Granville Street – The well-known Granville Street strip is currently undergoing an evolution beyond the popular nightclubs that brands itself as Vancouver’s ‘Entertainment District’. In the 800 and 900 blocks of Granville Street, the Downtown Vancouver Business Improvement Association and the CBRE have remarked that deals are currently in place for all types of new tenants including independent retailers, edgy brands and restaurant chains. A retail community with brands such as Adidas, Miniso and Judith & Charles will open soon with rumours that Saks Fifth Avenue could move in persist. More changes are expected in the years to come and we’ll be letting you know as news develops.
North Vancouver Innovation – Darwin Construction is partnering with the Tsleil-Waututh First Nation to develop a 45-acre site near the northern end of the Ironworkers Memorial Bridge. It will be the largest single development project in the history of the North Shore. Known as the North Shore Innovation District (NSID), it will include over 2 million square feet of total floor area that includes residential space, living & work space, hotel space, innovation office space, innovation industrial apace, service space, retail space and recreational space. The site area consists of the Innovation District Heart (home to the majority of employment uses) and the Upper Bench (employee-focused housing with live-work and home-based business opportunities). Modeled after the successes the innovation districts in Seattle and Boston, the NSID intends to provide a unique space that attracts and keeps businesses and jobs in the area.
Plaza of Nations Redevelopment – The Vancouver City Council has recently approved a new rezoning application for the 10.3 acre Plaza of Nations. This project will be the anchor of the emerging waterfront entertainment and events district in Northeast False Creek. A 100-foot-wide pedestrian spine place will run perpendicular to BC Place and Pacific Boulevard and it will be lined with commercial spaces (restaurants, bistros, bars, craft breweries) that totals 350,000 square feet. Community amenities will also be a major component of this project and a community centre (with a childcare centre, recreational space and ice rink) will be provided for the neighborhood.