Oakridge Park Announces 1st Luxury Retailers, Attracting Top Brands to Vancouver [Podcast]

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Oakridge Park Announces Luxury Retail Expansion, Attracting Top Brands to Vancouver

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Craig and Lee discuss Oakridge Park’s transformation into a luxury retail hub, which will include a mix of luxury and upper contemporary brands such as Christian Louboutin, Miu Miu, Alexander Wang, Maison Margiela, and Versace. This marks a significant upscale shift for the shopping centre which was formerly known as Oakridge Centre. With about 20% of its retail space dedicated to luxury brands, Oakridge is set to become an exclusive mall attracting a wealthy clientele. Craig shares insights from Crystal Burns of QuadReal, emphasizing the strategic positioning of Oakridge Park in Vancouver’s retail scene.

The discussion extends to the introduction of new-to-market brands to Vancouver and the implications for the city’s luxury retail landscape, highlighting the city’s capacity to support this influx of high-end retailers.

Rendering of the ‘luxury run’ at Oakridge Park. Image via QuadReal

Craig and Lee further explore the presence of existing brands in downtown Vancouver and their expansion to Oakridge, including Louis Vuitton, Prada, and others. They ponder the future of luxury retail in Vancouver, considering the potential for market share shifts between downtown and Oakridge Park. Craig says that he anticipates future announcements and discusses the development’s impact, drawing parallels with Royalmount in Montreal. The conversation concludes with optimism for Oakridge Park’s contribution to Vancouver’s status as a luxury retail destination, eagerly awaiting the project’s completion and the arrival of new retailers in the spring of 2025.

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Background Music Credit: Hard Boiled Kevin MacLeod (incompetech.com). Licensed under Creative Commons: By Attribution 3.0 License. http://creativecommons.org/licenses/by/3.0/

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