lululemon athletica inc, the yoga-inspired athletic apparel company, has come full circle and is settling in Kitsilano, the Vancouver community where it all started. It was announced that the company expects to complete the purchase of its Global Store Support Centre, located at 1818 Cornwall Avenue, on or around March 1, 2011, subject to the satisfaction of certain closing conditions.
The building is 130,000 square feet; approximately 70,000 square feet have been occupied by more than 300 lululemon athletica employees since late Fall 2010.
“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.”
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