Great article from Retail insider here >>
https://www.retail-insider.com/retai...-more-planned/
Where do you expect a Vancouver Business Center to open?
I figured I would start a thread on this. Its interesting to me as I have always found Costco to have a lack of stores in Metro Vancouver when compared to Edmonton or Calgary or even say Ottawa.
And now Edmonton is getting a Business Center next month.
here are the Costco store totals by my count:
-Calgary has 7 (including Ottoks) at 1.55 million people metro
-Edmonton has 7 (soon to be 8 with the Business Center) at 1.45 million people metro
-Ottawa has 6 (including a new Business Center) at 1.45 million people metro
-Metro Vancouver has .... 9 .... at 3 million+ people if you include Abbotsford\Mission\Chilliwack.
... NINE ........ we are massively under served.
but looking at it in detail I only really see this playing out.
- Chilliwack getting a store.
- South Surrey getting a store.
- Mission and/or Maple Ridge getting a store.
- North Vancouver? (there was plans for one 10 years ago on the site that is now the U/C sewage plant. The only sizable sites I could see would be a) on the Native land where the current Superstore is on Mt Seymour. I could see a new build there with a parkade and a store on top. even allowing for the Superstore to stay in the new build in addition to the Costco. b) at Capilano Mall. on the SW Corner surface area parking lots. same idea store over parkade.
-South Delta? I was surprised Costco did not move into the Tsawwassen Commons project when it opened....and from what I understand the Walmart there is never busy ... so maybe it was the right move. but I would have expected ferry bound traffic to stop at a Costco there as well even if they were headed to a Gulf Island or to Victoria that only has 1 poorly located store.
even with the above 3 or 4 stores plus a Business center we will still be below the per capita store count of Edmonton and Calgary.
and then when I think in terms of the Metro Vancouver business center location we would be looking at I think these options in terms of best case scenario.
1- a new build regular costco store in east burnaby/coquitlam/new west area in maybe the United Blvd area/Lougheed mall redevelopment and then the current East Burnaby Store renovated to be a business center.
2 - a new build store in North Surrey (Near Scott Road Station) or Central Langley
3 - a new build store in East Richmond or maybe Bridgeport area (Think close to the Ikea).
no matter what it is ... or other places than I mentioned it will be a couple years till we see a Business center out here at the very least sadly ..... that sucks.
would be interested to see what everyone else thinks!