Why Global Corporations are Investing in Vancouver
In recent months, major corporations around the world have announced their intention to invest in Vancouver, through new offices, headquarters and global centres that will see thousands of employees calling the coastal city home.
Globally recognized athleisure brand lululemon announced their new worldwide headquarters will soon open in Vancouver, with construction anticipated to start as early as September 2020. The commanding building in False Creek Flats – replacing the company’s current head office in Kitsilano – will stand 13 stories and include retail space and a café. Lululemon’s aim to double its current staff count of 2,000 over the next decade is a driving factor of incorporating healthy workspace design to its new HQ, recognizing increased demand from top global talent for integration of health and wellness into the workday. Boasting 460 stores in 13 countries, lululemon was born in Vancouver as a small design space that transformed into a yoga studio at night… and now, the company is worth more than $26 billion.