It was originally opened in 1959 by Woodward's Stores which anchored the centre until it was sold to Hudson's Bay in 1993. A Target was originally planned but in 2015 Target Canada filed for bankruptcy protection and announced the closing of all stores, cancelling four locations. It is one of the two largest malls within the city of Vancouver, the other being CF Pacific Centre, and along with Pacific Centre are two of the most profitable shopping centres in Canada.
