HomeCommercialCapilano Mall redevelopment could include new housing

Capilano Mall redevelopment could include new housing

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The owners of Capilano Mall in North Vancouver are planning for redevelopment and have launched a public engagement effort.

QuadReal Property Group is planning the future redevelopment of the shopping centre, which is over 50 years old and recently lost one of its main anchor tenants, Sears, in 2017.

Capilano Mall opened in 1967 in a low-lying area that was formerly home to wartime housing and known as “Skunk Hollow.” The first anchor tenants were Woolco and SuperValu, followed later by Sears. The mall is now anchored by a large Walmart Supercentre.

Capilano Mall redevelopment 2019
Aerial photo of Capilano Mall on left. Credit: QuadReal Property Group

QuadReal has proposed five “guiding principles” for the upcoming redevelopment of Capilano Mall:

  • A transit-oriented and connected community, capitalizing on a new RapidBus route on Marine Drive
  • Sustainable community design, and ecological restoration and enhancement of nearby MacKay and Mosquito creeks
  • A vibrant neighbourhood centre
  • Employment, retail and community services
  • A mix of housing options, with an eye to housing affordability on the North Shore

QuadReal says there will be no immediate changes to mall operations.

To participate in the public engagement process, complete an online survey on the future of Capilano Mall at capilanomall.com/thinkingcap by January 31, 2020.

A PDF of the public engagement document is available here

Capilano Mall redevelopment concept
Conceptual drawing of an upcoming redevelopment of Capilano Mall in North Vancouver. Credit: QuadReal Property Group

QuadReal and Westbank redevelopment of Oakridge

QuadReal and Westbank are behind the redevelopment of Oakridge Centre in Vancouver, which will see the addition of over 2,500 new homes, a nine-acre park, an enhanced and expanded shopping centre, community centre and more.

Westbank has reportedly already sold $1 billion of units at Oakridge in less than one year, according to a recent report by Bloomberg News

The Oakridge redevelopment is expected to cost $5 billion and is one of the largest real estate redevelopment projects in North America — comparable in size to the Hudson Yards project in New York City.

688 West 41st Avenue Oakridge towers mountains
Oakridge rendering. Credit: Henriquez Partners Architects
688 West 41st Avenue Oakridge towers
Oakridge rendering. Credit: Henriquez Partners Architects
688 West 41st Avenue Oakridge overall
Overall redevelopment scheme of Oakridge Centre. Credit: Henriquez Partners Architects
Aerial view of Transit Plaza
Aerial view of Transit Plaza at Oakridge. Credit: Henriquez Partners Architects

The Post redevelopment in downtown Vancouver

QuadReal is also behind the redevelopment of the former Canada Post building in downtown Vancouver, which will see two new office towers constructed atop the original building, with 1.13 million square feet of office space, most of which will be leased to Amazon.

In the former post office structure will be a food hall, Loblaws CityMarket grocery store, gym, pharmacy and more. It should be complete by mid-2023.

The Post Amazon Canada office
Construction is underway on The Post by QuadReal, which will be home to thousands of Amazon employees.
The Post QuadReal development rendering
Rendering of The Post development by QuadReal. Credit: QuadReal
The Post Loblaws CityMarket banner sign
Banner sign for Loblaws CityMarket at The Post in downtown Vancouver. Credit: QuadReal
Rendering CityMarket window sign
Window sign at future Loblaws CityMarket at The Post in downtown Vancouver. Credit: QuadReal
The Post Interior Retail
Interior of the retail space at The Post by QuadReal. Credit: QuadReal

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Peter Meiszner
Peter Meisznerhttps://www.peterforvancouver.com/
I am planning to run for Vancouver City Council in 2022. Please visit peterforvancouver.com to stay informed on my campaign.
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