The mall is owned and operated by Oxford Properties, one of the largest shopping centre development companies in Canada.

It opened in 1974, at which time its layout was a north-south arrangement with two sunken sitting areas surrounded by brick planters on the lower level.

The mall is anchored by five retailers: Hudson’s Bay, Sportchek, Toys “R” Us, Stitches, and Designer Row.

A $60 million renovation was completed in 2008 adding 148,000 square feet (13 750 m²) to include a new 950-seat food court and 25 new fashion retailers including Forever 21 (closed 2020), Zara, Victoria's Secret, Hollister Co. (closed 2020), Browns, HMV (now Sunrise Records), Michael Kors, Apple Store, H&M, and Disney Store.

On September 7, 2018, the mall opened Market & Co, an area with restaurants and food stores, after renovating and converting the space previously occupied by Zellers and later by Target.