At a Glance
- Located at 41st and Cambie St.
- Master planned new ”Town Centre” to be completed 2019-2024
- 14 towers
- between 9-44 storeys
- 2914 units
- Part of the Oakridge/41st Canada Line station
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Oakridge Centre Redevelopment—A bold new vision for a bold, new community
The Oakridge Mall was first built in 1959. Today, it is an aging mixed-use behemoth situated on some of the most valuable land in Canada.
Developers Ivanhoe Cambridge and Westbank have proposed a daring new plan to unlock that value and turn the Oakridge area into a major centre, similar to the hubs that have sprouted up around Brentwood, Lougheed and Metrotown in Burnaby.
The plan, which was approved by Vancouver City Council in March 2014, will see the entire 28-acre area redeveloped, with 14 towers between 9 and 44 storeys.
The amount of retail space will more than double. Look for over 1.3 million sq ft of shopping and services, including an open-concept ‘High Street” that will blend new retail, restaurants and services with outdoor spaces and more. New, big-name anchor tenants are also promised.
Pricing for Oakridge Centre
Prices for units in the redeveloped Oakridge Centre haven’t been released yet. Fill in the blue form above to register to receive updates.
Floor Plans for Oakridge Centre Condos
It’s too early to talk floorplans. Fill in the form above to receive updates on Oakridge as they are released.
Oakridge Centre Interiors
No information on interiors is available yet.
Amenities at Oakridge Redevelopment
The redeveloped Oakridge Centre will offer a plethora of amenities for the 6000+ residents and the community at large.
- A new community centre
- library
- seniors’ centre
- daycare
- rooftop gardens
- outdoor running loop
- outdoor amphitheatre
- over 1 million square feet of retail
- improved access to Canada Line
Parking and Storage
For details on parking at Oakridge, please fill out the form above.
Maintenance Fees at Oakridge Centre
No firm details on strata fees yet, but similar developments along Cambie Corridor are around $0.37 per sq.ft (including: hot water, gas, heat and air conditioning).
Developer Team for Redeveloping Oakridge Centre
The Oakridge Redevelopment is being developed by Ivanhoe Cambridge and Westbank. They’ve been going the process for years, presenting a far less grand plan back in 2007. The runaway success of the Canada Line spurred another plan; this grand, hyper-ambitious redevelopment.
Ivanhoe Cambridge is a multi-billion dollar developer with assets in Canada, the US, Europe, Brazil and Asia.
Westbank is a major force in Lower Mainland real estate. Shaw Tower, Shangri-La and Woodwards are just some of the jewels they’ve developed.
Henriquez Partners Architects have the considerable task of designing the many buildings and spaces that will make up this project. They’re behind 6th and Fir in Vancouver and 60 West Cordova in the Downtown Eastside.
Expected Completion for Oakridge Redevelopment Condos
The Oakridge redevelopment will be a long term, multi-phase project. The first residential and commercial areas should be open by 2019, with the remaining building slated for 2024.
Oakridge Centre Postal Code
V5Z 2M9
Are you interested in learning more about other condos near Oakridge Mall, the Westside or on Cambie Corridor?
The post Oakridge Centre—A massive, $1.5 billion mixed-use redevelopment at 41st & Cambie appeared first on Mike Stewart.
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