Built in the 1960s as Saskatoon's first enclosed shopping centre, it has undergone four major expansions since the late 1970s and now houses approximately 90 stores and services, anchored as of January 2021 by Giant Tiger, Planet Fitness and FreshCo.

Former anchor tenants have included Zellers, Kmart, Canadian Tire, Stedmans and a department store that at varying times used the brandings Macleods and Gambles before it was finally closed in the early 1990s.

[6] Ultimately, the Zellers location did close in the spring of 2012, and the department-store sized bay did not become a Target, remaining vacant for several years and used for a succession of seasonal and short-term retailers.

The new owners announced that the plans to add 440 condominium units had been cancelled, and that the bay formerly occupied by Zellers would be taken over by two new anchor tenants, Giant Tiger and Planet Fitness.

[7] In July 2019, Sobeys announced that the Safeway at Market Mall and three other locations in Saskatoon would be closed and converted to its discount banner FreshCo in 2020.