Construction begins on Vancouver airport luxury mall

Date:

Share post:

Construction has officially begun on Vancouver International Airport’s luxury mall. For further details we direct you to our two articles below. Following these links is a copy of a press release from the mall developer. 

Upscale Vancouver Airport Outlet Mall to be Located on Skytrain Line

Vancouver Airport Luxury Outlet Mall Details Revealed

RICHMOND, BC – British Columbia’s first luxury designer outlet centre is set to open in the spring of 2015, with construction now underway at the 30-acre site on Vancouver International Airport (YVR) land. 

McArthurGlen Designer Outlet Vancouver Airport – a partnership between Vancouver Airport Authority and McArthurGlen Group, Europe’s leading owner, developer and manager of designer outlets – will offer 35,000 square metres (377,000 square feet) of luxury, designer and lifestyle retail on the northeast corner of Sea Island near the Templeton Canada Line station.

“This project reinforces our role in the economic development of the region,” said Tony Gugliotta, Senior Vice President, Marketing and Business Development, Vancouver Airport Authority. “Not only will it increase the region’s destination appeal for travelers and create approximately 1,000 jobs, but it will also offer the airport an alternative revenue source that will allow us to continue building YVR as a premier global gateway which, in turn, will create even more jobs.”

Rendering: McArthurGlen Designer Outlet Vancouver Airport

The designer outlet centre, which will also help keep local dollars in the local economy, will be developed in two phases: the first phase will offer 22,500 square metres (242,000 square feet) of retail space, including the most sought-after North American and European luxury brands, as well as restaurants and cafes, with 12,500 square metres (almost 135,000 square feet) added once all phases are open.

“McArthurGlen Designer Outlet Vancouver Airport will offer a highly distinctive, luxury-oriented retail destination inVancouver,” said Joan Jove, McArthurGlen’s Development Director for North America. “We are already seeing strong interest from leading European and North American fashion brands. Vancouver offers an excellent location, economic strength, tourism potential, as well as a strong partner in the Vancouver Airport Authority – all elements that guarantee success when opening a premium retail centre.”

The company’s Designer Outlets in Europe are known for brands such as Prada, Armani, Burberry, Gucci, Hugo Boss, Ralph Lauren, Salvatore Ferragamo, Ermenegildo Zegna and Michael Kors.

McArthurGlen Designer Outlet Vancouver Airport will feature two luxury piazzas, and is designed as an open-air village, with pedestrian-friendly walkways and tree-lined streets.  Design elements are inspired by iconic Vancouverarchitecture, including the city’s first post-office building, c. 1937 (now part of the Sinclair Centre complex), the Vancouver Rowing Club, c.1911, and the distinctive brick facades associated with historic Gastown.

Rendering: McArthurGlen Designer Outlet Vancouver Airport

[Image Source]

About Vancouver Airport Authority

Vancouver Airport Authority is a community-based, not-for-profit organization that manages Vancouver International Airport (YVR). Canada’s second busiest airport, YVR served 17.9 million passengers in 2013. Sixty-eight airlines serve YVR, connecting people and businesses to more than 89 non-stop destinations worldwide. Vancouver Airport Authority is a dedicated community partner and in 2013 donated more than $700,000 to local organizations. We are committed to creating an airport that British Columbia can be proud of: a premier global gateway, local economic generator and community contributor. For more information, please visit

www.yvr.ca

McArthurGlen Group 

McArthurGlen Group, Europe’s leading owner, developer and manager of designer outlets, was founded in Europe by Kaempfer Partners in 1993. The pioneer of designer outlet retailing in the region, McArthurGlen has since developed nearly 600,000 sq m/6.5 million sq ft of outlet space, with a current value of over Euro3 billion, and manages 20 McArthurGlen Designer Outlets across eight countries: Austria, Belgium, France, Germany, Greece, Italy, the Netherlands and the UK. The centres are home to the most sought-after luxury, designer and high-street brands, and offer fashion-savvy customers year-round savings of 30-70% in a vibrant shopping environment. In 2013, McArthurGlen became a joint venture between the world’s largest retail developer, Simon Property Group, and Kaempfer Partners. As part of its on-going expansion, the first McArthurGlen Designer Outlet in North America is due to open in Vancouver in 2015. For more information, please visit

www.mcarthurglengroup.com

SOURCE (including images) 

Vancouver Airport Authority

Craig Patterson
Craig Patterson
Located in Toronto, Craig is the Publisher & CEO of Retail Insider Media Ltd. He is also a retail analyst and consultant, Advisor at the University of Alberta School Centre for Cities and Communities in Edmonton, former lawyer and a public speaker. He has studied the Canadian retail landscape for over 25 years and he holds Bachelor of Commerce and Bachelor of Laws Degrees.

1 COMMENT

LEAVE A REPLY

Please enter your comment!
Please enter your name here

More From The Author

RECENT RETAIL INSIDER VIDEOS

Advertisment

Subscribe to the Newsletter

Subscribe

* indicates required

Related articles

Bloor Street Luxury Run in Toronto Adds Saint Laurent Flagship as Area Transforms 

Saint Laurent’s substantial Toronto flagship features a brutalist concrete facade, and is the latest luxury brand to open a large storefront on the former ‘Mink Mile’. 

Montreal’s Le Groupe Brande Thrives with Lightspeed Capital: A Case Study in Expansion and Efficiency

Le Groupe Brande is leveraging Lightspeed Capital and its merchant cash advance system to fuel expansion plans, while also allowing the retailer to streamline operations, cut costs and experience significant efficiency gains.

Disposable Income Spent on Food by Canadians Varies by Provincial Tax Rates [Op-Ed]

Sylvain Charlebois says that there's a noteworthy correlation to food spending in Canada and the tax rates levied upon their earnings.

Royalmount in Montreal Announces Major Retail Tenants and Food Hall Ahead of August 2024 Grand Opening [Interview]

The highly anticipated development will include a mix of luxury brands and other retailers, foodservice businesses, and entertainment unlike anything that Montreal has seen.

Home Société Group Expands Ontario Footprint with Opening of 1st Standalone MUST Stores in Toronto and Mississauga [Interview/Photos]

The Quebec-based home furnishings retailer says it plans to open stores across the country after launching its MUST nameplate in Ontario this month.

Lower Income Households in Canada Struggling to Afford Groceries Despite Increased Trudeau Government Spending [Op-ed]

Sylvain Charlebois discusses a concerning trend showing lower-income Canadians are going hungry as food prices rise.

Apple and Alo Yoga to Open Flagship Stores at Ste-Catherine and De la Montagne Intersection in Montreal 

The brands will anchor a key corner in the downtown core that is also anchored by Holt Renfrew Ogilvy, spelling confidence in downtown ahead of the opening of Royalmount in August. 

Anatomy of a Leader: Shashi Behl, Founder of Joydrop

She discusses her career as an entrepreneur over the years, and how she founded the unique jewellery brand Joydrop which has seen commercial success.

Canadian Consumer Report by Adyen Reveals Key Insights on Shopping Trends, Payment Preferences, and Technological Advancements [Interview/Feature]

With trends like buy now, pay later options, demand for faster checkouts, and the influence of social media on purchasing, retailers must adapt to meet evolving consumer expectations says the study.

SUKOSHI MART Opens Its Largest Store Yet, Elevating the Asian Beauty and Lifestyle Shopping Experience

The Asian beauty and lifestyle retailer has been expanding across Ontario, and has entered the Ottawa market with its first store.

Toronto-Based Brasa Peruvian Kitchen Targets New York City as it Plans Canadian and US Expansion

The concept began in 2021 as a ghost kitchen, followed by physical locations. The now popular chain is planning to open about 100 locations on the continent.

Yorkdale Shopping Centre in Toronto Blows Other Canadian Malls Out of the Water in ICSC Productivity Rankings 

The centre is nearly $1,000 higher than the next shopping centre ranked in terms of sales per square foot, with a VP attributing it to the mall’s location, tenant mix and overall operations.