Time Out Market Vancouver Opens
Time Out Group plc announced the opening of its Time Out Market Vancouver, its second Canadian location and thirteenth globally, operating under a Management Agreement within the significant Oakridge Park redevelopment. This 51,000 sq ft market features 18 kitchens, multiple bars, and an outdoor terrace, bringing together local culinary talent. The company also has four further sites signed for 2026 and beyond, with a majority now being capex-light Management Agreements or Franchise models, indicating a strategic shift in expansion.
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Time Out Group plc (AIM: TMO), the global media and hospitality business, is pleased to announce that Time Out Market Vancouver is now open to the public. The Market is located within Oakridge Park - one of the most significant ongoing redevelopment transformations in North America; the development comprises residential, retail, office, green spaces, civic and cultural components.
The new Vancouver site, operating under a Management Agreement, is the second Time Out Market in Canada and brings the number of global locations to 13. A further four sites - including one Franchise and three capex-light Management Agreements which now form the majority of the portfolio - have been signed and are set to open in 2026 and beyond, with more Markets in advanced negotiations.
Time Out Market is a food and cultural market that brings the best of the city together under one roof: a curated mix of the city's best chefs, restaurateurs, drinks and cultural experiences - top chefs and rising local talents from across Vancouver have accepted the invitation to join the Market's lineup. Spanning 51,000 sq ft, Time Out Market Vancouver - which opened its doors on Thursday, 28 May - features 18 kitchens, a dessert counter, a coffee counter, three bars, multiple event spaces and an outdoor terrace onto a public park.
Time Out Market is located in Oakridge Park, a bespoke and captivating cultural destination for Vancouver co-developed by QuadReal Property Group and Westbank. Spanning over five million sq ft, it is set to offer a top-tier retail experience with 140+ leading global brands - including flagship and boutique stores - alongside accommodations for over 6,000 residents, 700,000 sq ft of office space for over 3,000 creative economy professionals, one of Vancouver's largest community centres and busiest libraries, and six dynamic indoor and outdoor live-music venues.
The existing Market portfolio and expected opening schedule based on calendar year is as follows:
| Open Markets | Markets under development - opening in 2026 and beyond | |
| Owned & Operated | Partnerships: Management Agreements (MA) & Licensed (L) | Partnerships: Management Agreements (MA) & Franchise (F) |
| ● Lisbon ● New York, Brooklyn ● Porto ● Barcelona ● New York, Union Square | ● Montreal (MA) ● Dubai (MA) ● Cape Town (MA) ● Bahrain (MA) ● Osaka (MA) ● Budapest (MA) ● Boston (L) ● Vancouver (MA) | ● Delhi (F) - expected to open in 2026 ● Abu Dhabi (MA) - expected to open in 2026 ● Prague (MA) ● Riyadh (MA) |
Cleaned text: letterheads, contacts and legal notices removed. View the original announcement ↗ · Company filings. Not investment advice.