[Burnaby] Station Square | 35,38,48,41,52 fl | Completed

[officedweller]

Originally Posted by bluefox

I'm surprised by that, honestly, since, from what I recall, it's always been the plan to put a Save-on-Foods back in there once the property was rebuilt and OWFG seems to be slowly retiring the PriceSmart marque. I wonder what changed?

I suppose it does make sense based on their strategy of repositioning PriceSmart to focus more on the international/ethnic market, as the Metrotown area would be a good place to continue that strategy.

There's a T&T in Metropolis (as well as a Superstore) - I guess they decided which they'd rather compete with.

[DChan88]

Hey guys new to the forum, and a little off topic had a question for you guys. If you had to choose between Station Square ( Almost sold out) or between Amazing Brentwood tower 3 which one would you choose? location wise as an investment.


Thanks

[Sheba]

The Metro Vancouver Real Estate Thread

[jlousa]

I'd go Station square over Brentwood all day long but most posters seem to prefer Brentwood. Depends on your personal situation.

I can confirm Best buy will be opening at Station square for Black Friday, they will also be closing the store across the street. That will leave a big hard to fill space along Kingsway.

[vanman]

Station Square has the nicer units and more established neighbourhood although Metrotown still has a long way to go. Amazing Brentwood has huge potential but it will take alot of time to fill out.

[Sheba]

Originally Posted by jlousa

I can confirm Best buy will be opening at Station square for Black Friday, they will also be closing the store across the street. That will leave a big hard to thing space along Kingsway.

They're leaving a big hard thing on Kingsway?!?

[Waders]

I walked around the renovated mall today around 6pm. It is still very empty.
Dollarama store location is almost the same as before.

And yes, Best Buy will open at Station Square. It is located at the 2nd floor above Dollarama. I saw a "Renovation Permit" notice posted by contractor with the project title "Best Buy Station Square". It looks like the store size will be smaller than its current Kingsway location. The new store will be just a few steps from the new yet to be built footbridge from skytrain station. So the location is very convenient.

[red-paladin]

Pretty sure he meant big hard to fill space.

[GeeCee]

Originally Posted by jlousa

I'd go Station square over Brentwood all day long but most posters seem to prefer Brentwood. Depends on your personal situation.

I can confirm Best buy will be opening at Station square for Black Friday, they will also be closing the store across the street. That will leave a big hard to thing space along Kingsway.

Makes sense. Thanks dude!

I guess this is the part where people start speculating Uniqlo or Simons to go there..

[VarBreStr18]

Originally Posted by vanman

Station Square has the nicer units and more established neighbourhood although Metrotown still has a long way to go. Amazing Brentwood has huge potential but it will take alot of time to fill out.

Baffles me there is not a glimpse of what stores may be coming to Brentwood retail scene. They are absolutely hush hush about this even as Target pulls out as anchor tenant. Think it would be more reassuring to potential buyers to know some concrete information. So far it is only a vague promise of something great. SOLO across the street already know of Whole Food fairly early in the development stage.

[Sheba]

Bed Bath & Beyond is now open. I'm guessing a few more of the stores in the Central Blvd reno end will be open by Black Friday, with the rest open in time for Xmas shopping. The PriceSmart should be open by then too.

[SpongeG]

Marshalls would be a good fit for the old best buy spot on kingsway

[vanman]

Originally Posted by VarBreStr18

Baffles me there is not a glimpse of what stores may be coming to Brentwood retail scene. They are absolutely hush hush about this even as Target pulls out as anchor tenant. Think it would be more reassuring to potential buyers to know some concrete information. So far it is only a vague promise of something great. SOLO across the street already know of Whole Food fairly early in the development stage.

Yeah it is weird. When I visited the presentation centre a few months back they had zero info on the expected retail tenants.

[WBC]

Originally Posted by SpongeG

Marshalls would be a good fit for the old best buy spot on kingsway

I find it odd that developers keep building new retail space when there are large chunks of space available in Metrotown. If Best Buy moves there will be that space free plus old Staples location on Kingsway and McKay. Inside the Metrotown mall there is a huge space left by Target plus old location of TGI Fridays. Those are significant chunks of space that have been sitting or will be sitting on the market for years...That does not even include all the small spaces that can be had in the mall and surrounding area.

It seems that pattern is that developers create a new space, custom tailor it to an initial tenant, the initial tenant fails and then that space sits there forever.

In addition to that, the same stores keep opening and cannibalizing each other sales. Shoppers has now 3 locations in Metrotown. The one on Kingsway that is open 24 hours does not even bother staffing the registers full time as they have only a few customers or nobody in most of the time (yet this is a large brand new store).

[Klazu]

Originally Posted by WBC

Inside the Metrotown mall there is a huge space left by Target plus old location of TGI Fridays.

There used to be TGI Fridays in Metro Vancouver? When did they pull back (like Applebee's did few years ago)?

[Tetsuo]

Originally Posted by Klazu

There used to be TGI Fridays in Metro Vancouver? When did they pull back (like Applebee's did few years ago)?

Franchise owner didn't like paying the franchise fee switched to something generic and lost a lot of money so he closed down.

Re: the shoppers under BestBuy and the one in the mall is owned by the same franchisee.

[WBC]

Originally Posted by Klazu

There used to be TGI Fridays in Metro Vancouver? When did they pull back (like Applebee's did few years ago)?

Yeah, TGI Fridays used to be under the movie theater facing Kingsway and overlooking Superstore parking lot. They actually had a patio there as well...It was a relatively large restaurant

We used to have Rainforest cafe where Old Navy is in right now. And there used to be some huge sports store (forget the name) and a big arcade (Playdium) where Winners is now too...In fact that mall expansion that brought in the movie theater was a big disaster for all the anchor tenants except for the movie theater...They are all gone...

It will be interesting to see if the same faith awaits the new tenants of the Station Square...What's the over/under on Bed, Bath and Beyond? I say 3 years...

[SpongeG]

Originally Posted by WBC

I find it odd that developers keep building new retail space when there are large chunks of space available in Metrotown. If Best Buy moves there will be that space free plus old Staples location on Kingsway and McKay. Inside the Metrotown mall there is a huge space left by Target plus old location of TGI Fridays. Those are significant chunks of space that have been sitting or will be sitting on the market for years...That does not even include all the small spaces that can be had in the mall and surrounding area.

It seems that pattern is that developers create a new space, custom tailor it to an initial tenant, the initial tenant fails and then that space sits there forever.

In addition to that, the same stores keep opening and cannibalizing each other sales. Shoppers has now 3 locations in Metrotown. The one on Kingsway that is open 24 hours does not even bother staffing the registers full time as they have only a few customers or nobody in most of the time (yet this is a large brand new store).

yeah, there aren't that many big box type retailers needing space really and the american influx seems to be smaller chains now, there is DSW Designer Shoe Warehouse and from what i know or have visited of their USA stores they are inside mall locations and the ones opened so far in canada seem to be inside malls.

Nordstrom Rack would be a good fit if they do open them in Canada, they pushed the plan to open the rack back to 2017, or an Off Saks store would be a good fit there too

whatever wants to go into the old best buy spot will need to be a real draw its not the easiest spot to get to and parking isn't free, maybe a good restaurant space i guess

[Sheba]

The Rexall has an 'opening soon' sign up so that can't be too far away. There's one spot between it and the lower entrance into Bed Bath & Beyond that the workmen are using as their first aid zone for the moment.

Upstairs kind of next to Best Buy will be an insurance place (can't rem which one, but it was on the building permit). Tim Hortons and Boston Pizza have been confirmed as well, but I don't know if BP will be at this end or under one of the towers.

[officedweller]

By Yellow Fever posted Oct 16th:

Originally Posted by Yellow Fever

Station Square

20151014_080222 by Yellow Fever @ SkyscraperCity, on Flickr

20151014_080407 by Yellow Fever @ SkyscraperCity, on Flickr

20151014_080157 by Yellow Fever @ SkyscraperCity, on Flickr

20151014_080358 by Yellow Fever @ SkyscraperCity, on Flickr

20151014_080128 by Yellow Fever @ SkyscraperCity, on Flickr