The Metro Vancouver Retail Thread

[officedweller]

Rumour has it that Holt Renfrew has a non-compete clause in its lease preventing Cadillac Fairview from leasing space in Pacific Centre to another high end department store.

[Built Form]

1) The former Thurlow Starbucks has been leased, they're working on it now but I don't know what it is.

2) According to the construction crew Victoria Secret has leased the first and lower floors of the HMV. They are eliminating the atrium space in both the HMV and office entrance by building a ceiling to cap off the entire first floor.

3) Also according to them CKNW is taking some office space vacated by CTV.

4) And yes they were all wearing orange vests

[Vestry]

Anyone know any companies in Vancouver that provide retail technology infrastructure?

[LeftCoaster]

Originally Posted by Built Form

1) The former Thurlow Starbucks has been leased, they're working on it now but I don't know what it is.

2) According to the construction crew Victoria Secret has leased the first and lower floors of the HMV. They are eliminating the atrium space in both the HMV and office entrance by building a ceiling to cap off the entire first floor.

3) Also according to them CKNW is taking some office space vacated by CTV.

4) And yes they were all wearing orange vests

I'd be surprised about VS in CTV, but in the end I hope it's right. It's a much more appropriate location than where I heard they were going to end up, and leaves that location for a much better retailer.

[wrenegade]

Originally Posted by Built Form

According to the construction crew Victoria Secret has leased the first and lower floors of the HMV. They are eliminating the atrium space in both the HMV and office entrance by building a ceiling to cap off the entire first floor.

I mentioned this back in February. I wonder if the Abercrombie I heard about is also happening?

Originally Posted by wrenegade

Rumours are Victoria Secret & Abercrombie.

Also, if there is in fact an exclusive in Holt Renfrew's lease precluding another high-end department store I would have to say that is a pretty big oversight on Cadillac Fairview's part.

[officedweller]

My understanding is that any other tenant would be more profitable to CF than Sears (at Eatons lease rates).

[Locked In]

Originally Posted by Built Form

1) The former Thurlow Starbucks has been leased, they're working on it now but I don't know what it is.

A Caffe Artigiano, according to the Globe.

One opened in 1988 – the third Starbucks in Canada. The other, located in a 1908-era apartment building kitty-corner to the first, opened a year later. But Starbucks closed the first store last month, citing a failure to come to a deal to renew the lease of the property.

That failure opened a door for Mr. Mounzer, president of Vancouver-based Caffe Artigiano, a 12-year-old company known for its old-world, Italian-themed atmosphere and cutting-edge coffee.

Mr. Mounzer has snapped up the space occupied by the former Starbucks. He plans to open the his new store – the 14th in the Lower Mainland – within three weeks. There is also a store in Victoria and two in Calgary.

[rxp]

Originally Posted by Built Form

1) The former Thurlow Starbucks has been leased, they're working on it now but I don't know what it is.

2) According to the construction crew Victoria Secret has leased the first and lower floors of the HMV. They are eliminating the atrium space in both the HMV and office entrance by building a ceiling to cap off the entire first floor.

3) Also according to them CKNW is taking some office space vacated by CTV.

4) And yes they were all wearing orange vests

Robson and Burrard? didnt someone earlier say that was not the case? leftcoaster?

[daveraver]

Originally Posted by officedweller

Rumour has it that Holt Renfrew has a non-compete clause in its lease preventing Cadillac Fairview from leasing space in Pacific Centre to another high end department store.

I'm not sure if this is implying that Nordstrom is a competitor of Holt Renfrew. I think it's a bit of Holt's and a bit of the Bay.

Leftcoaster - Didn't you say we'd hear something about Nordstrom around mid-June? I imagine that something will be announced any day now?

[hollywoodnorth]

Originally Posted by daveraver

Leftcoaster - Didn't you say we'd hear something about Nordstrom around mid-June? I imagine that something will be announced any day now?

http://forum.skyscraperpage.com/showpost.php?p=5735152&postcount=1001

[LeftCoaster]

^Ya it will be early July most likely now.

As for VS not happening on Burrard and Robson I had definitely heard they were going elsewhere but plans change so I could be wrong.

[rxp]

Originally Posted by LeftCoaster

^Ya it will be early July most likely now.

As for VS not happening on Burrard and Robson I had definitely heard they were going elsewhere but plans change so I could be wrong.

what are the other possible locations that are vacant or vacantable?

[officedweller]

Yeah, it would depend on the wording in the non-compete clause and whether Nordstrom fits within it.

*****

Another story on YVR developments:

http://www.richmondreview.com/news/159497495.html

An artist's rendering of one of the luxury plazas inside a future designer outlet mall on Sea Island.

...

Phase 1 of a luxury outlet mall will open on Sea Island in the fall of 2014, Vancouver Airport Authority officials have announced.

The 459,600-square-foot retail centre—twice the footprint of the Richmond Olympic Oval—is a joint project between the airport and London-based McArthurGlen Group. It's expected to boast the world's leading fashion brands like Prada, Armani, Burberry and Gucci.
...

Luxury designer outlet on Sea Island

•Vancouver Airport Authority planning to develop a destination retail centre of luxury brands with London-based McArthurGlen Group.

•Public information sessions will be held
Tuesday, June 26 and Wednesday, June 27 from 5:30 to 7:30 p.m. at River Rock Casino Resort's Whistler Ballroom C

•Sessions will offer information on building design, economic benefits, environment and timeline

[SpongeG]

west elm has their windows on south granvuille saying they are hiring - according to a pic i saw on twitter... have not seen this wrap in person yet to confirm but seems legit since its the south granville bia posting the pic

[hollywoodnorth]

Originally Posted by hollywoodnorth

and here is the job posting for manager >> http://jobs.vancouversun.com/jobs/detail...d&utm_medium=organic&utm_campaign=Indeed

maybe one of the local blogs will use this story now?

and according to HQ yes it will be on Howe street! whoot!

http://www.vancitybuzz.com/2012/06/chipotle-mexican-grill-vancouver-near-robson-square/


cough cough

[officedweller]

Memphis Blues BBQ on Robson opens TODAY!

[Metro-One]

Nice!

[LeftCoaster]

Originally Posted by rxp

what are the other possible locations that are vacant or vacantable?

There are a couple of expansion opportunities at Pacific Centre, the new project at the corner of Robson and Granville, many opportunities on Granville and the odd place on Robson itself.

[rxp]

Originally Posted by LeftCoaster

There are a couple of expansion opportunities at Pacific Centre, the new project at the corner of Robson and Granville, many opportunities on Granville and the odd place on Robson itself.

Thanks!

[thefly]

Artigiano is opening up in the old Starbucks location on Thurlow and Robson.
http://www.theglobeandmail.com/news/brit...brewing-on-coffee-corner/article4359052/