Mountain Equipment Co-op has announced plans for a new 45,000-square-foot flagship store in Olympic Village.
For years, the Olympic Village units weren’t selling because of construction problems concerns over the social housing section.
But recently, it’s been booming.
“I’m not surprised. Certainly the population is there, the density is there. They can not only access the people living in Olympic Village and in the area, but also of course relatively close to downtown. So I’d see it as an attractive place for any kind of retailer, really.”
Vancouver’s former chief planner, Brent Toderian, oversaw much of the complex’s development.
“What I always said is, it takes time not only for a community to come together but particularly a retail neighbourhood — hearts to come together. You’ve got to be patient for all the component pieces – the puzzle pieces – to fall into place.”
Toderian says Olympic Village will continue to evolve, with retailers like MEC entering the market, joining others like Home Depot and Urban Fare.
MEC says the new location, at 2nd Avenue and Quebec, will replace the one on Broadway.
It is set to open mid-2018.