Translink has announced that it plans on partnering with developer PCI to build a 30 storey rental tower across the street from the Arbutus Street Broadway Line Station. This would be Translink’s first example of building its own transit oriented development, which will provide additional income streams. This model has existed for decades in advanced …
Translink To Partner with PCI for 30 Storey Tower Read More »
City staff are set to present a report to City Council on March 29th that will provide updates on the implementation of the Broadway Plan to date, as well as some policy recommendations. Key items of the presentation will include: – A report back on a “pace of change” approach to manage redevelopment impacts on …
Broadway Plan Implementation Report To Be Presented March 29 Read More »
Our team completed the sale transaction for 130 West Broadway. After over 7 years in the planning stages, Reliance Properties and Quaderal have formally applied for a rezoning at 130 West Broadway (former MEC store). The massive new project will feature 2 residential rental towers above a large commercial podium with stores, a gym and …
New Rezoning Application for 130 West Broadway (former MEC retail store) Read More »
According to the Ministry of Transportation and Infrastructure, tunnel boring that began last fall has just broken through the future Mount Pleasant Station. It is estimated that the boring machines will take approximately one year to dig from the Great Northern Way – Emily Carr Station all the way to the future Arbutus Street Station. …
Major “Breakthrough” in Broadway Subway Construction Read More »
Covid, remote work, layoffs and a looming recession are causing increasing office vacancy in major markets across North America. In addition, increasing interest rates and tech industry headwinds are causing major office users to step back, reducing, or eliminating parts of their office footprints. As new buildings from the previous cycle get completed, there is …
According to local media reports, the completion of the Broadway Subway Line is projected to be delayed until early 2026 (from the original timeline of late 2025). The delay is being blamed on the 5-week concrete worker strike in June of last summer. Despite the delay and other inflationary pressures, the government claims that the …
Broadway Subway Line Completion Delayed Until Early 2026 Read More »
Newly appointed BC Premier David Eby announced his 3-part plan to address BC’s housing affordability and supply crunch this week. Two of the measures can be implemented quickly, potentially adding a few thousand units into the rental pool. These include: Removing age restrictions in most strata buildings This has the potential to free-up additional family …
Newly Appointed BC Premier David Eby Announces Housing Plan Read More »
After several years in the planning stage, Westbank is proceedingwith an applicaiton to build a 25 storey, mass timber rental building at the NWcorner of East 5th Avene and Main Street (2015 Main Street). Thebuilding will form part of Westbank’s larger Main Alley tech office campus.This exciting new project is set to demonstrate the viability …
25 Storey Rental Tower Proposed at E. 5th and Main Street Read More »
With the implementation of the Broadway Plan beginning on September 1, 2022 a new wave of rezoning applications is anticipated, starting with an application near the future Broadway and Granville Station at 1540 West 10th Avenue. Located within the Fraserview South – Area A (FSOA) subarea of the Broadway Plan, the project is seeking the …
New Broadway Plan Rezoning – 1540 West 10th Avenue Read More »
Originally rezoned in January of 2020 by ChungHwa and subsequently sold to Bosa Properties in Q4 of 2021, a new application has been submitted seeking to change the design and use of the future development. Instead of the original plan to build 438 hotel rooms, the new concept will replace one of the two towers …
Major Changes to Proposed 878-898 (888) West Broadway Redevelopment Read More »
