News

Review of City of Vancouver View Cone Policy

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 […]

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Translink To Partner with PCI for 30 Storey Tower

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

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Major “Breakthrough” in Broadway Subway Construction

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.

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Office Vacancy Leading to Flight to Quality

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

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Newly Appointed BC Premier David Eby Announces Housing Plan

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

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Major Changes to Proposed 878-898 (888) West Broadway Redevelopment

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

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