping centre were unveiled last month.

Tai Foong Property Development Limited Partnership launched the biggest indoor shopping centre in the gta to cater to the unique needs of South Asian and other commu-nities. Spread over 240,000 sq. ft., the shopping centre claims to be the only one of its kind in North America.

Called The Sitara, which means star in Hindi and Urdu – sitara also stands for brightness, which symbolizes this unique shopping centre as a shining new star for the South Asian commu-nity – it is designed from the ground up with modern archi-tecture and cultural elements. The Sitara promises to be an ec-lectic confluence of eastern shopping and western trends.

Speaking on the subject of tai-loring the shopping centre to South Asian tastes, the developer of the project, David Lam, said: "The South Asian market seg-ment is the fastest growing in the gta. We found that this community has unique shopping needs which are currently being met by stores scattered across the city. We felt the time is ripe for the community to have their very own shopping centre."

The Sitara has unique features that would appeal greatly to South Asians.

"The Sitara will have one of the largest convention centres in the city for multi-purpose functions such as grand banquets and entertainment shows, etc." said Raja Mahendran of Home-Life GTA Realty Inc., exclusive sales agent for the project. "It’s spread over 46,000 sq.ft. with a maximum of 40-ft. ceiling and can accommodate more than a thousand guests. This would be the perfect venue to host a lavish wedding reception as well as exhibitions and trade shows. The Sitara will also have an atrium soaring two floors high that can comfortably seat 300 and accommodate 500, a place from where they can watch entertainment on stage."

While the younger patrons will be entertained with star concerts, seniors can savour cross-cultural cuisines in the spacious food court or stroll along its comfort-able boulevards.

Investors and entrepreneurs are keen to explore the business opportunities The Sitara has opened up for them.

Located at the busy inter-section of Markham Road and McNicoll Avenue, The Sitara is situated in a growing multicul-tural neighbourhood near comm-unity spots like temples, mosques and churches, only a short drive from major highways.

"The Sitara invites everyone to play a leading role in building a landmark that will shape the South Asian cultural landscape in the gta," says Lam.

A glitzy advertising campaign was kicked off with teaser ads that will be followed by full-blown exciting advertising in the coming days.

The campaign includes tv commercials produced in Mumbai, home to the Bollywood stars.

 


SITARA SHINES

Incorporated in 1997, Tai Foong International Ltd. (tfi) is one of the leading seafood importers in North America.

It has used its expertise to build a vast network of trusted suppliers, processors and business partners globally to offer a wide range of seafood and Japanese and Asian specialty products at competitive prices.

tfi is headquartered in Toron-to and has branches in Vancou-ver, Calgary and Montreal and an extensive sales and distribution network across Canada and the us. tfi distributes under North-ern King, Thai Gold, Jasmine Delite and Oxhead brands and customers include mainstream grocery chains as well as Asian food stores, high-end Japanese restaurants and a wide variety of foodservice operators.

Owned and managed by David Lam, tfi has experien-ced business expansion and diversification over the last 30 years growing from a one-man operation into an international company. Lam strongly believes that business is ever-changing and the company should keep on pursuing new opportunities.   

tfi moved to the current location in 1986 and has wit-nessed economic growth in Scar-borough.

This is a great business opp-ortunity to develop a shopping centre that serves the growing South Asian community.

Tai Foong Property Develop-ment Limited Partnership’s first project, the biggest South Asian indoor shopping centre in the gta – The Sitara Shopping Centre – was launched on September 15.

 

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