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 »
As previously reported on July 5th, the rezoning application for 1780 East Broadway (originally submitted in June of 2019) was deferred until after the October 2022 City of Vancouver municipal elections. https://vancouverbroadwayplan.ca/rezoning-for-1780-east-broadway-delayed/ We have now learned that the applicant will resubmit/revise their rezoning application to increase the number of housing units from 653 to 894 …
1780 East Broadway (Safeway Site) Rezoning Application Revised Again Read More »
Starting today – September 1, 2022 – the Broadway Plan is in effect. This means that the previously imposed moratorium on rezonings in the Broadway Plan Area is now lifted and a flurry of development activity will ensue. Our team at Broadway Plan Real Estate Solutions is very excited at the prospect of helping to …
Broadway Plan in Effect Starting Today – September 1st, 2022 Read More »
After 6 contentious meetings over the span of a month, the highly controversial rezoning for a supportive housing/social housing project at 8th Avenue and Arbutus Street was approved 8 to 3. The decision to approve the project was made despite huge opposition from both local area residents and the families of students of St. Augustine …
Controversial Rezoning Approved Next to Future Arbutus Broadway Line Station Read More »
