Peter Meiszner, UrbanYVR
Summary
Design work on the redevelopment of Oakridge Centre is well underway, with a 3D architectural model showing sculpted towers across the 28.5-acre site.
Owner QuadReal and developer Westbank are working on a new redevelopment scheme for the shopping centre, and we are getting a first look at what will be presented for public consultation this fall. The shopping centre was sold by Ivanhoé Cambridge to QuadReal earlier this year.
The shopping centre opened in 1959, and a rezoning of the site was approved in 2014 by Vancouver city council. However, a plan for 11 residential towers was scaled back in 2016 at the request of the city.
The revised proposal includes nearly the same number of towers and several mid-rise buildings containing market and social housing, along with expanded office and retail space.
According to Westbank, the complex will be powered by a district energy system harnessing the power from an adjacent city sewer system.
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