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Pacific Canada  + Cross Border News + Quebec  + Retail  | 
Rendering of the future Oakridge Park redevelopment project.

Vancouver’s Oakridge Re-opening Delayed Until Spring 2026

The highly anticipated re-opening of Vancouver’s Oakridge mall will occur later than expected.

A QuadReal Property Group spokeswoman told Connect that the 650,000-square-foot mall will open in spring 2026 instead of late 2025 as originally planned. Vancouver-based QuadReal and Westbank co-own the property and are redeveloping it together. QuadReal is also the property manager and leasing co-ordinator.

The redevelopment’s construction is not yet complete, with crews continuing to work busily five days per week. The mall is part of an overhaul that will see the former Oakridge shopping centre converted into a massive mixed-use property that will also include multi-residential buildings and office components. The property has been rebranded as Oakridge Park.

The retail component is 96% preleased, the spokeswoman told Connect. Several major international and Canadian retailers will operate stores in the revamped shopping area, which will return to its largely outdoor roots of several decades gone by. In more recent decades, the site had been rebuilt as a fully enclosed mall adjacent to an office component.

The international retailers preparing to open include big-name women’s fashion store operators Louis Vuitton, Prada, Brunello Cucinelli, Moncler, Versace and Max Mara, along with Maison Margiela, Miu Miu, Christian Louboutin and Alexander Wang. The fashion retailers will anchor the shopping area and be among 100 leading global brands. Rolex and Global Watch Company products will also be among many products sold within flagship and boutique stores.

Canadian retailers to set up shop at Oakridge Park include Arc’teryx, Aritzizia and Lululemon, BC Liquor, Canada Safeway, Canada Goose and Harry Rosen. A former Safeway store will be replaced by a new grocery outlet bearing the brand. The Harry Rosen location will be part a $50-million upgrade to the men’s clothing chain’s Canadian store fleet.

The Hudson’s Bay Company had also intended to replace an old store with a new one. But the Bay scrapped that plan in late 2024, before the full extent of its financial troubles became evident and the iconic chain began to wind down its business.

All Bay stores and Saks-branded outlets in Canada closed June 1, and the company is proceeding through a sometimes rocky creditor-protection process.

Only one store, a ground-floor Crate & Barrel, has remained open during most of the Oakridge project’s construction period. The existing medical-office building has also stayed open throughout construction.

The mall’s redevelopment has sparked billions of dollars worth of investments in new and upgraded commercial real estate projects in the surrounding Oakridge district.

Pictured: The future Oakridge Park project in Vancouver.

Rendering: Courtesy of QuadReal

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About Monte Stewart

Monte Stewart serves as Content Director - Canada for Connect Commercial Real Estate. Based in Vancouver, British Columbia, Monte provides daily news coverage of major Canadian commercial real estate markets, including Vancouver, Toronto, Montreal and Calgary. He has written about the real estate sector for various media outlets and Avison Young since the early 2000s. In addition, he has covered sports, general news and business for several leading wire services and publications, including The Canadian Press, The Associated Press, The Calgary Herald, The Globe and Mail, Research Money, The Daily Oil Bulletin, Natural Gas World and The Toronto Star. Monte is active in his community as a youth basketball coach and raises funds for such charitable causes as Movember.

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