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Vancouver’s West Broadway is in the midst of a ‘land rush’ - The Globe and Mail<br />
can have on an area.<br />
NEWS<br />
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SPORTS<br />
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●<br />
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HIGHLIGHTS<br />
The commercial building at 950 West Broadway sold last May for $46-million,<br />
according to B.C. Assessment Authority records. (Colliers)<br />
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“There’s been a land rush on Broadway,” says<br />
MORE FROM THE GLOBE AND MAIL<br />
Jon Stovell, the chair of the region’s Urban<br />
Development Institute. “Developers have been<br />
purchasing with an expectation it will be one of<br />
the densest areas in the region.”<br />
That’s all in anticipation of the extension of the<br />
Broadway SkyTrain line from Commercial Drive<br />
in the east to Arbutus Street in the west, a plan<br />
that has been talked about for a couple of<br />
decades.<br />
If built, the line would serve a corridor that has<br />
been called Vancouver’s third downtown, a long<br />
strip that is already packed with medical<br />
offices, restaurants and stores. Some parts of it<br />
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have office towers already, especially near<br />
Vancouver General Hospital, but much of it is<br />
unprepossessing and low-rise.<br />
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http://www.theglobeandmail.com/report-on-business/industry-news/property-report/vancouvers-west-broadwayis-in-the-midst-of-a-land-rush/article31494096/[26/09/2016 11:59:03 AM]
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