SmartCentres was founded with a simple vision: Make a better lifestyle accessible to all Canadians.
From Shopping Centres…
At first, our mission was retail focused, based on the belief that all Canadians deserve fair pricing for their weekly shopping needs. With a shared vision, we helped Walmart enter the Canadian market in 1994, and remain Walmart’s only real estate development partner in the world.
We have since expanded to every Canadian province, but have never lost sight of why we do what we do. As Canadians’ needs evolve, our offering continues to expand, while remaining true to our purpose and core values and continuing to leverage our land development expertise.
To City Centres…
Our experienced and entrepreneurial in-house development team is now focused on our publicly announced $14.9 billion transformation plan, “Project 512”. We are developing holistic master-plans for every property in our portfolio inclusive of rental apartments, condos, towns, seniors’ residences, self-storage, offices, retail, hotels and industrial.
Introducing SmartLiving
With our SmartLiving expansion into residential, we are not just building homes, we are redefining communities. These holistic communities are walkable, transit-connected neighbourhoods, with generous open spaces and parks, diverse housing types, employment opportunities, local activations and amenities. Learn More
Our HISTORY.
1989
Mitchell Goldhar set out to make retail more convenient and affordable in Canada
With a shared vision, he covertly helped Walmart enter the Canadian market.
1994
SmartCentres opened its first Walmart in Barrie, Ontario
SmartCentres ultimately developed 176 Walmart stores across Canada.
1999
SmartCentres formed a Joint Venture with Walmart
The Joint Venture owned 100 shopping centres.
2003
First transaction With Calloway reit
CWT assets $100M CAD.
2014
PENGUIN PICKUP CONCEPT IS INTRODUCED
Over 100 locations today.
2015
CALLOWAY REIT + SMARTCENTRES MERGE
Development platform moves to the REIT excluding Mitchell Goldhar. Mitchell Goldhar was elected Executive Chairman
2016
SMARTCENTRES’ STRATEGIC FOCUS EVOLVES TO MIXED USE DIVERSIFICATION
2018
SMARTCENTRES FORMS DIVERSIFIED JV PARTNERSHIPS
2019
SMARTCENTRES LAUNCHES SMARTLIVING TO ACCELERATE RESIDENTIAL GROWTH
2020
PROJECT “512”
A $13.5 B transformation of existing properties ‘from shopping centres to city centres’.
1989
Mitchell Goldhar set out to make retail more convenient and affordable in Canada
With a shared vision, he covertly helped Walmart enter the Canadian market.
1994
SmartCentres opened its first Walmart in Barrie, Ontario
SmartCentres ultimately developed 176 Walmart stores across Canada.
1999
SmartCentres formed a Joint Venture with Walmart
The Joint Venture owned 100 shopping centres.
2003
First transaction With Calloway reit
CWT assets $100M CAD.
2014
PENGUIN PICKUP CONCEPT IS INTRODUCED
Over 100 locations today.
2015
CALLOWAY REIT + SMARTCENTRES MERGE
Development platform moves to the REIT excluding Mitchell Goldhar. Mitchell Goldhar was elected Executive Chairman
2016
SMARTCENTRES’ STRATEGIC FOCUS EVOLVES TO MIXED USE DIVERSIFICATION
2018
SMARTCENTRES FORMS DIVERSIFIED JV PARTNERSHIPS
2019
SMARTCENTRES LAUNCHES SMARTLIVING TO ACCELERATE RESIDENTIAL GROWTH
2020
PROJECT “512”
A $13.5 B transformation of existing properties ‘from shopping centres to city centres’.