In September we reported that Kitsilano-born yoga retailer was returning to its roots and leasing 70,000 square feet and multiple floors at 1818 Cornwall Avenue.
Turns out the location is working out better than they could have imagined.
When Lululemon moved in they signed a short-term lease as the property was scheduled for redevelopment.
But today Lululemon announced that they have bought the 130,000 square foot building outright and it will become their Global Store Support Centre.
“Kits has always been our home and we are thrilled that it once again will be,” said Christine Day, lululemon athletica CEO. “To work in one of the most beautiful communities in Vancouver – within walking distance to amazing yoga studios, fitness facilities, the Seawall and beautiful beaches – is what inspires us every day.”
1818 Cornwall – lululemon’s corporate headquarters – is located at the base of the Burrard Street Bridge, overlooking Kitsilano Beach and the North Shore mountains. The building originally operated as a bottling plant and was converted into an office building in the 1980s.
“Man, it feels good to be back! This is where it all started for us with our first store on West 4th,” said Chip Wilson, lululemon chairman and founder. “This is where we belong and this is where we plan to stay.”
Last modified: February 15, 2011
