OAKRIDGE REDEVELOPMENT MASTERPLAN METRO CONTEXT

Coquitlam Town Future Growth: Municipal Town Centres Centre

Brentwood Town Centre

Metrotown Surrey City Centre Centre

Oakridge Redevelopment Masterplan 2 OAKRIDGE CONTEXT

Future Growth: Municipal Town Centres Oakridge Centre

3 OAKRIDGE: THE LAST 5O YEARS

Development History Timeline

1960 1984 Today

Oakridge Redevelopment Masterplan 4 OAKRIDGE: TODAY

Why Redevelop Now?

Mode of Transportation to the Mall

70.0% Car Public Transit 60.0% 50.0% 42% 40.0% 30.0% 19% 20.0% 10.0% 0.0% 2009 2010 2011 2012

Canada Line opens in August 2009

Oakridge Redevelopment Masterplan 5 OAKRIDGE: TODAY

Why Redevelop Now?

- Less Tiffany + More Target

Oakridge Redevelopment Masterplan 6 OAKRIDGE: TODAY

Why Redevelop Now?

Oakridge Redevelopment Masterplan 7 PRE-DEVELOPMENT

Oakridge Redevelopment Masterplan 8 REDEVELOPMENT CONCEPT

Retail Redevelopment Existing Future

Oakridge Redevelopment Masterplan 9 REDEVELOPMENT CONCEPT

Retail GLA 500,000 sf to 1.2 million sf

Existing Future Increase

Retail GLA 506,613 1,193,493 686,880

Oakridge Redevelopment Masterplan 10 REDEVELOPMENT CONCEPT

Office GLA 110,000 sf to 390,000 sf

Existing Future Increase

Retail GLA 506,613 1,193,493 686,880

Offie GLA 112,919 385,769 272,850

Oakridge Redevelopment Masterplan 11 REDEVELOPMENT CONCEPT

Amenity GFA 26,000 sf to 45,000 sf

Existing Future Increase

Retail GLA 506,613 1,193,493 686,880

Offie GLA 112,919 385,769 272,850

Amenity GFA 26,028 45,000 18,972

Oakridge Redevelopment Masterplan 12 REDEVELOPMENT CONCEPT

Residential GFA 50,000 sf to 2.7 million sf

Existing Future Increase

Retail GLA 506,613 1,193,493 686,880

Offie GLA 112,919 385,769 272,850

Amenity GFA 26,028 45,000 18,972

Residential GFA 50,400 2,697,700 2,647,300

Oakridge Redevelopment Masterplan 13 AND OF COURSE WE CANT FORGET

Oakridge Redevelopment Masterplan 14 DENSITY AND PARKING

TOTAL GFA 950,000 sf to 4.6 million sf TOTAL Density 0.77 FSR to 3.73 FSR

Commercial GLA Parking Stalls GLA Ratio

Retail (Total Centre) 1,300,000 5,641 4.2

Office2 400,000 595 1.5

Non-Retail Amenities (Civic)2 45,000 103 2.3 Total Parking

Total Commercial 1,580,177 6,339 3.5 3,300 to 6,300 Stalls

Residential Units Parking Stalls Parking Stalls/Unit

Residential 2,080 1,851 0.9

Oakridge Redevelopment Masterplan 15 MAKING IT ALL HAPPEN

Oakridge Redevelopment Masterplan 16 MAKING IT ALL HAPPEN

Oakridge Redevelopment Masterplan 18 PHASING

Maintaining mall operations throughout Ph 1 the redevelopment process.

Ph 3 Ph 2

Maintaining Operations Ph 1

Oakridge Redevelopment Masterplan 28 PHASING & PRELIM SCHEDULE

Phase 1 – Anchors

The Bay • 175,000 sf

Target • 140,000 sf

Safeway • 50,000 sf

2014 2015 2016 2017 2018 2019 2020

Phase 1 Oakridge Phase 1 Redevelopment Masterplan 29 PHASING & PRELIM SCHEDULE

Phase 2 – 2nd Level CRU

• Add 2nd story retail

• Complete indoor circulation paths. Add 2nd Story CRU

2014 2015 2016 2017 2018 2019 2020

Phase 2 Oakridge Redevelopment Masterplan 30 PHASING & PRELIM SCHEDULE

Phase 3 – High Street

• Fill in old Bay Store Old Bay Store • Construct 2 level outdoor mixed- use ‘High Street’. High Street

2014 2015 2016 2017 2018 2019 2020

Phase 3 Oakridge Redevelopment Masterplan 31 PHASING & PRELIM SCHEDULE

Phase 4 – Residential & Rooftop Park

• 11 acre, animated rooftop park with multiple connections to civic centre & public plazas.

• ~13 residential towers of varying heights built on top of completed commercial podiums

2014 2015 2016 2017 2018 2019 2020

Phase 4 Oakridge Redevelopment Masterplan 22 SUSTAINABILITY

Oakridge Redevelopment Masterplan 23 SUSTAINABILITY How Oakridge contributes to Vancouver’s Greenest City 2020 Plan:

Climate Leadership / Green Buildings - Target carbon neutral (geo-exchange) and LEED Platinum ND

Green Transportation – Encourage visitors through biking, walking, Transit (sustainable residential, bike valets, re-route Willow bike path)

Zero Waste - Develop ambitious product reclamation programs with retailers (Target has a goal of diverting 50%+ waste from landfill, ENVAC system).

Access to Nature - Substantial landscape and rooftop park.

Clean Water - Target min. reducing interior water consumption by 30%.

Local Food – Extensive Community gardens on roof. Oakridge Redevelopment Masterplan 24 LESSONS LEARNED

Oakridge Redevelopment Masterplan 25