Month: January 2022

Biggest Deal of 2021 – Transit Site next to Marine Dr. Canada Line Station

RENX has revealed the top 10 list for largest transactions in 2021. I am pleased to announce that our deal for the redevelopment of the Ashley Mar Co-op received the top place (#1) with an asset value of over $300 million. The future project will include 524 rental units in addition to 125 new co-op …

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Housing Minister David Eby Weighs in on Broadway Plan

Housing Minister David Eby proposes massive increase in housing supply to combat housing affordability in BC. When asked about levying new taxes on existing home owners to reduce demand for housing, the Housing Minister instead countered by proposing a massive increase in housing. The Minister cited “profound concern about the housing that we are not …

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Happy New Year From the Broadway Plan Real Estate Solutions Team

Happy New Year After years of delay to the Broadway Plan, it seems that 2022 will see some real progress with the actual line under construction and continued pressure on the housing supply. Planners and all levels of government are desperate/anxious to increase the number of affordable rental units as one of the key election …

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