Amazon – Seattle-based e-commerce and cloud computing giant Amazon is planning to add a third (and its largest) Metro Vancouver fulfillment centre. In addition to the existing centres in Delta and New Westminster, Amazon will be building a 450,000 square-foot site on Tsawwassen First Nation lands. Amazon’s initiatives to be the top technology company in Vancouver are ramping up what with its plans to open a 1,000-employee office at 402 Dunsmuir Street by 2020 and its announcement that it will open a new downtown office in QuadReal’s The Post development, which will over haul the vacant Canada Post building at the corner of Homer and West Georgia.
Walmart – Burnaby has opened its latest Supercentre at Metropolis at Metrotown – at 118,000 square-feet, it is the second Walmart store in Burnaby. Walmart has also announced that it plans to spend $175 million to build a 300,000 square-foot fulfillment centre in Surrey’s Campbell Heights Business Park. As the world’s largest bricks-and-mortar retailer, these plans are Walmart’s inroads towards e-commerce competitiveness they’ve also touted that these centres will have many sustainability features.
Hudson’s Bay – The Hudson’s Bay Company has announced that it will remain as one of the main retail anchors of the new Oakridge Centre shopping mall. HBC will open a new 140,000 square-foot store at a new location within the northwest corner of the 29-acre redevelopment. This new store is reported to be a part of the redevelopment’s first phase, which is scheduled for a 2022 completion date.
Cadillac Fairview – Commercial real estate company, Cadillac Fairview, has unveiled plans for the CF Richmond Center South project. In partnership with Shape Properties and GBL Architects, Cadillac Fairview plans to redevelop Richmond’s busiest shopping centre that would add new residential space, new retail space, public spaces and streets. Approximately 290,000 square feet of the existing mall will be demolished but there will be a net gain of 129,513 square feet of retail space through new construction and a pedestrian-friendly street that will integrate new restaurants, entertainment, fashion and service retail.
The Stack – The development of ‘The Stack’ at 1133 Melville in downtown Vancouver is currently the largest office development currently underway in Vancouver. At 530 feet, The Stack will become the city’s tallest commercial tower. News is already flooding in with regards to pre-leases as Ernst & Young, Blakes and DLA Piper has virtually leased the top two boxes. The Stack is targeting LEED Platinum Status and will feature club-quality fitness and cycling facilities, six outdoor decks, a pocket park and a rooftop patio.