February 21
Development Potential of Vacant Land Adjacent to Transit Station
Vancouver, BC
For Translink, we evaluated the development potential of a surplus vacant site located adjacent to a new transit station in Vancouver. The land was acquired for station construction and www, but on completion of the station a portion of the site is surplus to future transit requirements. We evaluated the potential for residential, retail, and office use. We provided conclusions regarding the optimum development potential of the site and the likely proceeds from disposition.