Retail and real estate analysts believe large retailers such as Walmart or Target could start pushing for construction of a new mall on either of two downtown blocks that are ripe for redevelopment.

Canada Post’s sale in January of its long-time Vancouver headquarters to BC Investment Management Corp. (BCIMC) has opened up the block bounded by Georgia, Homer, Dunsmuir and Hamilton streets.

Two blocks east is Larwill Park, which is owned by the City of Vancouver and bounded by Georgia, Cambie, Dunsmuir and Beatty streets.

The Vancouver Art Gallery (VAG) is hoping to convince the city at a meeting, likely to be held in early March, that it should be given the site – which some estimate to be worth $200 million – to build a new $300 million gallery.

The Tri-City News – Proposal years ahead of a (possible) station.

A company wanting to build a mid-rise housing complex near a future Evergreen Line station in Coquitlam may be offering a development that’s too small — and too soon.

Epix Developments is proposing to construct a six-storey building with 80 apartments and ground-floor commercial space at Falcon and Runnel drives on a vacant lot about 800 m from the Ioco station in Port Moody and two blocks north of a potential future Falcon Drive station.

Epix spokesperson Brad Marko told Coquitlam’s council-in-committee on Monday his company is also working with OK Tire to include its adjacent Falcon Drive property.

Read more: http://www.tricitynews.com/news/191895921.html