METRO VANCOUVER — The city of Coquitlam has reached a public-private partnership agreement with the federal government and Coquitlam Centre to build a third station for the Evergreen Line serving Coquitlam’s City Centre area.

Lincoln Station stop will be built at the City Centre of Coquitlam.

The federal government will contribute up to $7 million through the P3 Canada Fund toward the construction. The project will be co-funded through a partnership between the city and Pensionfund Realty Limited, a privately held real estate company. In addition, once selected, a private operator will be required to build and finance the project.

Read more: http://www.vancouversun.com/Coquitlam+announces+plans+Lincoln+Avenue+station+Evergreen+Line/6959452/story.html#ixzz217G3tVlz

VANCOUVER — The impact of three new AAA office buildings in downtown Vancouver is already being felt in the market despite the fact they won’t be ready for another two years.

According to Colliers International’s Q2 2012 Office Report, the addition of Telus Garden, 745 Thurlow and MNP Tower is creating a more competitive environment for office space and pushing landlords to upgrade properties to meet shifting tenant demands and maintain occupancy levels

Read more: http://www.vancouversun.com/business/commercial-real-estate/developments+spur+upgrades+Vancouver+downtown+office+market/6925230/story.html#ixzz20nfS6Lsl