Pacific Centre Explained

CF Pacific Centre
Address:701 West Georgia Street

V7Y 1G5
Coordinates:49.2834°N -123.1179°W
Manager:Cadillac Fairview
Owner:
Number Of Stores:100
Number Of Anchors:1
Floor Area:710593square feet[1]
Publictransit:
Parking:1758
Floors:3

Pacific Centre (officially CF Pacific Centre since 2015) is a shopping mall located in Vancouver, British Columbia, Canada. It is owned by Cadillac Fairview, the Ontario Pension Board, and the Workplace Safety and Insurance Board, and is managed by Cadillac Fairview.

Based on the number of stores, most of which are underground, it is the largest mall in Downtown Vancouver, with over 100 stores and shops, and the seventh-busiest mall in Canada, with 22.1million annual visitors as of 2018.[2] The mall is directly connected to the Hudson's Bay department store, Vancouver Centre Mall, two SkyTrain subway stations, and the former Four Seasons Hotel Vancouver.

History

Built between 1971 and 1973, it was an unofficial Eaton Centre. It is a joint venture of Cemp Investments, Toronto Dominion Bank and T. Eaton Company Limited.[3] The Pacific Centre was home to an Eaton's department store, succeeded by Sears Canada after 2002 and vacated in the fourth quarter of 2012.[4] A Nordstrom store opened in its former space in 2015.

The City of Vancouver approved a 578000square feet expansion of Pacific Centre, including retail premises that will extend to the street on both sides of West Georgia Street, and a direct link connecting the shopping centre with the new Vancouver City Centre SkyTrain station on Granville Street. The link opened in August 2009 in conjunction with the opening of the Canada Line.

On 20 January 2017, Cadillac Fairview announced an agreement to sell a 50 percent interest in its Vancouver properties, including Pacific Centre, to the Ontario Pension Board and Ontario's Workplace Safety and Insurance Board, each to hold a 25% stake. Cadillac Fairview, itself a subsidiary of the Ontario Teachers' Pension Plan, will retain the remaining 50% interest and continue to manage the properties.[5]

The rotunda glass dome at the northeast corner of the intersection of West Georgia Street and Howe Street was redeveloped in the early 2020s. Cadillac Fairview constructed a new two-storey pavilion building with 14000square feet of floor area that included a new Apple flagship store.[6] Nordstrom's flagship store closed on 13 June 2023 as the company exited the Canadian market.[7]

List of anchor stores

Name of floorsYear openedYear closedNotes
Eaton's819712002
Holt Renfrew319752007
32007Replaced north wing of Pacific Centre
Nordstrom320152023Replaced Sears
Sears Canada720022012Replaced Eaton's

Transportation

Pacific Centre is located at the Granville Mall, which is a junction between the Expo and Canada Lines of Vancouver's SkyTrain rapid transit system. Two stations service the mall, Granville and Vancouver City Centre station, respectively.

Incidents

In November 2012, BC attorney general Shirley Bond ordered an investigation into a Downtown Vancouver Business Improvement Association (DVBIA) Genesis Security undercover security guard who physically assaulted a person with a disability whom he had accused of shoplifting. During the altercation, which was recorded on security cameras and witnesses' cellphones, the guard was seen hitting the man, throwing him from his wheelchair, and yelling profanities at him.[8] In January 2013, the Ministry of Justice ruled that the guard had used unnecessary force. He was fined $230 and had his security license suspended for two month with a condition requiring re-certification on use of force before he could receive his license.[9]

See also

References

https://www.bcbusiness.ca/fear-factor-vancouver-crime-and-the-private-security-industry

External links

Notes and References

  1. Web site: CF Pacific Centre: Statistics . Cadillac Fairview . 19 April 2018.
  2. Web site: These are the top 10 busiest malls in all of Canada Urbanized.
  3. Web site: Construction Review BSDA Monthly Industry Report (June 1969) . 1969.
  4. News: Sears Closing Pacific Centre Store to Make Way for Nordstrom? . . 2 March 2012 . 19 April 2018.
  5. Web site: Cadillac Fairview selling half its stake in Vancouver real estate portfolio . Shaw . Gillian . . 20 January 2017 . 22 January 2017.
  6. Web site: Demolition underway for CF Pacific Centre's iconic glass dome . Chan . Kenneth . 23 April 2020.
  7. News: All remaining Nordstrom stores in Canada to close for good by Tuesday . CBC News . 12 June 2023 . https://web.archive.org/web/20230613010916/https://www.cbc.ca/news/business/nordstrom-canada-1.6873356 . 13 June 2023 . 1 August 2023 . live.
  8. News: Province investigating two cases of alleged mall security violence . . 21 December 2012 . 19 April 2018.
  9. Crawford, Tiffany. (18 January 2013) Vancouver security guard used ‘unnecessary force’ on man in wheelchair. Vancouver Sun. Retrieved on 26 July 2013.