Craig Johnston Personal Real Estate Corporation · Brokerage: Royal LePage Elite West
Coquitlam History
Lougheed Mall opened September 24, 1969 at North Road and Austin — Burnaby/Coquitlam border. Original anchors The Bay, Safeway, and Woolco. The Lougheed Town Centre SkyTrain station opened with the Millennium Line in 2002; expanded for the Evergreen Extension in 2013-2016. The site is now being redeveloped as 'The City of Lougheed' — 23 towers, ~10,000 homes, 300 shops, ~2 ha of public space.
5.0 across 36+ Google reviews Top 1% Team — Greater Vancouver REALTORS®, 2023–2025 47+ years in the Tri-CitiesQuick Answer
What should you know about Lougheed Town Centre?
Lougheed Mall opened September 24, 1969 at North Road and Austin — Burnaby/Coquitlam border. Original anchors The Bay, Safeway, and Woolco. The Lougheed Town Centre SkyTrain station opened with the Millennium Line in 2002; expanded for the Evergreen Extension in 2013-2016. The si Craig Johnston, Top 1% Team — Greater Vancouver REALTORS®, 2023–2025 and 47+ year Tri-Cities resident, can walk you through the local context. Free Strategy Call ends with a written one-page plan in 24 hours.
Verified facts · Coquitlam History
Mall opened
September 24, 1969
Location
Burnaby/Coquitlam border at North Road and Austin
Original anchors
The Bay, Safeway, Woolco
Bus loop
August 1973 — North Road and Austin Road
First major expansion
1986
Early-2000s renovation
SkyTrain station opened
2002 (Millennium Line)
Evergreen extension station expansion
2013-2016
Lafarge Lake-Douglas terminus
December 2, 2016
Current redevelopment
The City of Lougheed — 23 towers, ~10,000 homes, 300 shops/restaurants, ~2 ha public space
Coquitlam History · Real estate connection
Lougheed-area Coquitlam buyers (Burquitlam-adjacent) are watching a once-a-generation transformation. Pre-redevelopment buying may capture appreciation as the City of Lougheed completes through the late 2020s and 2030s.
A 47-year Coquitlam resident and licensed REALTOR® at Royal LePage Elite West. The local context that makes the numbers make sense.
The Lougheed area has grown into one of the region’s busiest hubs. For a buyer, that evolution has concrete, present-day implications.
Transit
Lougheed has become a significant transit hub, and that connectivity is one of the things buyers and renters look for.
Density
The area has seen major redevelopment into a dense, mixed-use centre. If you want new construction with amenities and transit at the door, this is the kind of place built for it.
Amenities
Large-scale retail, services and dining are concentrated here, which means daily life can happen close to home — a real draw for convenience-minded buyers.
Investment
Transit plus amenities plus proximity to employment and campuses make the area attractive to renters, which is why investors pay attention to it.
Lifestyle
A dense, mixed-use hub suits buyers who want an urban, car-light lifestyle rather than a big lot — professionals, downsizers and first-time buyers alike.
Resale
Because its core advantages — transit and amenities — are permanent, homes here tend to stay desirable through cycles, supporting resale.
The takeaway from Lougheed’s growth is that it produced a genuine transit-and-amenity hub, and that is precisely what makes it attractive to buyers who prize connectivity and convenience over space. The history explains why the area is dense, busy and well-connected today — and those present-day qualities are what you are really weighing as a buyer.
If that urban, connected lifestyle appeals, the Lougheed area rewards a visit on foot and by transit to feel how the pieces fit together for your routine — the walk to the station, to the shops, to work or campus. That lived test, more than any history, will tell you whether this busy, well-connected kind of living is the right fit. Some buyers thrive on having everything at the doorstep and the region a quick ride away; others find it too dense for their taste. The area rewards the former generously — and the only way to know which you are is to spend a little time there before you decide.
The mall opened September 24, 1969, on the Coquitlam-Burnaby border. It has since become a major SkyTrain-connected hub anchoring the surrounding Burquitlam and Lougheed neighbourhoods.
Lougheed is being redeveloped into a large master-planned community of residential towers around the mall and SkyTrain, one of the region's biggest transit-oriented developments — a significant driver of demand in adjacent Burquitlam.
Its SkyTrain access, amenities and ongoing redevelopment make it popular with condo buyers and investors who value walkability and transit. The trade-off is density and construction activity during the build-out.
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September 2026 Coquitlam detached HPI is $1,584,400, -6.6% YoY. What that means for your buy or sell decision — without the salesy fluff. One email per month. Unsubscribe anytime.
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5.0 stars across 36+ verified Google reviews. Three from recent clients below.
“He is a professional who is guided by integrity, honesty, and punctuality. When faced with challenges, Craig has shown his dedication to proactively navigate the issue on hand towards our goal.”Jaeyoung Joo
“Craig was an absolute pleasure to work with. He is extremely friendly, highly knowledgeable, and constantly monitors trends and data so we could make informed decisions. The more time we spent interacting with other agents during our home-buying process, the more pleased we were with choosing Craig.”Ashley K.
“As first-time home buyers, we had a myriad of concerns. Craig immediately put us at ease by taking the time to address each of our questions thoroughly and patiently. At no point did I feel pressured or rushed into making a decision. Instead, Craig empowered us with all the facts and options.”Jeff Kwok
Whether you’re buying, selling, or doing both, a 20-minute strategy call gets your questions answered and your next step clear. Or start with a free Equity Map of what your current home is worth.
5.0 across 36+ Google reviews Top 1% Team — Greater Vancouver REALTORS®, 2023–2025 47+ years in the Tri-CitiesOr call direct: 604-202-6092