The Opportunity

To lease high profile retail space developed by GWL realty Advisors. The development will be anchored by Stong’s Market.

The Project

NorthWoods Village is a mixed-use commercial and residential development. Phase 1 of this new development will feature approximately 50,000 square feet of village-oriented retail space with 3 storeys of residential suites above a portion. The shopping centre will be anchored by a Stong’s grocery store and a Liquor store while the residential component will provide approximately 80 rental suites. Phase 2 features two high profile freestanding buildings of 5,441 sF and 3,000 sF respectively. The property occupies a total of 4.915 acres.

The Location

NorthWoods Village is located just east of the second Narrows Bridge (iron Workers Memorial Bridge) on the major east/west connector, Dollarton highway in the Maplewood neighbourhood in the District of North Vancouver. easily accessible, NorthWoods Village is part of North Vancouver’s popular Main street Commercial Corridor. Main street is an east/West arterial that converts to Third street in the West and Dollarton highway in the east. The Main street Commercial Corridor is home to an abundance of retail including the Park and Tilford shopping Centre, save on Foods, Cineplex, Mark’s, Dollarama, McDonalds, Canadian Tire, VanCity savings, Mountain equipment Co-op and many others.

Zoning

Rezoning to CD-68 Comprehensive Development. Principal Uses permitted under the bylaw include retail, service, o ce and residential.

Proposed Parking

Phase 1 & Phase 2

Approximately 231 surface stalls for commercial use (subject to finalization of DP).
82 subsurface stalls for residential use.

Surface parking is estimated to provide a ratio of approximately 3.5 stalls per 1,000 SF.

Vehicle Traffic Counts

17,800 vehicles per weekday (average 24 hour east & westbound traffic on Dollarton highway at Amherst Avenue) (Source: District of North Vancouver)

Additional Rent

$12.50* per square foot

Landlord’s estimate for the first year of operation

Occupancy

> Phase 1 – Fall 2015 (estimate) > Phase 2 – To be determined

Northwoods Chart
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