The Shipyards - Lot 5 Development


The City has partnered with Shipyards Development Ltd, a subsidiary of Quay Property Management Corp. (QPM), 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.

Design Renderings

Construction Underway! Site Activities

Construction at The Shipyards – Lot 5 is well underway. Site remediation and bulk excavation was completed in summer 2017, with ground improvement and foundation work completed Fall 2017. Completion of The Shipyards – Lot 5 is expected mid 2019.

Watch the site develop here:

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 with The Shipyards 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 in April 2016. See Information Session Display Boards and Development Highlights for more information.

Site Location

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Contact Info

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

Heather Reinhold
Deputy Director, Strategic Initiatives
Tel: 604-982-3909


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