VAUGHAN, ONTARIO-In a 50-50 joint venture with Ivanhoe Cambridge of Montreal, Quebec, The Mills Corp. of Arlington, VA is moving dirt for a 1.2-million-sf enclosed shopping, dining and entertainment venue in the City of Vaughan, Ontario, that should open in fall 2004.

Located on a 200-acre site at the southeast corner of Highway 400 and Rutherford Road, north of Toronto, Vaughan Mills is ultimately slated to include 15 anchor tenants, 200 specialty shops and several restaurant and entertainment options. Mills is holding back details about its design and anchor tenants until its groundbreaking ceremony, to be held on-site on June 16.

Mills EVP Steven Jacobsen tells GlobeSt.com that finidng a location in Canada was “of extreme importance” to the cmpany’s international initiative, in large part because it is right next door. With the time it has taken to assemble the necessary acreage and get through the approval process, the groundbreaking has been three years in the making, says Jacobsen.

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