brown polo shirts Vancouver International Airport to host luxury outlet mall

dynamo water polo Vancouver International Airport to host luxury outlet mall

The developers of a luxury outlet mall at Vancouver International Airport say their first shopping centre outside of Europe is set to open later this spring on schedule as management continues to finalize a list of what they’re describing as designer tenants.

The architectural detail and environment is unlike other malls, he said. “It will feel like you’re walking down cobbled streets, opening up in a piazza with cafes and outdoor seating. It will feel very different to what I would call a traditional square box mall.”

The dining options would also not be the usual fare. “We don’t do the kind of regular food and beverage players,” he said. “We really try to work with local people who are maybe opening up their second restaurant rather than going with the national chains that people can get at any mall.”

He said the outlet mall is set to tap into a surging number of travellers coming through the airport.

Citing legal agreements, the developers have declined to reveal their list of tenants, but Thurlow said the mix of “luxury, premium lifestyle brands and entertainment” would draw in both “families and fashionistas.”

He said the YVR project is the firm’s first outside of Europe, where they lead the luxury outlet market. “This seemed like an absolutely natural fit, certainly partnering with YVR, but also in the location of Vancouver.”

Thurlow said the first phase is set to open later this spring with 240,000 square feet of shopping and services. The second phase of another 140,000 sq. ft would follow 18 to 24 months after the initial opening, for a total of 80 stores, he said.

The mall, located near the Templeton station, just two Canada Line stops from the YVR passenger terminal, would target travellers coming to and from the airport, Thurlow said. He referenced comments made last week at the Vancouver Board of Trade’s 2015 Aviation Forum by YVR president and CEO Craig Richmond, who said YVR has set a goal to handle an additional five million passengers by 2020.

“We’ll have an additional five million people in five years, on the doorstep at YVR,” Thurlow said. “It’s perfect for us, given our location, and the fact that YVR is a joint venture partner.”

Craig Patterson, the founder and editor in chief of Retail Insider, said the YVR outlet centre would have the look and feel of a luxury shopping experience; however, not all of the brands should be considered high end.

“The majority of brands would not be considered luxury brands,
brown polo shirts Vancouver International Airport to host luxury outlet mall
” he said in an interview, adding that the YVR mall indeed looks luxurious. “The mall is going to appear far more upscale than other outlet malls in Canada.”

Patterson, who is aware of the list of tenants, said Polo Ralph Lauren would occupy 15,000 sq. ft at the mall. He said Georgio Armani is also confirmed. “They’re advertising for jobs.”

The Sun has also confirmed that Secret Location, a lifestyle boutique and tasting room in Gastown, has reached a deal to open another location at the YVR mall.

Patterson noted that outlet malls offer a different shopping experience than traditional malls, often with discounted designer products. “Some outlets actually will make product [specifically] for the outlet stores,” he said. “Sometimes [the products] are lower quality, which is a little controversial.”

He said the development of luxury shopping at Canadian airports is becoming a trend.

A similar outlet mall project is underway at Edmonton International Airport in conjunction with Ivanhoe Cambridge, and Toronto’s Pearson International Airport is also trying to increase its luxury retail options, he said.

“It’s an interesting play that airports are beefing up their retail, and that they’re utilizing their real estate for commercial purposes,” he said. “It’s encouraging, and it’s a trend we’re seeing across the country.”

YVR’s high end shopping situation at the terminal is already tops in the country, Patterson said.

“We have American consumers whose dollars now go much further coming into Canada, and they certainly want to take advantage of the better exchange rate,” he said. “And I think conversely, that also keeps the Canadian consumers in Canada.”

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brown polo shirts Vancouver International Airport to host luxury outlet mall