Vancouver’s Oakridge Centre opened its doors in 1959 and has been named one of the most profitable malls in Canada of 2017, earning $1579 of sales per square foot. It ranks second behind Toronto’s Yorkdale Shopping Centre and infront of Downtown Vancouver’s Pacific Centre. Over the past few years, there have been many talks about the redevelopment in this area. Redevelopment in the Oakridge area was finalized in the Cambie Corridor Plan, where the city of Vancouver plans to make the it the biggest growth area outside of Downtown.
Henrique Partners Architects, QuadReal Property Group, Westbank Development, and Wonderwall, a Tokyo-based interior design firm has come together to bring the redevelopment ideas to life. The innovative design is set to have 4.5 million square foot hub of retail, residential, office, parks and civic space. The ambitious group has proposed 10 towers of different heights up to 44 storeys and three mid-rise buildings. The “new” Oakridge will become the home for 6,000 residents and expected to be completed in late 2025.
We’re so excited for what’s to come in this area. With that being said, check out our Ash Street Listings below! They’re part of the Cambie Corridor Phase 3 Plan, just a walking distance from the future largest civic center outside of Downtown Vancouver. These properties are set for land assembly, with the proposal of 3 storey townhouses.
6768 & 6788 Ash Street
http://realestatechannel.ca/78775
http://realestatechannel.ca/78776
6889 & 6909 Ash Street
http://realestatechannel.ca/78777
http://realestatechannel.ca/78778
Call us if you have any questions about the redevelopment in the Oakridge area and any inquiries on the properties for sale.
Aleya Bhaloo 604-209-4504
Tyrone Robinson 778-863-7973
Source(s):
https://vancouver.ca/home-property-development/oakridge-redevelopment.aspx
https://development.vancouver.ca/650w41st/index.htm
https://www.trendhunter.com/trends/westbankoakridgehubvancouver
http://nuvomagazine.com/design/vancouvers-oakridge-mall-reimagined
http://dailyhive.com/toronto/top-malls-canada-sales-report-january-2018
https://vancouver.ca/home-property-development/cambie-corridor-plan.aspx
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