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Vancouver Development – The Really Big And Spiffy New Oakridge

Vancouver Development – the Really Big and Spiffy New Oakridge

By Ken Ohrn for Price Tags

A bold-looking mixed-use Oakridge Centre is rising in the city, on 28 acres, at the site of a Canada Line transit station. Henriquez Partners Architects have designed something that is billed as the largest development in Vancouver’s history. Completion date looks to be 2025, costs somewhere around $5B, with 2,548 new residential units, and two 40+ storey towers among 12 other buildings. And it’s right in the middle of a predominantly single-family residential area, with rising density nearby.

Part of the design rationale is, however, specifically to generate density at an important transit hub. Mission accomplished, it seems to me.

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Of the 1,965 market housing units, 84% will be 2 or 3 bedrooms. Of the 580 rental and social units, 249 (43%) will be 2 or 3 bedrooms.

It’s a good example of transit-oriented, mixed retail, residential and commercial development, including 9 acres of park space, and a reminder of something similar underway at Richmond’s venerable Lansdowne Centre Mall.

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