A construction boom is being seen around SkyTrain stations in Metro Vancouver.
Because it would be Vancouver's tallest tower outside the downtown core, PCI Group's Marine Landing project is the highest-profile development that has been proposed near a SkyTrain station.
PCI executives envision building two towers (one 24 storeys and one 33 storeys for a combined total of 825,000 square feet) near the Marine Drive SkyTrain station in south Vancouver.
The project, which would create an estimated 2,000 jobs, overshadows other ambitious proposed developments along the decade-old Millennium Line, including:
• Wesgroup building up to 750 homes while providing office space and a 30,000-square-foot Thrifty Foods grocery store on a nine-acre "Brewery District" site near New Westminster's Sapperton station;
• Bentall Kennedy LP planning to develop two 200,000-square-foot office buildings on part of its 38-acre site surrounding the Braid station in New Westminster; and
• Bentall Kennedy planning to build five towers with 900,000 square feet of space east of Broadway Tech Centre by Vancouver's Renfrew station. The technology complex has seven buildings that Bentall Kennedy has already completed.
"We're the most prolific office developer in Vancouver and the most prolific developer along the SkyTrain line," said Tony Astles, Bentall Kennedy executive vice-president.
from Western Investor July 2011
