Developer reimagines Capilano Mall with 3,100 homes, 40 storey towers, and new park
Developer reimagines Capilano Mall with 3,100 homes, 40 storey towers, and new park
There will be 11 towers in total and the range of tower heights will vary between 12 and 40 storeys.
A massive new redevelopment is planned on North Shore as Capilano Mall is reimagined with more than 3,000 housing units in eleven 12-to-40-storey tower buildings. A new community centre and a 1.5-acre park are also proposed.
The proponents, QuadReal, say the Capilano Mall is over 50 years old, and it’s time to determine how the 16.5-acre site can better suit the needs of North Shore. The company says it will be ‘proactively engaging’ the residents to help inform and guide the site’s future. Below is what is being proposed as part of the ambitious plan.
QuadReal Property Group has made the following proposal as part of the Capilano Mall redevelopment:
The total site area is 16.5 acres.
There will be 11 towers in total.
The range of tower heights will vary between 12 and 40 storeys.
Open space will comprise 52.4% of the site, with 1.5 acre for public park space.
A community center of 20,000 to 30,000 square feet is proposed.
The residential area will cover approximately 2,784,000 square feet. The redevelopment will include around 3,100 homes.
Of these homes, 30% will be rental homes. Mid-market rental homes will account for 10% of the rental homes.
Retail and commercial spaces will occupy 152,000 square feet.
“At the northwest gateway along Marine Dr, we want to create a significant public space directly connected to the enhanced creek with the closure of Hamilton Ave,” the proponents say.
Along with a ‘highly visible’ community centre, QuadReal is also planning a major transit node at the site’s north end. The redevelopment also proposes a new east/west road for pedestrian, cycling, and car access while redirecting traffic through a closure of Hamilton Avenue. It’s also exploring options to connect with the existing bike network for safe cycling access to and through Capilano.
Also planned are diverse retail spaces (e.g., restaurants, breweries) and maker spaces like bakeries, artist studios, and other creative services. Non-profit office space is also being explored, with Third Street reimagined as a ‘lively high street’ with a mix of retail, restaurants and services. The company is also exploring options to continue its partnership with Walmart as a tenant. Those who are interested in learning more can visit the project website. The public engagement period is open until January 10, 2025.
