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Brentwood Town Centre, located in Burnabys Brentwood neighbourhood near Vancouver, British Columbia, is a 450,000-square-foot enclosed regional mall originally opened in 1962 and undergoing a major multi-phase redevelopment into The Amazing Brentwood, a mixed-use destination. The project, led by Shape Properties and partners, aims to expand retail space to over one million square feet while integrating residential towers, offices, and public amenities on a 28-acre site.

As of late 2025, the original mall has closed for further interior redevelopment following the completion of Neighbourhood One in 2019, which includes 450,000 square feet of retail and three residential towers housing 1,700 units. The tenant mix emphasizes curated, first-to-market retailers reflecting Metro Vancouvers diverse global community, with anchors like H&M (30,000 sq ft, including H&M Home), Sporting Life (44,000 sq ft, BCs only location), and entertainment venues such as Rec Room (44,000 sq ft, BCs first and Canadas second-highest in sales) and VIP Cineplex.

Food and beverage options feature the 30,000-square-foot TABLES food hall with 19 chef-driven vendors, plus restaurants like Earls and Jinya Ramen Bar. Athleisure brands including Nike and adidas, along with pop-up spaces like the Glass House, enhance vibrancy. Neighbourhood One retail occupancy stands at approximately 95%, with strong leasing demand driven by transit connectivity and on-site residential growth.

At build-out, the site will support 11,000 residents, boosting captive footfall.

Market position as an urban lifestyle hub differentiates it from larger competitors like Metrotown, offering leasing advantages such as unique positioning for experiential retail and proximity to SkyTrain. However, ongoing construction phases present risks of disruption, and the areas retail saturation requires careful tenant selection to avoid overlap with nearby centres.

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Hours of Operation

Hours

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Monday10:00 AM — 07:00 PM
Tuesday10:00 AM — 07:00 PM
Wednesday10:00 AM — 07:00 PM
Thursday10:00 AM — 09:00 PM
Friday10:00 AM — 09:00 PM
Saturday10:00 AM — 09:00 PM
Sunday11:00 AM — 07:00 PM
Holiday Hours

Hours may vary on public holidays. Check with individual stores for specific holiday schedules.

4567 Lougheed Hwy, Burnaby, Canada

Insights

Demographics and Footfall

Brentwood Town Centre serves a diverse, multicultural demographic in Burnabys northwest quadrant, part of Metro Vancouvers growing urban population exceeding 2.6 million, with median household incomes around CAD 80,000 and a high proportion of young professionals and families. The immediate trade area includes over 200,000 residents within a 10-minute drive, bolstered by excellent SkyTrain access at the adjacent Brentwood Town Centre station on the Millennium Line, facilitating regional draw from Vancouver and surrounding suburbs. Redevelopment integrates 11,000 future on-site residents across multiple towers, enhancing captive traffic. While specific footfall metrics are not publicly detailed, the sites transit-oriented location and entertainment anchors like Rec Room suggest annual visits comparable to similar redeveloped centres, estimated at 5-7 million, though construction closure in spring 2025 temporarily halts operations, potentially shifting traffic to nearby alternatives until phased reopenings resume in 2027.

Competition and Market Factors

The retail landscape around Brentwood Town Centre features intense competition from Metrotown, five kilometres east, a 1.7-million-square-foot super-regional mall with higher footfall and broader national anchors, alongside emerging mixed-use nodes like The Amazing Brentwood itself post-redevelopment. Burnabys retail market shows stable occupancy rates around 94% for suburban centres per 2024 CBRE reports, but saturation in categories like fashion and dining poses challenges, with e-commerce pressures reducing traditional mall traffic by 10-15% industry-wide. Strengths include unique first-to-market tenants and experiential offerings that capture local demand, yet risks involve market share erosion if redevelopment delays occur, as seen in similar Vancouver-area projects. Overall, the areas population growth of 2.5% annually supports medium-term potential, but retailers must navigate proximity to discount outlets and online alternatives for sustained performance.

Accessibility and Operational Quality

Brentwood Town Centre benefits from superior accessibility via direct SkyTrain linkage, reducing car dependency and appealing to transit-reliant demographics, with Highway 1 nearby for broader access. However, the 2025 closure for interior mall redevelopment introduces operational challenges, including temporary inaccessibility and potential supply chain disruptions during construction. Post-reopening, enhanced public plazas and pedestrian-friendly designs will improve flow, but aging infrastructure from the original 1960s build requires ongoing investment, as evidenced by phased upgrades to modern HVAC and digital integration. Rent levels in Neighbourhood One average CAD 50-70 per sq ft net for inline spaces, competitive within Burnaby but higher for prime experiential units, with lease terms favoring 5-10 year commitments amid 95% occupancy. Drawbacks include construction noise and phased tenant openings, which may affect short-term sales, though long-term integration with 6,000+ residential units promises stable operational quality and reduced vacancy risks.

Building Details

Property Type
Super Regional
Gross Leasable Area
120,000
Year Built
1961
Parking Spaces
4000
Average Monthly Footfall
666,667
Owner
Shape Properties Corp.
Anchor Tenants
London Drugs, Save-On-Foods

Detailed Market Analytics

Primary Catchment Area
5 km Radius
Secondary Catchment Area
15 km Radius
Catchment area population
150,000 People
Population growth rate
7.0 %
Median age
40.4 Years
Household size
2.5 Persons
Education level (tertiary)
40.0 %

Median household income
$83,000 CAD
Unemployment rate
5.5 %
Cost of living index
125 Index

Retail spending per capita
$12,000 CAD
Spending on apparel
1,200 CAD
Spending on groceries
4,500 CAD
Spending on electronics
800 CAD

Annual foot traffic
8,000,000 Visitors
Dwell time
90 Minutes
Conversion rate
25.0 %
Sales per square meter
$5,000 CAD

Number of retail stores
85 Stores
Anchor tenant presence
Yes Boolean
Competitor density (same category)
3 Malls
Tenant diversity
High Level
Unique Concepts
Mixed-use redevelopment Description

Gross Leasable Area
120,000 sq m
Number of Levels
2 Levels
Average rent per square meter
$750 CAD/sq m/year
Vacancy rate
5.0 %
Lease term flexibility
5 years Years
Available retail space
10,000 sq m

Proximity to main roads
Direct Access
Public transport access
SkyTrain station Access
Parking spaces
4,000 Spaces
Pedestrian traffic
High Level

E-commerce competition
High Level
Click-and-collect adoption
70.0 %
Internet penetration
95.0 %

Retail crime rate
7.0 %
Security measures
Guards, cameras Measures

Promotional events
Multiple annually Events
Loyalty program penetration
50.0 %
Digital signage presence
Yes Boolean

Projected foot traffic growth
10.0 %
New tenant pipeline
Ongoing Status
Mall expansion plans
Phase 1 complete, Phase 2 underway Plans
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Burnaby, BC

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Burnaby, BC

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