A restorative facelift is planned for Horwood's Mall as the historic building's new owners hope to repair years of renovations that have taken away from its "historic charm.”

As of last Friday, 46788 Yukon Inc, a company owned by Whitehorse residents Braden Bennett, Antonio Zedda and Jack Kobayashi, became the new owners of the building at Main Street and First Avenue.

Among the trio's other businesses are Latitude Destination Management, Kobayashi + Zedda Architects, 360 Design Build and Baked Café.

Kobayashi said today they are not releasing cost of the building purchase.

"I don't want my mother to find out; she'll be mad that I spent that much money on something,” he quipped.

There are no concrete plans for how the new owners plan to "breathe new life” into the mall, Kobayashi said. They'll "take it one day at a time.”

"We're architects and planners, and we believe in strong downtowns and communities, and we feel this building is kind of pivotal to helping to create a strong downtown core and a connection to the waterfront,” he said.

The current tenants don't need to worry about losing their store space.

"We like these locally-owned businesses, which most of them are,” Kobayashi said. "It's a good building, it's what you'd call in the industry, ‘funky space.'”

Funky space is meant for more locally owned businesses, artists, food and beverages, he said.

While their plans aren't finalized yet for the building, some renovations Whitehorse residents can expect to see include restorations of high ceilings and of the older entrances to the building, especially the ones on First Avenue.

The former Taylor and Drury Ltd. building was constructed around 1905, according to Whitehorse Heritage Buildings, a book published by the Yukon Historical and Museums Association.