Vancouver City Council has recently approved the massive redevelopment project of the Oakridge Mall. This $1.5 Billion redevelopment is one of the largest the city has ever seen. If you think that the Cambie and 41st intersection is crowded already too busy then just wait and see. With other developments appearing along 41st and Cambie the area is expected to change dramatically in the next 5-10 years.
Since the new Canada Line was created for the 2010 Olympics, Oakridge Mall has been increasing in it's popularity and more and more in high end stores just as Crate and Barrel are starting to appear. One of the largest and most promising additions to Oakridge mall was the Apple store a few years ago.
The vote itself from city council was about a 6-3 in favour of the redevelopment. There are quite a few people opposed to the development because they say it is changing drastically from the Cambie feel. This quiet neighbourhood will be forever be changed with towers and shopping that reflect the density and height of the downtown area. With Marine Gateway already steaming ahead, many believe this is too much.
This project doesn't just have a commercial aspect to it, the idea is that many others will benefit from the redevelopment. In additional to new stores and residential there will be: more health facilities, Vancouver School Board, Community Centre, Public Library, Seniors Centre, Daycare, Fitness and many other community benefits. All in all about 70,000+ sqft of community space.
The mall istelf will now include 10 new towers with maximum a height of 44 storeys, over 3,000 residential units and over 1 million sqft of commercial, office and community space.
TransLink is already participating in negotiations to increase their, already overcrowded CanadaLine, to accomodate the increased capacity in the near future.