Vancouver city councilors have unanimously approved a motion calling for a review of the city’s protected “view cones,” which have restricted developments in many parts of Vancouver and helped exacerbate the housing crisis. There are 26 view cones that cross over Vancouver’s central areas of the downtown Vancouver peninsula and the Central Broadway area, as …
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 »
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 »
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 »
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 »
With an original application submitted in June of 2019, the rezoning hearing for 1780 East Broadway has been delayed and postponed due to what City officials blame on “limited available meeting time before summer break”. This would likely see the rezoning hearing punted to the next Vancouver City Council after the municipal elections on October …
