A revised rezoning application has been submitted for 1395 West Broadway. The new application seeks an increased in density from 8.65 FSR to 9.0 FSR as well as an increase in height from 300′ to 319′. The project will seek to add approximately 280,000 SF of new office space. Vancouver’s Q2 office vacancy rate stands …
1395 West Broadway – Revised Rezoning Application Read More »
A new rezoning application has been received for 2096 West Broadway & 2560-2576 Arbutus Street. This project is a Joint Venture between developer PCI and Translink. Translink had previously acquired the former Fletchers drycleaning property at 2096 West Broadway. PCI acquired 2560 and a proposal was submitted to close the lane and combine the sites …
New Rezoning Application – 2096 W Broadway (Broadway & Arbutus) Read More »
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 »
