The land that the mall now stands on was the location of Mount Pleasant School, originally built in 1888.

The contract, worth $2.5 million was awarded to Royal Oak Holdings (currently Beedie Development LTD).

Some initial tenants included Safeway, Fields, Radio Shack, Shoppers Drug Mart, and the Mount Pleasant Branch of the Vancouver Public Library.

[5] The mall is host to seasonal, such as dancers for Chinese New Year and St. Patrick's Day, Santa around Christmas and pumpkin carving around Halloween.

[8] In 2022, Canadian musicians Arkells and Tegan and Sara released a music video for the song Teenage Tears that features the mall.