Loblaws City Market Opens at South Granville SkyTrain Station Amid Broadway Subway Delays
Key Takeaways
- What happened
- Loblaws City Market officially opened its doors on Friday morning, June 26, 2026, at 1461 West Broadway, anchoring the retail podium of The Stories tower.
- Location
- Global markets / U.S. (indirect for Metro Vancouver)
- Key points
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- The opening of this anchor tenant signals the maturation of the South Granville retail district…
- 2025: Completion of The Stories tower, a 39-storey building, the tallest on Vancouver’s Central…
- June 26, 2026: Photos taken showing progress on South Granville Station entrance and The…
- Local impact
- The Stories tower, completed in 2025, stands as the tallest building on Vancouver’s Central Broadway corridor. Designed by Musson Cattell Mackey Partnership, the 39-storey mixed-use structure contains 106,000 square feet of office space, with Nicola Wealth Management leasing over 38,000 square feet across two levels. For Metro Vancouver buyers, sellers, developers and investors, watch financing cost, transaction pace, supply mix and policy expectations.
- Who should watch
- ["Buyers and renters in The Stories tower gain immediate access to a full-service grocery store, enhancing the building's livability and value proposition.", 'Investors in nearby retail properties may see increased foot traffic as the…
What Happened
Loblaws City Market officially opened its doors on Friday morning, June 26, 2026, at 1461 West Broadway, anchoring the retail podium of The Stories tower. The new 19,000-square-foot, two-storey grocery store is situated directly above SkyTrain’s South Granville Station on the Broadway Subway line. Franchise owner Dan Close stated the location employs over 75 people and aims to serve the South Granville community with fresh produce, natural products, and ready-to-eat options. The store features expansive floor-to-ceiling windows and connects to the street level via escalators and elevators. This marks the fifth Loblaws City Market in Metro Vancouver and the third in the city of Vancouver.
Why It Matters
The opening of this anchor tenant signals the maturation of the South Granville retail district as a primary destination for the Broadway Plan area. Although the store is positioned to benefit from future transit ridership, the Broadway SkyTrain extension is now slated to open in late 2027, delaying the full integration of the station's underground concourse. The presence of major retailers like Loblaws, alongside a Royal Bank of Canada branch and a new Starbucks, indicates strong confidence in the neighborhood's commercial viability despite the construction timeline. This development provides immediate amenities for the 407 rental units in The Stories tower and surrounding residents while the subway infrastructure is finalized.
Local Vancouver / Burnaby Context
The Stories tower, completed in 2025, stands as the tallest building on Vancouver’s Central Broadway corridor. Designed by Musson Cattell Mackey Partnership, the 39-storey mixed-use structure contains 106,000 square feet of office space, with Nicola Wealth Management leasing over 38,000 square feet across two levels. The residential component includes 226 secured purpose-built rental homes, comprising 181 market units and 44 below-market units. The Broadway Plan has driven significant density along this corridor, transforming West Broadway into a major commercial spine. South Granville Station is projected to become the second busiest station on the Broadway Subway by 2045, with an estimated 14,700 boardings per day. Other retail developments, such as a planned FreshCo by Sobeys three blocks east in the former Toys ‘R’ Us building, further cement the area's retail density.
Market Impact
The arrival of a major grocery anchor reduces the need for residents in The Stories tower and nearby developments to travel to other commercial nodes, potentially stabilizing local retail rents. The delay of the SkyTrain opening to late 2027 means the full foot-traffic benefits of the underground concourse are postponed, but the physical presence of the store and other tenants suggests the area is already attracting significant commercial interest. The completion of The Stories tower and the opening of Loblaws demonstrate that developers are proceeding with leasing and tenant placement despite the extended construction timeline for the transit component.
Investor / Buyer Takeaway
- Buyers and renters in The Stories tower gain immediate access to a full-service grocery store, enhancing the building's livability and value proposition.
- Investors in nearby retail properties may see increased foot traffic as the South Granville district fills its anchor tenants ahead of the subway opening.
- Tenants leasing office space in the Broadway corridor should note that while Nicola Wealth Management has secured a significant presence, two of the five office floors in The Stories tower remain available for lease.
- Monitor the late 2027 SkyTrain opening date closely, as the full commercial impact of the station will only be realized upon its completion.
- The presence of multiple major retailers (Loblaws, Starbucks, RBC) indicates a strong retail market, but the delay in transit integration may temporarily cap peak foot-traffic growth.
Builder / Developer Perspective
PCI Developments has completed The Stories tower, a 39-storey mixed-use project that integrates residential, office, and retail components. The successful leasing of Nicola Wealth Management and the opening of Loblaws City Market demonstrate the feasibility of large-scale mixed-use developments in the Broadway Plan area. The architectural design by Musson Cattell Mackey Partnership includes a retail podium that connects to the future SkyTrain station, highlighting the importance of transit-oriented design in current development strategies. The project's completion ahead of the subway opening allows for early revenue generation from retail and residential leases.
Risk Factors
- The Broadway SkyTrain extension opening has been delayed from 2025 to late 2027, potentially impacting the projected foot-traffic timeline for retail tenants.
- Sidewalk access near the grocery store is currently restricted due to ongoing subway construction, with the sidewalk ending as a dead end halfway through the block.
- Two of the five office floors in The Stories tower remain available for lease, indicating potential competition for office tenants in the area.
- It remains unclear whether the new Starbucks location beside the station entrance will replace or complement the existing Starbucks across the intersection, which could affect retail dynamics.
- The full integration of the underground concourse and station entrance is still under construction, which may limit immediate pedestrian flow from the transit hub to the retail podium.
BurnabyHouse Insight
The opening of Loblaws City Market at South Granville is a tangible milestone for the Broadway Plan, proving that the corridor's commercial infrastructure is advancing even as the transit component faces delays. The Stories tower, with its mix of secured and market rentals, office space, and retail, represents the type of high-density, mixed-use development that the plan envisions. While the late 2027 SkyTrain opening is a setback for the full realization of transit-oriented density, the presence of major tenants like Loblaws and Nicola Wealth Management suggests that the market is confident in the area's long-term viability. The South Granville district is rapidly evolving from a traditional retail strip into a major urban node, with the upcoming FreshCo and other developments further solidifying its role as a key commercial hub in Vancouver.
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