What is Oakridge Park?
Oakridge Park is one of the most monumental redevelopments currently underway in North America. The sheer scale and ambition of the project are turning heads globally as this mega project breaks ground to become a second city centre for Vancouverites.
About Us
Oakridge Park will be Vancouver’s cultural hub. Culture is the manifestation of life itself.

History

For over six decades, Oakridge Shopping Centre was one of the most prosperous shopping centres in Canada, averaging approximately 9 million visitors a year. An opportunity has presented itself for us to create a new municipal town centre in a city already regarded as one of the most livable and beautiful in the world. Our goals are audacious, and we are looking for exceptional retail partners who share our ambition to develop a cultural hub for Vancouver that the world will look to for inspiration. We want to rethink the place we call home, the way we meet friends, the way we eat and the way we shop. We want to recreate the everyday.

Growth

Located in the geographic centre of Vancouver – equidistant between Downtown and the Vancouver International Airport, Oakridge Park and the extensive development of the Cambie Corridor will bring more than 30,000 new homes to the area within the next 10 years. The emerging growth of the Oakridge area is estimated to outpace the broader Vancouver region by over 23%, making this the largest growth area outside of Downtown Vancouver.

Location

The city of Vancouver is part of the Greater Vancouver Regional District (GVRD), the largest urban centre in British Columbia and third largest in Canada. Vancouver enjoys a high quality of life and is home to a vibrant and diverse economy featuring biotechnology, film & media, finance, and tourism. This has given Oakridge Park the designation of Vancouver’s next municipal town centre.

Customer Profile

Oakridge Park is located in one of the most affluent postal codes in Canada, which since the 1980s has been a preferred residential neighbourhood in Vancouver, largely for the quality of its schools. The demographic for homes at Oakridge Park is largely comprised of a similar make up to the surrounding neighbourhood, primarily those of mainland Chinese/Hong Kong and to a lesser extent Taiwanese backgrounds, who have existing ties to Vancouver’s West Side and are Canadian residents. The majority of condominium purchasers are in their late 30s to late 50s, with the higher end suites (Penthouses), typically purchased by those in their 50s.

Download Demographics Study

The larger homes within the development are largely purchased by families with children whereas studio and 1-bedroom homes are mostly purchased by parents for their children to reside in while continuing their education (for example at UBC) in Vancouver. Two-thirds of Oakridge Park’s shoppers have historically come from the Primary Trade Area (the City of Vancouver and UBC District). This customer base is comprised of a younger demographic, with 50% of shoppers under the age of 45, and 8 in 10 customers are post-secondary educated. Over 20% of households have incomes significantly above the City’s average and 16% of Oakridge residents are in the top 10% of Canadian incomes.

Time Out Market

Oakridge Park will be home to the second Time Out Market in Canada. Located in the shopping centre, Time Out Market Vancouver will bring the best of the city together under one roof – it will offer a curated collection of the city’s best culinary and cultural experiences. Visitors will get to taste food from top local chefs plus renowned restaurateurs, sip cocktails from award-winning mixologists and enjoy art, music and entertainment from rising talents. Across 54,000 sq ft, there will be a diverse mix of 17 live cooking kitchens, three bars, a coffee shop, a stage, art and cultural spaces, and an open-air patio, as well as a signature cocktail lounge, an event space, and a demonstration kitchen. With approximately 1,000 plus seats (including the event space), guests will have a variety of indoor and al fresco dining options

Food Hall

The Food Hall at Oakridge Park will represent a culinary paradigm shift. It will be anchored by 17 live cooking kitchens overseen and run by culinary talent from around the world. In addition to housing, an unprecedented selection of curated food options, the 54,000 square feet food hall will also include a mezzanine with a sprawling bar that will serve a curated selection of wines, beers and signature cocktails and house daily live entertainment and music.

Iconic Retail

When Oakridge opened seven decades ago, it was one of North America’s most successful shopping centres. As Oakridge Park, it will remain so for years to come.

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