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Vancouver’s West Broadway is in the midst of a ‘land rush’ - The Globe and Mail<br />
A long-established Vancouver family, the Pappajohns, snapped up the Denny’s<br />
restaurant site on West Broadway this year for $26-million. (Colliers)<br />
“Once we have confirmed funding and an<br />
annual project, we’ll engage in a planning<br />
process,” says Jane Pickering, Vancouver’s<br />
acting general manager of planning. “Around<br />
transit stations, it’s pretty clear there will be<br />
some densification.”<br />
One area that does have the green light for<br />
greater density is around the existing<br />
Commercial-Broadway station, the secondbusiest<br />
in the transit system. Increased density<br />
around that station was recently approved as<br />
part of the Grandview-Woodlands community<br />
plan, which is mapping out what services are<br />
needed as the neighbourhood grows by 10,000<br />
people over the next 25 years.<br />
There is a Safeway grocery store with a large<br />
parking lot next to it, where developer Ian<br />
Gillespie of Westbank Corp., who has worked<br />
with Safeway on other projects in the past, is in<br />
the midst of designing a new complex of towers<br />
with residential and office space.<br />
Mr. Stovell says he’s certain the province,<br />
which has to commit to millions of dollars in<br />
funding, along with the federal money, for the<br />
project to proceed, will be pushing the city to<br />
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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