For a Vancouverite, it's very impressive considering the massive size and relatively close proximity to DT (20min). Seattle Premium Outlets would be something similar.
It's a combo outlet/mall, probably more of the latter, since it's indoor but the stores are just enormous outlet size! And the choice was impressive, esp. the Coach for Men. Probably not as many brand designer names like the Premium, but you won't be disappointed by the availability:
Banana Republic
H&M
Levi's
Victoria's Secret
XXI
Bath Beyond
Guess
all of the phone carriers
and an amazing food court w/ nice earth-theme decor, no cheesiness here, though still the same kind of food...even a carasoul for the kids...
Cineplex theatres to boot too, and a Boston Pizza, and what else, Tim Hortons...