Page 57 - #195 Dec2024/Jan2025
P. 57
Oakridge Park, Vancouver, Canada Developers: Quadreal Property Group & Westbank
AMERICAS
Enhancing Montreal’s iconic and ever-evolving composition
VOYAGER - MAPIC INSIGHT with a ground-breaking approach to how people work, learn,
play and live. The largest private development in Quebec,
Royalmount is a densified, mixed-use project, with massive
greening, public transit access and a focus on active mobility.
It is a neighbourhood reimagined and a world-class midtown
in the heart of Montreal. With design work by Benoy and
construction completed and the scheme opened by developers
Carbonleo on 15 August, Royalmount is one of the only 100
per cent carbon-neutral mixed-use developments in Canada and
is a never-before-seen living environment where connectivity,
creativity, sustainability and technology thrive. Royalmount has
brought the best brands, experiences and offerings to Quebec.
The first phase consists of an 824,000sq ft indoor and outdoor,
two-level retail and lifestyle complex. It features retailers,
restaurants, experiential attractions, an elevated linear park as
well as a 1.8ha urban park. Just before launch, a dozen new
retailers were announced at the scheme and these were Zara,
Nike, Moncler, Longchamp, Anine Bing, Mango, H&M, Alo Yoga,
Veronica Beard, Canada Goose, Sephora and Roche Bobois.
Mallplaza Cali, Cali, Colombia Developer: Mallplaza
Serving as a bespoke and captivating cultural destination for
Vancouver, Oakridge Park is designed to seamlessly encompass
every aspect of people’s lives - where living, working and playing
Royalmount, Montreal, Canada. Developer: Carbonleo converge harmoniously, offering a space for inspiration, personal
Next Generation Destinations growth and relaxation. Spanning over five million square feet and
strategically designed around a sprawling nine-acre park, Oakridge
Park creates a distinctive enclave within the expansive 28-acre
Launched in 1995, MAPIC is the international retail real estate event designed to help attendees build the footprint. Comprising residential, retail, office, public realm, civic and
ultimate lifestyle and shopping destinations. Taking place over the 26-28 November at its traditional home cultural components, Oakridge Park, a joint venture by developers
Westbank and Quadreal Property Group, with design and
of the Palais des Festivals in Cannes, the event will bring together retail, property, food and leisure leaders masterplanning work by Henriques Partners Architects, is a world-
for three of intense discussion and debate about the state of the retail real estate sector. class, masterplanned community. Once fully completed in 2025, it
will offer a top-tier retail experience totalling 850,000sq ft with over
eaturing 5,000 attendees from over 75 countries, MAPIC will of towns and cities and meet the needs of communities, contributing 140 leading global brands, including flagship and boutiques stores,
Fbe highlighting the best extension and mixed-use projects to the local economy, while leisure is another crucial part of the accommodations for over 6,000 residents through more than 3,000
and is taking the pulse of retail cross-border development. The equation, adding to a blend that must become more than the residences, 700,000sq ft of meticulously designed office space for
event will offer a major opportunity for visitors to learn about the sum of its parts. Through these next generation schemes, retail is over 3,000 creative economy professionals, one of Vancouver’s
changing face of retail and meet the players at the forefront of the building new links between customers and citizens, strengthening largest community centres and busiest libraries, six dynamic indoor
retail property’s transformation. bonds and creating deeper connections for and outdoor live-music venues, the renowned Goh Ballet and it will
Throughout its three-day event, MAPIC will be showcasing destinations and brands. RETAIL, REAL ESTATE, be home to the second Time Out Market in Canada.
the widest and most comprehensive offer of retail and lifestyle Technology now plays a crucial role in the LEISURE AND After two years of construction and an investment of more
locations worldwide for retailers, leisure and restaurant operators, equation. There is absolutely no doubt that HOSPITALITY ARE than 634 billion Colombian pesos (about 180 million dollars),
AT A CROSSROADS,
with 250 speakers confirmed and more than 50 conference sessions a profound and far-reaching revolution has WITH THE NEED The Landmark Tijuana, Tijuana, Mexico Developer: Thor Urbana Mallplaza officially opened its doors in the city of Cali in March,
on offer, it is the place to be for retail real estate. The numerous already begun with the breakthrough in artificial FOR CONSTANT launching its first shopping complex in southern Colombia.
tailored networking and matchmaking events will allow each guest intelligence (AI) advances and the race to EVOLUTION IN A Mallplaza Cali, with a gross leasable area (GLA) of 67,500sq m,
the chance to build their relevant network. rapidly adopt this game-changing technology. RAPIDLY CHANGING generated more than 1,400 jobs during the construction phase
The exhibition floor of 12,000sq m is the place to connect Finally, sustainability is no longer an WORLD, LEARNING and will operate with nearly 1,600 formal employees, both direct
with all types of retail property players (cities, shopping centres, option. Companies are facing both tough HOW TO FAST-TRACK and indirect. With the new opening of the mall, which took place
travel retail zones…). MAPIC is the showcase for the best new legislation and expectant customers, ADAPTATION AND on March 21, the doors of the first Ikea store in Cali, the second in
international extension and mixed-use projects. while also looking at how they can embrace AGILITY AS THE Colombia, as well as a large-format Zara store, the second H&M
the opportunities to attract future-proofed INDUSTRY’S PLAYERS store in Cali and other commercial novelties were also opened. In
WORK OUT ‘THE NEW
2024 KEY TOPIC capital investment. The objectives and RETAIL EQUATION’ addition to its unparalleled commercial offer, the shopping centre
Retail, real estate, leisure and hospitality are at a crossroads, timeframe are clear and many companies has 13,000sq m of public space for people to socialise and enjoy.
with the need for constant evolution in a rapidly changing world, have pledged to measurable ESG targets. A project opened last year by Thor Urbana is The Landmark
learning how to fast-track adaptation and agility as the industry’s MAPIC 2024 will embrace these important topics to support all Tijuana, which is a scheme that is located in the Golden Zone,
players work out ‘The New Retail Equation’. the market players in finding the right equation to grow. the area with the highest real estate growth in the city of Tijuana
At the centre of this are customer expectations, a key element Ahead of the upcoming event, over the coming pages RLI in Mexico. The scheme brings together the best shopping, dining
of the equation. People need a sense of place, social interaction will take this opportunity to highlight a selection of under and entertainment offerings unlike anywhere else in the area. It
and experience. As a result, not only are new projects by construction and recently completed projects from around is complemented by an exclusive residential tower, luxury hotel
necessity mixed and blended, so too are the store themselves, the globe. These schemes will highlight how next generation and class A+ office spaces to become the new place to live, work
which have become multi-purpose and versatile (test, sale, destinations are coming to the fore and how these projects are and play. The lifestyle centre will feature 308,000sq ft of leasable
repair, second hand, immersive), building loyalty in new ways. more important than ever for customer retention, increasing area, whilst the surrounding facilities within the scheme will
This new mixed-use will also support the growth and regeneration dwell times and enticing customers back time and again. include 154,000sq ft of A+ office space, 190 residences, a brand
56 RETAIL & LEISURE INTERNATIONAL DECEMBER 2024/JANUARY 2025 DECEMBER 2024/JANUARY 2025 RETAIL & LEISURE INTERNATIONAL 57

