VANCOUVER (NEWS 1130) – MEC is moving its flagship store in Vancouver from Broadway to the edge of Olympic Village.
The former Mountain Equipment Co-Op has plans to build a new location on the northeast corner of 2nd and Quebec in partnership with Beedie Development Group.
It says the proposal is for a three-storey mixed-used building with 60,000 square feet of space, with the store occupying 45,000 square feet on two floors.
The retailer of outdoor gear says the building will be environmentally friendly by achieving LEED Gold certification. The co-op expects construction to begin early in 2017 in time for an opening day in mid-2018.
MEC’s new store will replace its store at 130 West Broadway, which the Vancouver-based retailer has occupied since 1995.
This move is more proof of how far the once “unsellable” area has come.
“Where Olympic Village is now, a lot has been developed around it and so now there is a sense of place there and there wasn’t initially,” explains UBC Professor Tsur Sommerville.
He says demand has really picked up.