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Vancouver Retail Development News: Pacific Centre Expansion
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(Posted on Aug 14, 2016 at 01:00PM by Michelle Bogle)
Cadillac Fairview, one of the largest owners, operators and developers of best-in-class office, retail and mixed-use properties in North America, has applied to the City of Vancouver for permission to replace the existing rotunda at Pacific Centre Mall with a three-storey commercial building.
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This multi-phase refresh will create an additional 31,603 sq. ft. of world-class high-end luxury retail in the heart of Vancouver. It follows other notable developments in the area, including Holt Renfrew and Nordstrom’s.
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According to Cadillac Fairview, the new Pacific Centre Georgia Street Pavilion will feature a strong and expressive roof line with raised planters and skylights, eye-catching building massing and a palate of high-quality materials, such as dark stone, timber soffits, glass and vertical screening.
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The building will consist of glazed retail frontages along Georgia and Howe Streets with six retail “Lanterns†across the second floor. The third level will feature an outdoor restaurant deck with a large cantilevered timber canopy overlooking Georgia Street and the Vancouver Art Gallery's North Plaza.Â
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It's sure to be a stunning addition to the area. To view the proposed design rationale by Perkins + Will Architects Canada, please click here.
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For more information on retail investment opportunities and developments across the Lower Mainland, please contact our Vancouver office to speak with our Retail Specialist, Ibrahim Aytug. You can also view our featured listings by clicking here.
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