Brand Fit Snapshot
Best for:
Not ideal if:
Similar properties you might like:
Quick assessment - takes 30 seconds
McArthurGlen Designer Outlet Vancouver Airport in Richmond, British Columbia, covers about 340,000 square feet near Vancouver International Airport, hosting over 100 brands with discounts up to 70%. Launched in 2015, it holds a strong market position as the areas leading outlet center, attracting tourists and regional shoppers.
Tenant mix features fashion, sportswear, accessories, and lifestyle from labels like Nike, Coach, Adidas, and Samsonite, balanced across categories to draw diverse traffic.
Leasing advantages encompass volume sales from high footfall, competitive rents below full-price malls, and visibility to airport arrivals. Visitor numbers hit 5 million in 2016, with 18% growth in 2023 and double-digit sales increases, fueled by domestic tourism. Occupancy stays robust, backed by expansions like the 65,000 square foot Phase 3 slated for 2025.
Accessibility includes highway links and parking, though public transit lags. Demographics include international tourists, especially Asian visitors, and local middle-income families from the Vancouver metro. Challenges involve tourism volatility, competition from urban centers like CF Pacific Centre, and limited local draw outside peak seasons.
Operational quality benefits from modern design and award recognition, including 2015 MAPIC Best Outlet Centre, but market saturation risks arise with growth.
Interested in this property?
Choose how you'd like to proceed
Advertise at this property?
Reach high-intent shoppers across digital screens, atria, and experiential placements.
Hours of Operation
Hours
| Monday | 10:00 AM — 08:00 PM |
| Tuesday | 10:00 AM — 08:00 PM |
| Wednesday | 10:00 AM — 08:00 PM |
| Thursday | 10:00 AM — 08:00 PM |
| Friday | 10:00 AM — 08:00 PM |
| Saturday | 10:00 AM — 08:00 PM |
| Sunday | 10:00 AM — 08:00 PM |
Hours may vary on public holidays. Check with individual stores for specific holiday schedules.
Insights
Footfall and Occupancy
Annual footfall reached 5 million visitors in 2016, a record for new centers, and grew 18% year-to-date in 2023 with 11% sales uplift amid rising domestic travel. Expansions signal sustained high occupancy above 90%, ideal for retailers targeting high-traffic, discount-driven environments, though seasonal dips occur during low tourism periods.
Demographic Profile
Visitor base comprises international tourists via YVR airport proximity, particularly from Asia, and local shoppers from Richmond and Vancouver metro areas. Regions diverse population, over 50% Asian heritage, boosts apparel and beauty sales; median household income around CAD 80,000 supports premium outlet purchases, but skews toward families and mid-range spenders rather than luxury seekers.
Competition and Risks
Competes with full-price malls like CF Pacific Centre in Vancouver for local traffic, but outlet discounts differentiate it for value-oriented consumers. Risks include dependence on air travel fluctuations from economic slowdowns or pandemics, potential oversupply post-2025 expansion, and access challenges for non-drivers due to suburban location and limited transit options.
Building Details
Detailed Market Analytics
City Snapshot
Richmond, BC
Comprehensive market intelligence for retail expansion in this city
Other Retail Destinations in Richmond
Discover more shopping centers in Richmond.
Popular in Canada
Top retail destinations across Canada.
Interested in this property?
Choose how you'd like to proceed
Advertise at this property?
Reach high-intent shoppers across digital screens, atria, and experiential placements.
City Snapshot
Richmond, BC
Comprehensive market intelligence for retail expansion in this city
