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Development

Bastion Buys Shell Site on Arbutus & West Broadway

Arbutus & Broadway Shell

Bastion Development Corp. has purchased the Shell Gas Station site on the Northwest corner of the Arbutus and West Broadway intersection.  Shell is currently operating on the property under a land lease.  The site is nearly 29,000 square feet and has 200 feet of frontage on West Broadway.

April 15, 2013by david.taylor@colliers.com
Market Research

City of Vancouver Discusses Broadway Rapid Transit

Vancouver City Council heard a presentation today by the City’s Engineering Services and Director of Transportation on the various options for Broadway Rapid Transit. The presentation provided further detail on demands for transit and business opportunities on the Broadway corridor.

The City highlights the urgency to implement an upgraded form of rapid transit along the growing Broadway corridor. Currently the UBC 99 B-line is the busiest bus route in North America. The City is clearly veering their support away from LRT and toward sub-surface Rail Rapid Transit (ie. Skytrain).

While previous policy indicated a willingness for a subway only to Arbutus, there are many who are arguing for an extension of subway all the way to UBC, rather than rapid bus, which had been explored as an option. As Frances Bula points out, the University is one group that much prefers a single skytrain line all the way to UBC.

Source: City of Vancouver

November 27, 2012by david.taylor@colliers.com
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