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TransLink announces first real estate development project

TransLink announces first real estate development project

The T marker in the foreground with a crane and under construction development in the background

We’re moving forward on a partnership with PCI Developments (PCI) to build a proposed mixed-use development near the future Arbutus SkyTrain Station, on West Broadway and Arbutus.

Located next to the future terminus of the Broadway Subway, an incoming bus loop, and the Arbutus Greenway mixed-use walking and cycling path – this is the first development under TransLink’s Real Estate Development Program. This transit-oriented development will improve people’s access to sustainable transportation options, generate new long-term funding for transit services, and provide much-needed housing options in the neighbourhood.

TransLink and PCI own adjacent plots of land on the southeast corner of Arbutus and Broadway and have entered an equal development partnership. The proposed development would include:

  • 30-storeys of mixed-use residential rental and commercial space
  • Street-level retail and over 200 residential rental units – 20 per cent of which will be rented below market and secured for moderate income households
  • Community space that will serve as the future home of the Ohel Ya’akov Community Kollel — a Jewish cultural, education, and neighbourhood centre

A map showing the site of the TransLink-PCI development

As our region’s population continues to grow and demands on transportation and housing increase, people are increasingly looking toward transit-oriented communities to live and work in. This transit-oriented development will be in-line with the City of Vancouver’s Broadway Plan while helping to achieve targets outlined in Transport 2050 and Metro 2050.

Further details of the project are still being finalized and will be shared later this spring though a community open house. Following this initial engagement phase, a formal rezoning application will be submitted to the City of Vancouver.

Terence Chu


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