They’ll charge you the highest rents in Canada for retail space on Robson between Burrard and Bute. Expect to put up $110 to $210 per square foot. According to James Smerdon at Hudema Consulting, not even Yorkville ($185-200) in Toronto comes in that high.
But it’s a bargain compared to rates on the world’s major shopping streets. Here’s a list from Cushman and Wakefield – and these are in U.S. dollars.
The world’s most expensive streets, per square foot, for retailers:
Fifth Avenue, New York — $1,350
Causeway Bay, Hong Kong — $1,134
Champs Elysées, Paris — $805
New Bond Street, London — $673
Ginza, Tokyo — $652
Grafton Street, Dublin — $534
