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The Shipyards - Lot 5 Development

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The Shipyards - Lot 5 Development


The City has chosen Quay Property Management Corp. (QPM) as its partner to develop The Shipyards - Lot 5, bringing the City a significant step closer to delivering a unique, interactive, year-round, activity driven people place that will include an outdoor public skating rink and a water play area. The outdoor public skating rink will be the largest in the Lower Mainland.

Site Activities

To allow for environmental investigation and remedial work to commence, Lot 5 will be cleared beginning in the summer of 2016. Installation of a secant pile wall surrounding the perimeter of Lot 5 will be installed late 2016. Construction of the Lot 5 commercial building and open space is scheduled to commence in early 2017. The Shipyards Lot 5 is due to open late 2018.

Watch the site develop here:

Site Rezoning

Hotel Use is contemplated as part of the commercial development on Lot 5. A rezoning application to permit a Hotel Use, as well as minor revisions to the definition of Community Amenity Space, has been submitted for Council’s consideration. This will be considered on June 27, 2016 for referral to Public Hearing.

The History of The Shipyards

The Shipyards first opened as Wallace Shipyards in 1906 and grew into one of the most impressive industrial operations in western Canada before closing its doors in 1992. Over its many years of operation, the Shipyards have become a defining aspect of the City's identity. Today, the Shipyards are recognized as a Primary Heritage Site in the City of North Vancouver Heritage Inventory


The Shipyards have been restored through the Pier Development to accommodate retail and commercial space, public plazas, interpretive signage, waterfront walkways and restored piers. Pier Development Phase lll, the last component, is currently underway.

The last remaining parcel to be developed is Lot 5, a City-owned parcel of land located in the center of The Shipyards site. As part of the Central Waterfront Development Plan, a vision for Lot 5 was established to create a significant people place with active and interrelated public spaces offering year-round activities all of which are supported by a surrounding commercial development. To further clarify the vision, in April 2015, Council endorsed the Site Planning Principles to guide future development of Lot 5. In June of 2015, a Request for Expression of interest was undertaken and then a more detailed Request for Proposal process. Out of this process, Quay Property Management Corp. (QPM) was selected by the City as its partner to develop The Shipyards - Lot 5.

A Public Information Session was held on April 25, 2016

See Information Session Display Boards - PDF
See Development Highlights

Further Information

Site Location

Download high resolution version

Download high resolution version

View the design renderings here:


Contact Info

Barbara Pearce
Director, Strategic Initiatives & Services
Tel: 604-982-3962

Heather Reinhold
Manager, Strategic Initiatives
Tel: 604.982.3909


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