A couple months back we told you about the High End Premium outlet mall plans near YVR. Today, Vancouver
Airport Authority announced that it is planning to develop a luxury designer outlet centre on Vancouver International
Airport (YVR) land in partnership with London-based developer McArthurGlen Group, Europe’s leading owner,
developer and manager of designer outlets.
“This is an exciting project that will increase the region’s destination appeal for visiting travellers and encourage
local shoppers to spend within their own community,” said Larry Berg, President and CEO, Vancouver Airport
Authority. “Later this summer, you’ll start to see the lands on Russ Baker Way near BCIT being prepared for
eventual construction; evidence of some of the jobs that will be added to the more than 23,600 already in place at
YVR.”
The project reinforces the Airport Authority’s role in the economic development of the region with the creation of an
estimated 1,000 new jobs. YVR currently generates $11.7 billion in total economic output to the Canadian
economy.
“We are delighted to have this opportunity to create a premium retail destination in Vancouver, our first location in
North America. Already we are seeing very strong interest from our brand partners to open at the centre,” said Gary
Bond, McArthurGlen’s CEO of Development. “Vancouver combines location excellence, economic strength,
tourism potential and a strong partner – all elements that guarantee success when opening luxury shopping
projects.”
The proposed new centre would open in phases, beginning in the fall of 2014, and feature European and North
American luxury, designer and mainstream brands. The company’s outlets in Europe are known for brands such
as Prada, Armani, Burberry, Gucci, Hugo Boss, Ralph Lauren, Salvatore Ferragamo, Ermenegildo Zegna and
Michael Kors.
Vancouver Airport Authority and McArthurGlen are committed to the proposed project being built and operated to
ensure environmental compatibility with the local area. Areas of the Fraser River that border the outlet centre
would be protected and environmental enhancement plans include the installation of foot and cycling paths that fit
into existing regional trail networks.
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