U.S. jeweler Tiffany & Co. and Swiss watchmaker Tag Heuer are among the dozens of high-end retailers that will soon reach the largest redevelopment project in Canada.
Announced May 1, brands including Bulgari, Chaumet, David Yurman, Jacob & Company and Tudor will inaugurate Vancouver's Oakridge Park shopping center next spring, joining previous fashion reveals such as Moncler, Louis Vuitton and Prada. Thus far, roughly 20 percent of the leasees spread across the 650,000-square-foot opening are luxury names.
"Vancouver is cementing its status as a premier global retail experience with the introduction of these iconic brands at Oakridge Park," said Chrystal Burns, executive vice president of Canadian eetail at QuadReal Property Group, in a statement.
"Nestled within one of the world's most desirable cities to live in, Oakridge Park transcends the vibrant cultural tapestry of Vancouver, drawing in a diverse range of consumers and contributes significantly to our economy," Mr. Burns said. "It sets a new standard for urban spaces, seamlessly integrating retail, residential, and sustainability through innovative design."
Vying for Vancouver
Built in partnership with QuadReal Property Group and Westbank, Oakridge Park's tenants are altering Vancouver's luxury retail landscape.
Jacob & Company's boutique will be the mall's first standalone boutique in Canada, its largest in Western North America, while Chaumet is debuting its first-ever standalone store in North America onsite.
The refurbishment also brings Bulgari, TAG Heuer and David Yurman’s first standalone stores to Vancouver.
The city's leading watch and jewelry seller Global Watch Company is working with Rolex exclusively on the launch of a store spanning 6,000 square feet. The retailer is also collaborating with Tudor to open the brand's second boutique in Vancouver at Oakridge Park.
Biophilic design and green space will keep shoppers energized and engaged. Image courtesy of Oakridge Park
Once completed, Oakridge Park will house a curated collection of prestige boutiques spanning apparel, jewelry, watches, beauty, wellness, lifestyle and home décor.
Brunello Cucinelli, Christian Louboutin, Maison Margiela, Max Mara, Miu Miu and Versace are among the inaugural fashion companies setting up shop.
Fine dining experiences will offer visitors a chance to taste flavors from across the globe. The second-ever Time Out Market in the country will blend culinary treats and cultural experiences, designed after traditional food halls found in Europe and contemporary markets in Asia.
A nine-acre park, the largest library in the city’s West Side, indoor and outdoor performance venues, the Goh Ballet’s flagship academy and other recreational spaces will also greet guests. Residences at Oakridge Park will open alongside retailers in spring 2025.
The development began construction in 2017, transforming a former town center that remained open for 65 years. Once called Vancouver’s “most stylish shopping destination,” it is in the midst of being updated and modernized.
Including the retail space, the town center totals 5 million square feet in size, making it a sizable spot that could boost the city’s reputation with affluent customers.
“In the world of luxury retail, Oakridge Park in Vancouver stands out as a global exemplar,” said Andy Clydesdale, executive vice president of global retail at QuadReal Property Group, in a statement.
“Located in one of the most livable cities, it features a unique nine-acre park at its heart, blending nature with the fusion of East and West cultures for an unparalleled experience that will further build our economy, and attract diverse consumer bases from around the world,” Mr. Clydesdale said. “It sets a new standard for transformative projects by seamlessly integrating retail, residential, and sustainability elements through innovative design and functionality."
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