River District Simple Storage Service (S3)

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TOWNCENTRE AT THE RIVER DISTRICT

RETAIL LEASING:

604 638 2121 [email protected]

DEVELOPED BY

JOIN:

G

N SI 3

A & LES 1, 2

WASE O N PH

PROJECT OVERVIEW On the banks of the Fraser River, the River District is a rare and unique neighbourhood that consists of 124-acres located in the area formerly known as East Fraserlands in South Vancouver. Upon full build-out, River District will have 10,432 homes with a population of approximately 18,000 residents.

Kerr Street

River District is Vancouver’s last waterfront neighbourhood, the result of an in-depth engagement and planning process that brought together the local neighbourhood with experts in urban design, architecture, landscaping and environmental sustainability to plan a neighbourhood like no other. River District is a cohesive, vibrant neighbourhood with all the necessary amenities, from waterfront access, to a public plaza, shopping, restaurants, community centre, school, and modern residences.

SE Marin

• • • •

Over 1,000 homes sold 18,000 residents 10,432 households 7.2 million sq.ft. 2 schools, 2 out of school child care centres (140 spaces) 4 daycare centres (256 spaces) Community centre 25 acres of green space 1.5 kilometres of riverfront access

e Drive

ad

• • • • •

Boundary Ro

HIGHLIGHTS

East Kent

Avenue S

Marine Way

East K ent A venue

Riv

er

Ro a

d

N

LOCATION River District is located in a historically underserviced

retail

area

of

Southeast

Vancouver. While regional power centres exist in close proximity to the site, there is a gap in the market for community-oriented retail and leisure nodes to serve the growing population within the South Vancouver and Burnaby region. Lack of services in the local trade area and distance from regional competitors makes River District an opportune destination with a primary trade area of approximately 47,372 residents and a daytime population of 35,477 people. In addition to being a retail and leisure destination for surrounding areas, River District will also have the competitive advantage of having approximately 18,000 residents upon complete build-out. The River District will provide a rich mixture of housing types that reflect diverse needs and lifestyles, which will ensure a consistent demand for a wide variety of retail. Residents are able to fulfill everyday shopping needs within a short walking distance.

COMMUNITY PLAN

PHASE 1 TOWN CE NTRE

River District Centre Restaurant Mixed-use Retail Schools Daycare Centres Community Centre Plazas Parks

RESIDENTIAL BUILDOUT

PHASE 1 TOWN CE NTRE

2019

2018

2017 2017

Complete

2017

2018

2019

2020

2021-2025

2025-2030

2031-2037

CUMULATIVE UNITS

400

609

1450

2,156

2,507

5,306

6,016

10,432

CUMULATIVE POPULATION

700

1,066

2,538

2,941

3,555

8,454

7,632

18,256

TOWN CENTRE SALIENT FACTS

CIVIC ADDRESS TIMING TOTAL RETAIL (SF) RESIDENTIAL UNITS (SOLD OUT) PARKING

TOWN CENTRE 1 PARCEL 17

TOWN CENTRE 2 PARCEL 18

TOWN CENTRE 3 PARCEL 16

TOWN CENTRE 4 PARCEL 15

8538 River District Crossing

8580 River District Crossing

3488 Sawmill Crescent

8533 River District Crossing

2018

2017

2018

2019

60,000

23,750

18,600

43,500

296

64

61

258

190 retail stalls

41 retail stalls

32 retail stalls

114 retail stalls

TOWN CENTRE SITE PLAN Available 20,000 SF Available 3,928 SF

TOWN CENTRE 4 Timing: Q2 2019

TOWN CENTRE 1 Timing: Q1 2018

PHASE 4

- 114 retail parking stalls - 258 residential units - 100% Sold Out

-190 retail parking stalls - 296 residential units - 100% Sold Out

CRU Opportunities from 1,000 SF+

Gastropub

Available 1,604 SF

Available 6,140 SF

Available 1,310 SF

TOWN CENTRE 2 Timing: Q1 2017

TOWN CENTRE 3 Timing: Q3 2017 - 32 retail parking stalls - 61 residential units - 100% Sold Out

Available 1,266 SF

Available 1,593 SF

- NOW OPEN - 41 retail parking stalls - 64 residential units - 100% Sold Out

River District Office

Sushi

Available 1,100 SF

ble SF

TOWN CENTRE 1 Available 20,000 SF

Timing: Q1 2018

Available 3,928 SF

- 190 retail parking stalls - 296 residential units - 100% Sold Out

PHASE 4 CRU Opportunities from 1,000 SF+

Gastropub

Available 1,604 SF

Available 6,140 SF

Sushi

Available 1,100 SF

lable 04 SF

CRU Opportunities from 1,000 SF+

Gastropub

Available TOWN CENTRE 2 6,140 SF

Timing: Q2 2017 - 41 retail parking stalls - 64 residential units - 100% Sold Out TOWN CENTRE 2

RETAILERS NOW OPEN Available 1,266 SF

Available 1,593 SF

River District Office

Sushi

Avai 1,10

PHASE 4 CRU Opportunities from 1,000 SF+

TOWN CENTRE 3 Timing: Q3 2017 - 32 retail parking stalls - 61 residential units - 100% Sold Out

Available 1,604 SF

Available 6,140 SF

Available 1,310 SF

Available 1,266 SF

Available 1,593 SF

  

 Location Summary Report ,   PRIMARY TRADE AREA DEMOGRAPHICS

 

Study Area

River District - Primary Area De ce m be r 13, 2017

Household Income

Study Area $89,089 $71,585

Average HH Income Median HH Income

Province $97,472 $75,248

Households by Income > $250K $ 200/250K $ 175-200K $ 150-175K $ 125-150K $ 100-125K $ 90-100K $ 80-90K $ 70-80K

Population & Household Summary

Age Cohorts

Total Population Population Growth 2012-2017 Population Growth 2017-2022

49,020 5.6% 4.5%

Population Projections 2012 Population 2017 Population 2022 Population 2027 Population

46,440 49,020 51,208 52,696

Total Households Household Growth 2012-2017 Household Growth 2017-2022 % of Households with Children % of Households - Married w/ Kids % of Households - Single Parent

16,021 3.6% 3.8% 53.0% 39.0% 14.0%

75-79

Total Number of Children at Home

14,990

50-54

Population: 19 yrs and under Population: 20-64 yrs Population: Over 65 yrs Median Age

8,682 31,303 9,036 44.1

17.7% 63.9% 18.4%

POPULATION DENSITY = 10 people

Age Distribution 85+ 80-84

70-74 65-69 60-64 55-59

45-49

Marital Status - Population 15 Years+ Single (never married) 12,669 Married/Common-Law 22,502 Widowed 2,579 Divorced 2,541 Separated (legally married) 880

$ 60-70K $ 50-60K $ 40-50K $ 30-40K

30.8% 54.7% 6.3% 6.2% 2.1%

$ 20-30K

40-44 35-39 30-34 25-29 20-24 15-19

< $20K

2,000

1,500

1,000

500

0

10-14 5-9 0-4

0

Workplace

2017 Transportation to Work Car as driver Car as passenger Public transit Walked Bicycle Other Method

Visible Minorities 14,093 1,167 5,133 623 187 270

34.2% 2.8% 12.5% 1.5% 0.5% 0.7%

Daytime Population Total Daytime Population 39,418 Daytime Pop. at Work 15,400 Daytime Pop. at Home 24,018

39.1% 60.9%

Occupations All occupations 24,706 Management 2,207 Business, Finance & Admin 4,729 Sciences 2,511 Health occupations 1,645 Education, Gov't and Religion 2,226 Art, Culture & Sport 920 Sales And Service 6,480 Trades 2,575 Primary Industry 231 Manufacturing 1,182

97.9% 8.7% 18.7% 10.0% 6.5% 8.8% 3.6% 25.7% 10.2% 0.9% 4.7%

Education No certificate or diploma High school or equiv Apprenticeship or trade cert. College, CEGEP or other University below bachelor University degree

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1,000

Population by Visible Minority Chinese S. Asian (Inc. East Indian) Black Filipino Latin American Southeast Asian Arab West Asian Korean Japanese Visible minority, n.i.e. Multiple vis. minorities

0.0%

S. Asian (Inc. East Indian) Black Filipino Latin American Southeast Asian Arab

7,406 10,671 2,469 5,961 2,900 11,766

18.0% 25.9% 6.0% 14.5% 7.0% 28.6%

West Asian Korean Japanese Visible minority, n.i.e. Multiple vis. minorities

10.0%

19,894 4,196 441 2,987 908 1,637 147 251 628 606 109 839

20.0%

30.0%

3,000

4,000

5,000

Home Ownership 44.2% 9.3% 1.0% 6.6% 2.0% 3.6% 0.3% 0.6% 1.4% 1.3% 0.2% 1.9%

Visible Minorities by Percentage Chinese

2,000

40.0%

50.0%

2017 Private Dwellings by Tenure Owned Rented

10,599 5,422

66.2% 33.8%

2017 Private Dwellings by Structure Houses Apartments Detached duplex Movable dwelling

8,559 7,439 3,607 3

53.4% 46.4% 22.5% 0.0%

2017 Households by Size of Households 1 2 3 4-5 6+

3,224 4,410 3,073 4,298 1,016

20.1% 27.5% 19.2% 26.8% 6.3%

30% 25% 20% 15% 10% 5% 0% 1

2

3

4-5

6+

Data Source: Environics Analytics

RIVER DISTRICT

Location Summary Report

SECONDARY TRADE AREA DEMOGRAPHICS

Study Area

River District - Secondary Trade Area De ce m be r 13, 2017

Household Income

Study Area $89,089 $68,996

Average HH Income Median HH Income

Province $97,472 $75,248

Households by Income > $250K $ 200/250K $ 175-200K $ 150-175K $ 125-150K $ 100-125K $ 90-100K $ 80-90K $ 70-80K

Population & Household Summary

Age Cohorts

Total Population Population Growth 2012-2017 Population Growth 2017-2022

86,279 5.5% 4.3%

Population Projections 2012 Population 2017 Population 2022 Population 2027 Population

81,761 86,279 90,017 92,497

Total Households Household Growth 2012-2017 Household Growth 2017-2022 % of Households with Children % of Households - Married w/ Kids % of Households - Single Parent

28,348 4.3% 3.8% 52.4% 39.0% 13.4%

75-79

Total Number of Children at Home

26,556

50-54

Population: 19 yrs and under Population: 20-64 yrs Population: Over 65 yrs Median Age

15,329 55,862 15,088 42.4

17.8% 64.7% 17.5%

POPULATION DENSITY = 10 people

Age Distribution 85+ 80-84

70-74 65-69 60-64 55-59

45-49

Marital Status - Population 15 Years+ Single (never married) 23,394 Married/Common-Law 39,601 Widowed 4,466 Divorced 4,286 Separated (legally married) 1,594

$ 60-70K $ 50-60K $ 40-50K $ 30-40K

31.9% 54.0% 6.1% 5.8% 2.2%

$ 20-30K

40-44 35-39 30-34 25-29 20-24 15-19

< $20K 4,000

3,000

2,000

1,000

0

10-14 5-9 0-4

0

Workplace

2017 Transportation to Work Car as driver Car as passenger Public transit Walked Bicycle Other Method

Visible Minorities 23,800 2,019 10,189 1,201 365 531

32.5% 2.8% 13.9% 1.6% 0.5% 0.7%

Daytime Population Total Daytime Population 75,681 Daytime Pop. at Work 32,555 Daytime Pop. at Home 43,126

43.0% 57.0%

Occupations All occupations 43,573 Management 3,745 Business, Finance & Admin 7,942 Sciences 4,420 Health occupations 2,726 Education, Gov't and Religion 3,991 Art, Culture & Sport 1,741 Sales And Service 12,179 Trades 4,311 Primary Industry 461 Manufacturing 2,057

97.9% 8.4% 17.8% 9.9% 6.1% 9.0% 3.9% 27.4% 9.7% 1.0% 4.6%

Education No certificate or diploma High school or equiv Apprenticeship or trade cert. College, CEGEP or other University below bachelor University degree

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2,000

Population by Visible Minority Chinese S. Asian (Inc. East Indian) Black Filipino Latin American Southeast Asian Arab West Asian Korean Japanese Visible minority, n.i.e. Multiple vis. minorities

0.0% Chinese

Black Filipino Latin American Southeast Asian Arab

13,707 18,980 4,325 9,985 5,472 20,872

18.7% 25.9% 5.9% 13.6% 7.5% 28.5%

West Asian Korean Japanese Visible minority, n.i.e. Multiple vis. minorities

10.0%

36,155 7,497 878 5,428 1,614 2,819 224 531 1,139 1,182 161 1,406

20.0%

30.0%

6,000

8,000

Home Ownership 45.3% 9.4% 1.1% 6.8% 2.0% 3.5% 0.3% 0.7% 1.4% 1.5% 0.2% 1.8%

Visible Minorities by Percentage

S. Asian (Inc. East Indian)

4,000

40.0%

50.0%

2017 Private Dwellings by Tenure Owned Rented

19,099 9,249

67.4% 32.6%

2017 Private Dwellings by Structure Houses Apartments Detached duplex Movable dwelling

13,488 14,830 7,649 3

47.6% 52.3% 27.0% 0.0%

2017 Households by Size of Households 1 2 3 4-5 6+

5,756 7,691 5,372 7,603 1,926

20.3% 27.1% 19.0% 26.8% 6.8%

30% 25% 20%

RIVER DISTRICT

15% 10% 5% 0% 1

2

3

4-5

6+

Data Source: Environics Analytics

PROJECT DEVELOPER

ROBERT & LILY LEE FAMILY COMMUNITY HEALTH CENTRE

Wesgroup Properties is a Vancouver-based, family-owned real estate company that specializes in the development of sustainable, mixed-use spaces. In business for more than 50 years, Wesgroup provides complete, end-toend real estate services, acquiring, developing and managing health, retail, commercial, industrial and residential properties. Wesgroup is one of Western Canada’s largest private real estate companies, with significant land holdings currently under development and a property management portfolio of approximately 2.3 million square feet in BC and Alberta. BREWERY DISTRICT

PRESCOTT

FOR MORE INFORMATION PLEASE CONTACT : DERICK FLUKER 604 638 2125 [email protected] JACK ALLPRESS 604 638 1975 [email protected] LAYLA VERA 604 398 4352 [email protected] FORM RETAIL ADVISORS INC. 1280 - 333 SEYMOUR STREET VANCOUVER, BC  V6B 5A6 T 604 638 2121  F 604 638 2122 FORM.CA