DOCSLIB.ORG

Landshare Report SPRING 2018

Total Page：16

File Type：pdf, Size：1020Kb

Download full-text PDF Read full-text
Landshare Report SPRING 2018 Metro Vancouver LandShare Report SPRING 2018 Accelerating success. MARKET SUMMARY INTRODUCTION Although the number of land sales transacted over 2018 so far has decreased since the same period last year, the average price per transaction has increased by 9%. This reflects the higher prices recorded across most markets (on a per buildable square foot basis). POLITICAL RESTRICTIONS CREATE DIFFICULTIES FOR BUYERS Metro Vancouver Land Sales Activity AND SELLERS $8,000 1400 $7,000 1200 For developers, the lack of transparency in negotiating Community $6,000 Amenity Contribution charges continues to lead to unpredictable 1000 $5,000 timelines, expenses and risks for developments. Lengthy permitting 800 $4,000 processes, restrictions around view cones, and objections from 600 $3,000 Number of Deals of Number residents of neighbourhoods that are viable candidates for 400 $2,000 densification also dissuade developers. 200 Transaction Value (in Millions) (in Value Transaction $1,000 $- 0 The provincial NDP government elected in May 2017 generated 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 some uncertainty around housing and development policies in High Density $131 $94 $235 $709 $594 $852 $1,009 $1,368 $3,065 $3,104 $972 Medium Density $279 $149 $497 $701 $687 $596 $1,027 $1,091 $2,466 $3,115 $781 British Columbia. The mayoral elections occurring later this year Low Density $131 $65 $223 $430 $449 $328 $441 $594 $1,047 $949 $311 have renewed this uncertainty, with housing policy one of the most Number of Deals 232 157 385 537 575 509 641 854 1,294 1,008 267 contentious and significant issues of the election. Low Density Medium Density High Density Number of Deals On the buyer side, a harsher mortgage stress test, an increase to 20% of the foreign buyers’ tax, along with the introduction of the empty homes tax slowed absorption, especially in the luxury market. VANCOUVER IS A GROWING, WORLD-CLASS CITY However, there is still sufficient appetite for new product, and approximately 70% of all multifamily homes released in May were Notwithstanding the constraints limiting new housing supply, pre-sold, which is an increase from approximately 40% in April. Vancouver is undergoing consistent growth. The Real Estate Board Reasonably strong absorption is expected throughout the remainder of Greater Vancouver projects the population of the Lower Mainland of the year due to pent-up, unsatisfied demand. will continue to grow by 30,000 new residents per year until 2040. B.C. experienced a 3.4% employment growth rate throughout 2017 and Vancouver’s emergent status as a tech hub has attracted Metro Vancouver Average Transaction Growth per Year companies such as Microsoft, Facebook, and Amazon. $9,000 9% $8,000 Critical to the strong positive growth outlook for British Columbia 40% $7,000 are the significant investments being made in major infrastructure $6,000 42% in the region. A notable example is B.C Transit’s commitment of $5,000 11% around $10 billion over the next decade for transit-related projects, 16% $4,000 38% such as the Millennium Line Broadway extension, Surrey Light Rail, $3,000 26% -7% Expo Line upgrade, and Evergreen Extension. Also announced this -12% $2,000 year, the federal government will invest $167 million in improving -15% $1,000 infrastructure in and around the Port of Vancouver. The port is Average Transaction Value (in Millions) $- Canada’s busiest, and recorded record throughput volume last year. $(1,000) 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 Average transaction Price 1 Source: Distributed under special license. © RealNet Canada Inc. All rights reserved. 1A MARKET SUMMARY VANCOUVER – DOWNTOWN S t a n l e y P a r k S D t r a n le S y t Downtown Vancouver continues to see high-value transactions regardlessa Beaverof general marketP sentiment in the Lower n a l Lake r e k y D P r a P r i k p C e l Mainland, as the end-product commands a premium. In 2018 to date there have beeni five residential land transactions a u n s e e Stanley w R a d Park y Avison within the downtown core. Gastown has no active projects; Westbank’s project at 33 Blood Alley W is currently in ay preconstruction. There is one active project within Chinatown; community sentiment regarding development is divided. 1A 99 ark Dr y P nle r ta n D S S goo ta La HIGHLIGHTS nl ey N P ar k Dr Lost Lagoon » Local developers are generally more cautious now than they were in the past. Devonian Coal Harbour Sites that would have received as many as 10 bids in the past now receive three Harbour Park or four, and larger developers with sizable land banks are reluctant to make new 2W. Georgia St Alberni St acquisitions given the uncertainty around the provincial government’s housing Lagoon Dr Haro St 1 Park Ln policies, the impending municipal election, and the difficulty in negotiating CACs Beach Ave Chilco St Harbour Pendrell St Green Park quickly and transparently. However, the downtown core remains popular with W. Commissioner St Gilford St Comox St Bidwell St Pender St foreign investors, as evidenced by the purchase of 1830 Alberni. Foreign Denman St Pendrell St W. Georgia St Canada Pl Alberni St Canada investors view Vancouver sites as strategic long-term investments, and they are Place Nicola St Melville St willing to bid competitively. Bidwell St English Bay Cardero St Broughton St 99 Waterfront Beach Ave Beach Jervis St Hastings St E. Commissioner Cordova St » The downtown condo market remains strong, and supply is still outmatched by Nelson St Barclay St Bute St Burrard Pender St 1A Bidwell St Haro St 3 Dunsmuir St demand. There are 11 active projects within downtown Vancouver, only two of Pendrell St Thurlow St Water St Cardero St Comox St W. Georgia St Powell St Columbia St Nicola St St Abbott which were launched in 2018. The sale of condos with prices exceeding $3 Burrard St Seymour St Granville St Carrall Robson St Davie St million is expected to continue slowing due to the foreign buyers’ and empty Broughton St Burnaby St homes tax; for example, Landmark on Robson’s East Tower sold 42 units since City Centre Homer St Howe St Pender St Harwood St St. H February 2018 at an average unit price of $3.168 million, leaving 82 units Bute St Paul’s Granville St Richards St Stadium/ Keefer St Smithe St Quebec St DunsmuirChinatown Viad released and unsold. Lower-priced, smaller condos are anticipated to be Sunset Hornby St Cambie St Beach Beach Ave Hamilton St Thurlow St Nelson St Pacic Blvd Burrard St absorbed quickly, but this type of product has not been prevalent within this Rogers Expo Blvd Davie St Helmcken St Beatty St Arena market. Unit sizes have trended downwards in Vancouver, with an average sold Blvd Georgia Viad BC Place Drake St Mainland St Stadium unit size of 1,211 square feet for concrete condominiums sold in Q1, which is a Hornby St Expo Vanier Hamilton St Park May & Lorne Brown Park Seymour St decrease from the 1,244 square foot average in Q4 2017 and the 1,309 square Burrard Bridge Pacic Blvd Richards St Yaletown/ foot average in Q3 2017. Roundhouse Science Homer St World Pacic Blvd Point Grey Rd Kitsalano Beach Cambie Bridge St Quebec George Wainborn David Lam KEY SALES Granville Granville Bridge Park Park Trafalgar St Trafalgar Island Balsam St Balsam Maple St Johnston Street False Creek Yew St Yew Olympic Village BASE FLOOR SPACE PRICE PER BUILDABLE ADDRESS PURCHASER PRICE SIZE (SF)99 1 Ave 1 Ave RATIO (FSR)* SQUARE FOOT (BSF) 1 Ave Stephens St Stephens Cartwright Street Larch St Larch Vine St 2 Ave 2 Ave Cypress St Cypress 2 Ave Old Bridge Street 1. 1640-1650 Alberni Street Private Investor3 Ave $130,000,000 3 Ave 17,293 2.20 $3,417 1 Ave 3 Ave 2. 1830 Alberni Street Private Investor $52,000,000 21,615 2.75 $875 3. 1057 Barclay Street Private Investor $19,000,000 8,668 2.75 $797 DEVELOPMENT & REZONING PERMITS NOTABLE NEW DEVELOPMENTS: AVERAGE LAND SALES RANGE » The Northeast False Creek Plan was approved in February. This plan will direct (Price per Buildable Square Foot) the transformation of the 58 hectares in the Northeast False Creek lands; APARTMENT ownership of these lands is split between the provincial government and its CONCRETE Crown corporation, private landowners, the COV, and various owners of existing Downtown Core $500-$850 buildings. 12,000 people will be housed in this community, which will require the removal of the existing viaducts and the creation of a new road network. The Downtown East/Chinatown $300-$400 plan is to be implemented over the next 20 years and will activate one of Vancouver’s last undeveloped waterfront areas. » Westbank’s ‘Butterfly’ project is a highly anticipated 57-storey tower at 969 Burrard Street. Out of 331 released units, only eight remain unsold. The average unit price is $3.3 million and the blended price per square foot is $3,005. First occupancy is projected for late 2022. The CACs for this project are valued at $91.3 million, one of the most significant CAC payments in the City’s history. * Based on estimated FSR Note: Key Sales are large transactions and therefore sometimes reflect a price per buildable square foot that is lower than the marketaverage LandShare Report | Spring 2018 | Metro Vancouver | Colliers International 1 Buntzen Lake Capilano Lake West r m D r d h R A g u o n Vancouver o n r a a r l i i o D p d b s a mar Rd n th n Ave e I u e C ra 99 Upper So v B te Edgemont Blvd S Queens Ave Le ve ls Delbrook BC RAIL Mathers Ave d Pitt Lake Highway R E 29th St ur Inglewood Ave o 21st St MARKET SUMMARY St 11th m y Fulton Ave 1 Hyannis Dr e S e Lynn Valley Rd North t v 15th St A E Riverside Dr M Taylor Wy Taylor l Ma l rin e e F Vancouver Rd Dr y Mountain Hwy Larson Rd a VANCOUVER – WEST B 15th St ll e ge Lonsdale Ave d Ave Chestereld d w Harrison Lake i W 13th St Ave St Georges R d r t e B e B Berkley Rd Berkley Welch St Mountain Hwy o e W W 3rd St E Sunnyside Rd Sunnyside E Grand Blvd E Grand t o Mt Seymou r a K l Pkwy Harbourside Dr e l E i G s ith Harbourside Pl p L s l Rd East Rd n an o a E 3rd St i Lonsdale Quay de Rd Cove Deep L Brooksbank Ave ollarton Rd D Dollarton Hwy The third and final phase of the Cambie Corridor Plan was approved by Vancouver City Council on May 1st.
Load more

Recommended publications
  • Vancouver, BC Retail Q2 2018
    MARKETBEAT Vancouver, BC Retail Q2 2018 ECONOMIC INDICATORS Market Overview An indicator of British Columbia’s booming economy and strong retail National 12-Month sales growth is that several Metro Vancouver shopping centres are 2017 2018 Forecast currently either expanding and/or redeveloping. Despite the rise in GDP Growth 1.3% 2.3% eCommerce, shopping malls across the region such as Park Royal, CPI Growth 1.5% 2.6% Oakridge Centre, Brentwood Town Centre, Lougheed Town Centre Consumer Spending and others, are redeveloping to refresh their looks, add square 1.5% 1.5% Growth footage, or build condominium towers on mall parking lots. Retail Sales Growth 3.8% 4.3% The second phase of McArthurGlen Group’s outlet mall near 12-Month Vancouver International Airport is tentatively set to open by the spring Regional Q2 17 Q2 18 Forecast of 2019 and will be 84,000 square feet (sf). A future third phase is Median Wage Rate $22.39 $26.58 planned, which will add another 65,000 sf. This outlet centre is the Labour Force Population 1.4% 1.6% number one sales performer in Canada with a reported $1,220 in Growth sales per square foot (psf) per annum, which also ranks it in third Unemployment Rate 5.1% 4.7% place in B.C. only behind Oakridge Centre at $1,579 psf and Pacific Source: Statistics Canada Centre at $1,531 psf. Source: International Council of Shopping Centres (ICSC) Shape Properties and HOOP (Healthcare of Ontario Pension Plan) Economy are redeveloping a 28-acre site in Burnaby, referred to as “The British Columbia’s economy, fueled in large part by a strong Amazing Brentwood”.
    [Show full text]
  • Port Mann/Highway 1 Improvement Project—PP Shows Status As of Summer 2010 • Project Construction Started August 2008
    • Total project cost $2.5 billion (Canadian) • Financed by tolls – about $3 each direction. • Total project length 37 km (McGill St in Vancouver to 216th in Langley) • The new Port Mann bridge – 10 lanes (existing bridge has 5 lanes). – Replaces the existing 45 year old bridge. – Includes Rapid Bus service from Langley to Burnaby SkyTrain. – Can accommodate installation of light rapid transit underneath the main deck at a future date. Source: “Port Mann Bridge Plans Unveiled Today,” CBC News, February 4, 2009. • Project website – http://www.pmh1project.com/ • Port Mann/Highway 1 Improvement Project—PP shows status as of Summer 2010 • Project construction started August 2008. • Port Mann Bridge to be operational by December 2012. • All of project complete by December 2013. North Approximate Vancouver project limits Coquitlam Vancouver Burnaby Port Mann YVR Richmond Surrey Langley All satellite images in PP from Google Maps Coquitlam side of bridge Surrey side of bridge • Three major parts – Cable-stayed main bridge across Fraser River. • Main span 470 m. • South span 190 m. • North span 190 m. – South approach • 350 m constructed using 327 precast sections with HMA road surface. – North approach • 820 m constructed using 831 precast sections also with an asphalt surface. Source: PMH1 newsletter—Summer 2010 • Designer: T.Y. Lin International • Materials – New bridge deck requires 25,000 tonnes of HMA – 28,000 tonnes of rebar – 13,000 tonnes of structural steel Source: PMH1 newsletter—Summer 2010 78 drilled shafts 2.5 m in 129 driven piles 1.8 m in 30 drilled shafts 2.5 m diameter with average diameter with average in diameter with depth = 53 m.
    [Show full text]
  • February 2015 Issue
    PAGE 1 JANUARY 2015 GrapeVine RIDGE MEADOWS SENIORS SOCIETY– MAPLE RIDGE & PITT MEADOWS February 2015 Issue Photo Maple Ridge Seniors Activity Centre Pitt Meadows Seniors Centre 12150 224th Street 19065 119B Ave Maple Ridge, BC V2X 3N8 Pitt Meadows, BC V3Y 0E6 604-467-4993 604-457-4771 RMSS- Maple Ridge, 12150 224th www.rmssseniors.orgStreet Maple Ridge BC V2X 3N8 Tel. (604)467-4993 Web: www.rmssseniors.org RMSS- Pitt Meadows, 19065 119B Ave Pitt Meadows BC V3Y 1XK Tel. (604)457-4771 PAGE 2 JANUARY 2015 BUS TRIPS Chinese New Year St Patrick's Day Parade & Pub Lunch February 22nd- $79 March 15 -$79 The exciting, fun-filled event The 11th Anniversary St. Patrick’s features lion dances, marching Day Parade draws people from all bands, parade floats, martial arts cultures, backgrounds, performances, cultural dance ages and all walks of life to this troupes, firecrackers, and more. colourful (very green) display of The parade includes over 3,000 fabulous sight and sounds. people from various cultural and community groups in Vancouver, Enjoy a traditional pub lunch at and also features the largest Steamworks Brew Pub in Gastown congregation of lion dance teams and visit the Celtic Village and Street in Canada. The colourful and ener- Market in Robson getic lions are just one of the many Square for a dizzying array of Celtic highlights of the parade each year treasures and the works of gifted attracting more than 50,000 s artisans. Friends and pectators annually. Experience families can gather and wander, authentic Chinese multi course soaking in that special Celtic feeling lunch at the very popular restau- with music, fun and frolic, food -- rant Peaceful Restaurant recently and shopping! featured on the Food Network's Pitt Meadows, 9:15am - 4:15pm.
    [Show full text]
  • Agenda Public Works and Transportation Committee MINUTES NEXT COMMITTEE MEETING DATE PRESENTATION PLANNING and DEVELOPMENT DIVIS
    Agenda Public Works and Transportation Committee Anderson Room, City Hall 6911 No. 3 Road Wednesday, March 21, 2018 4:00 p.m. Pg. # ITEM MINUTES PWT-5 Motion to adopt the minutes of the meeting of the Public Works and Transportation Committee held on February 21, 2018. NEXT COMMITTEE MEETING DATE April 18, 2018, (tentative date) at 4:00 p.m. in the Anderson Room PRESENTATION 1. Leo Chan, Vice President, Canadian High-Speed Rail Research Institute, to present on the Richmond-Chilliwack High Speed Rail proposal. PLANNING AND DEVELOPMENT DIVISION 2. TRANSLINK SOUTHWEST AREA TRANSPORT PLAN – FINAL PLAN (File Ref. No. 01-0154-04) (REDMS No. 5684886 v. 2; 5688976) PWT-81 See Page PWT-81 for full report Designated Speaker: Victor Wei PWT – 1 Public Works & Transportation Committee Agenda – Wednesday, March 21, 2018 Pg. # ITEM STAFF RECOMMENDATION (1) That TransLink’s Southwest Area Transport Plan, as attached to the report titled “TransLink Southwest Area Plan – Final Plan,” be endorsed for implementation; (2) That a copy of the report titled “TransLink Southwest Area Plan – Final Plan” be forwarded to the Richmond Council-School Board Liaison Committee for information; and (3) That Traffic Bylaw No. 5870, Amendment Bylaw No. 9816, to revise the posted speed limits on sections of Alderbridge Way and Garden City Road to support the planned transit improvements, be introduced and given first, second and third reading. 3. PUBLIC BIKE SHARE - PROPOSED PILOT PROJECT (File Ref. No. 10-6500-01) (REDMS No. 5754120 v. 4) PWT-113 See Page PWT-113 for full report Designated Speaker: Victor Wei STAFF RECOMMENDATION (1) That staff be directed to issue a Request for Proposals for the development and operation of a public bike share system as a pilot project, as described in the staff report dated February 28, 2018, from the Director, Transportation; and (2) That staff report back on the responses to the above Request for Proposals with further recommendations prior to the award of any contract(s) and implementation of the pilot program.
    [Show full text]
  • Alex Fraser Bridge Capacity Improvement Project
    p ALEX FRASER BRIDGE CAPACITY IMPROVEMENT PROJECT Date: Tuesday, February 20,2018 Time: 4:30 - 5:00 p.m. Location: Annacis Room Introduction: Steven Lan, Director of Engineering Presentation: Gerry Fleming, Project Manager South Coast Region Ministry of Transportation and Infrastructure Background Materials: • Memorandum from the Director of Engineering dated February 14, 2018 M M RANDUM City of Delta Engineering To: Mayor and Council From: Steven Lan, P.Eng., Director of Engineering Date: February 14, 2018 Subject: Council Workshop: Alex Fraser Bridge Capacity Improvement Project File No.: 5220-20/ALEX F CC: Ken Kuntz, Acting City Manager The Alex Fraser Bridge Capacity Improvement Project incorporates improvements to the Alex Fraser Bridge and Highway 91 including the introduction of counter-flow over the bridge to increase the capacity. Besides other improvements, an additional centre lane will be created that will provide for four lanes northbound and three lanes southbound during the morning commute and, four lanes southbound with three lanes northbound during the rest of the day. Staff from the South Coast Region of the Ministry of Transportation and Infrastructure will be presenting the project to Council on Tuesday, February 20,2018. An overview of the presentation is included (Attachment A) for Council's information. Please do not hesitate to contact me if you have further questions at 604-946-3299. ,-f{N~-----~ '~Steven Lan, P.Eng. Director of Engineering Attachment: A. Alex Fraser Bridge Capacity Improvement Project Overview GWB/bm -'-_'-___-.:-.:_..:....,._ ·-,o.:!.-..:·.:;·..:.:.:.::..=.::::.:...:= ~~~~~, ....l ' .. _.-- --.---:;; ~.- ..... -n-'- -~---;""'"" --.-..-::--: .'"tf': .~"-;;.~w:---~-:" Alex Fraser Bridge Capacity Improvement Project BRITISH COLUMBIA Project Overview February 201 -8 Gerry Fleming Project Ma nager -0» om :::::m CD () South Coast Region, Ministry of Transportation a nd Infrastruc ture ::::r ->'3 o CD -::l """-I»c..v ......
    [Show full text]
  • East-West Lower Mainland Routes
    Commercial Vehicle Safety and Enforcement EAST-WEST OVERHEIGHT CORRIDORS IN THE LOWER MAINLAND East-west Lower Mainland Routes for overall heights greater than 4.3 m up to 4.88 m Note that permits from the Provincial Permit Centre, including Form CVSE1010, are for travel on provincial roads. Transporters must contact individual municipalities for routing and authorizations within municipal jurisdictions. ROUTE A: TSAWWASSEN ↔ HOPE Map shows Route A Eastbound EASTBOUND Over 4.3 m: Tsawwassen Ferry Terminal, Highway 17, Highway 91 Connector, Nordel Way, Highway 91, Highway 10, Langley Bypass, Highway 1A (Fraser Highway), turn right on Highway 13 (264 Street), turn left on 8 Avenue (Vye Road), turn left on Highway 11 and enter Highway 1 (see * and **), continue on Highway 1 to Hope, Highway 5 (Coquihalla). * If over 4.5 m: Exit Highway 1 at No. 3 Road off-ramp (Exit # 104, located at ‘B’ on the map above), travel up and over and re-enter Highway 1 at No. 3 Road on-ramp; and ** If over 4.8 m: Exit Highway 1 at Lickman Road off-ramp (Exit # 116, located at ‘C’ on the map above), travel up and over and re-enter Highway 1 at Lickman Road on-ramp. WESTBOUND Over 4.3 m: Highway 5 (Coquihalla), Highway 1 (see ‡ and ‡‡), exit Highway 1 at Highway 11 (Exit # 92), turn left onto Highway 11 at first traffic light, turn right on 8 Avenue (Vye Road), turn right on Highway 13 (264 Street), turn left on Highway 1A (Fraser Highway), follow Langley Bypass, Highway 10, Highway 91, Nordel Way, Highway 91 Connector, Highway 17 to Tsawwassen Ferry Terminal.
    [Show full text]
  • Mayor and Council From
    City of Delta COUNCIL REPORT F.07 Regular Meeting To: Mayor and Council From: Corporate Services Department Date: February 21, 2018 George Massey Tunnel Replacement Project Update The following recommendations have been endorsed by the Acting City Manager. • RECOMMENDATION: THAT copies of this report be provided to: • Honourable Marc Garneau, Minister of Transport • Honourable Carla Qualtrough, Member of Parliament for Delta • Chief Bryce Williams, Tsawwassen First Nation • Honourable Claire Trevena, Minister of Transportation & Infrastructure • Ravi Kahlon, MLA Delta-North • Ian Paton, MLA Delta-South • Metro Vancouver Board of Directors • Mayors' Council on Regional Transportation • PURPOSE: The purpose of this report is to provide an update on some of the key issues related to the George Massey Tunnel Replacement Project (GMTRP), particularly in light of the Province's recent announcement regarding the Pattullo Bridge, and to provide a consolidated summary for Council's information. • BACKGROUND: On February 16, 2018, the BC government announced that it is moving forward with the construction of a $1.38 billion bridge to replace the Pattullo Bridge. This raises some questions regarding the George Massey Tunnel Replacement Project, which has been on a five-month hiatus since the Province announced last September that it was undertaking an independent technical review of the crossing. Both projects are badly needed; however, unlike the Pattullo project which is only part-way through the environmental assessment process, the tunnel replacement project is shovel-ready, has received its environmental assessment certificate and has completed the bidding process. Furthermore, in terms of both vehicular and transit traffic, the George Massey Tunnel carries Page 2 of 5 GMTRP Update February 21 , 2018 significantly higher volumes than the Pattullo Bridge (Attachments 'A' and 'B' show the volumes for all the Fraser River crossings).
    [Show full text]
  • Seismic Design of Bridges in British Columbia: Ten-Year Review
    SEISMIC DESIGN OF BRIDGES IN BRITISH COLUMBIA: TEN-YEAR REVIEW Jamie McINTYRE Structural Engineer, Hatch Mott MacDonald, Vancouver Canada [email protected] Marc GÉRIN Consultant, Ottawa Canada [email protected] Casey LEGGETT Structural Engineer, Hatch Mott MacDonald, Vancouver Canada [email protected] ABSTRACT: Seismic design of bridges in British Columbia has evolved significantly in the last ten years. Developments have comprised three major changes in seismic design practice: (1) improved understanding of seismic hazard—including raising the design earthquake from a 475-year return period to 2475-year return period and better knowledge of the contribution of the nearby Cascadia subduction zone; (2) a shift to a performance-based design philosophy with emphasis on improved post-earthquake performance—including multiple service and damage objectives for multiple levels of ground motions; and (3) increased sophistication of seismic analyses—including both inertial analyses and analyses for liquefaction hazards. The result of these changes should be bridges that perform better and remain functional post-earthquake. These changes are expected to encourage alternatives to the traditional use of column plastic hinging, such as base-isolation. Over the last ten years, base-isolation has been used on few bridges in British Columbia—primarily retrofits of existing structures; however, given its ability to preserve post-earthquake functionality, base-isolation should be a serious consideration for any project. 1. Introduction – Evolution of Seismic Design Practice Seismic design of bridges in British Columbia has evolved significantly in the last ten years, going from a bridge design code using outdated principles to a state of the art new code that implements performance- based design.
    [Show full text]
  • Water Committee Agenda
    METRO VANCOUVER REGIONAL DISTRICT WATER COMMITTEE REGULAR MEETING April 15, 2021 9:00 am 28th Floor Boardroom, 4730 Kingsway, Burnaby, British Columbia A G E N D A1 1. ADOPTION OF THE AGENDA 1.1 April 15, 2021 Regular Meeting Agenda That the Water Committee adopt the agenda for its regular meeting scheduled for April 15, 2021 as circulated. 2. ADOPTION OF THE MINUTES 2.1 March 11, 2021 Regular Meeting Minutes That the Water Committee adopt the minutes of its regular meeting held March 11, 2021 as circulated. 3. DELEGATIONS 4. INVITED PRESENTATIONS 5. REPORTS FROM COMMITTEE OR STAFF 5.1 Water Services Capital Program Expenditure Update to December 31, 2020 That the Water Committee receive for information the report dated March 18, 2021, titled “Water Services Capital Program Expenditure Update to December 31, 2020”. 5.2 GVWD 2020 Water Quality Annual Report That the GVWD Board receive for information the report dated April 1, 2021, titled “GVWD 2020 Water Quality Annual Report”. 1 Note: Recommendation is shown under each item, where applicable. April 8, 2021 Water Committee Water Committee Regular Agenda April 15, 2021 Agenda Page 2 of 3 5.3 Seymour Salmonid Society’s 2020 Annual Report for Greater Vancouver Water District That the GVWD Board receive for information the report dated April 1, 2021, titled “Seymour Salmonid Society’s 2020 Annual Report for Greater Vancouver Water District“. 5.4 Watering Regulations Communications and Regional Water Conservation Campaign for 2021 That the Water Committee receive for information the report dated March 9, 2021, titled “Watering Regulations Communications and Regional Water Conservation Campaign for 2021”.
    [Show full text]
  • 10472 Scott Road, Surrey, BC
    FOR SALE 10472 Scott Road, Surrey, BC 3.68 ACRE INDUSTRIAL DEVELOPMENT PROPERTY WITH DIRECT ACCESS TO THE SOUTH FRASER PERIMETER ROAD PATULLO BRIDGE KING GEORGE BOULEVARD SOUTH FRASER PERIMETER ROAD (HIGHWAY #17) 10472 SCOTT ROAD TANNERY ROAD SCOTT ROAD 104 AVENUE Location The subject property is located on the corner of Scott Road and 104 Avenue, situated in the South Westminster area of Surrey, British Columbia. This location benefits from direct access to the South Fraser Perimeter Road (Highway #17) which connects to all locations in Metro Vancouver via Highways 1, 91, and 99. The location also provides convenient access south to the U.S. border, which is a 45 minute drive away via the SFPR and either Highway 1 or Highway 91. The property is surrounded by a variety of restaurants and neighbours, such as Williams Machinery, BA Robinson, Frito Lay, Lordco, Texcan and the Home Depot. SCOTT ROAD Opportunity A rare opportunity to acquire a large corner Scott Road frontage property that has been preloaded and has a development permit at third reading for a 69,400 SF warehouse. 104 AVENUE Buntzen Lake Capilano Lake West Vancouver rm A n ia North d n I 99 Vancouver BC RAIL Pitt Lake 1 Harrison Lake Bridge Lions Gate Ir o Port Moody n 99 W o PORT METRO r VANCOUVER Burrard Inlet k e r s M e m o r i a l B C.P.R. English Bay r i d g e 7A Stave Lake Port Coquitlam Vancouver Maple Ridge 7 Key Features CP INTERMODAL Coquitlam 7 1 7 9 Burnaby Pitt 7 Meadows 7 VANCOUVER P o r t M a C.P.R.
    [Show full text]
  • Canada-2013-Finalists.Pdf
    TRADITIONAL MARKETING ADVERTISING Centres 150,000 to 400,000 sq. ft. of total retail space Identity Crisis Rescued 10 Dundas East Toronto, Ontario Management Company: Bentall Kennedy (Canada) LP Owner: 10 Dundas Street Ltd. One World in the Heart of Your Community Jane Finch Mall Toronto, Ontario Management Company: Arcturus Realty Corporation Owner: Brad-Jay Investments Limited At the Heart of the Community Les Galeries de Hull Gatineau, Quebec Management Company/Owner: Ivanhoe Cambridge Here’s to the Best Things in Life Lynden Park Mall Brantford, Ontario Management Company/Owner: Ivanhoe Cambridge Must Visit MEC Montreal Eaton Centre Montreal, Quebec Management Company/Owner: Ivanhoe Cambridge Centres 400,000 to 750,000 sq. ft. of total retail space Break Out Your Style Cornwall Centre Regina, Saskatchewan Management Company: 20 Vic Management Inc. Owner: Kingsett Capital & Ontario Pension Board The Really Runway Dufferin Mall Toronto, Ontario Management Company: Primaris Management Inc. Owner: H&R Reit Les Rivieres: Inspired by Trends Les Rivières Shopping Centre Trois-Rivières, Quebec Management Company: Ivanhoe Cambridge Owner: Ivanhoe Cambridge & Sears Canada Medicine Hat Mall Motherload Medicine Hat Mall Medicine Hat, Alberta Management Company: Primaris Management Inc. Owner: H & R Reit Crate&Barrel | OAKRIDGE · SINCE MARCH 21, 2013 Oakridge Centre Vancouver, British Columbia Management Company/Owner: Ivanhoe Cambridge Wahoo! Uptown Victoria, British Columbia Management Company: Morguard Investments Limited Owner: Greystone Centres 750,000 to 1,000,000 sq. ft. of total retail space Entrepôts de Marques - Brand Factory Marché Central Montréal, Québec Management Company: Bentall Kennedy (Canada) LP Owner: bcIMC Realty Corporation The World Of Fashion In 200 Stores Place Rosemère Rosemère, Québec Management Company: Morguard Investments Limited Owner: Rosemère Centre Properties Limited An Independent Style Southcentre Calgary, Alberta Management Company /Owner: Oxford Properties Group St.
    [Show full text]
  • Pattullo Bridge Replacement
    L P PATTULLO BRIDGE REPLACEMENT Date: Monday, July 15, 2013 Location: Annacis Room Time: 4:15 - 4:45 pm Presentation: Steven Lan, Director of Engineering Background Materials: Memorandum from the Director of Engineering dated July 9, 2013. i. MEMORANDUM The Corporation of Delta Engineering To: Mayor and Council From: Steven Lan, P.Eng., Director of Engineerin g Date: July 9, 201 3 Subject: Council Workshop: Pattullo Bri dge Replacement File No.: 1220·20/PATT CC: George V. Harvi e, Chief Administrative Officer TransLink recently completed the initial round of public consultation sessions in New Westminster and Surrey to solicit feedback from the public on the Pattullo Bridge. A number of alternative crossings were developed for three possible corridors: 1. Existing Pattullo Bridge Corridor 2. Sapperton Bar Corridor • New crossing located east of the existing Pattullo Bridge that would provide a more direct connection between Surrey and Coquitlam 3. Tree Island Corridor • New crossing located west of the existing Pattullo Bridge that would essentially function as an alternative to the Queensborough Bridge Based on the initial screening work that has been undertaken, six alternatives have been identified for further consideration: 1. Pattullo Bridge Corridor - Rehabilitated Bridge (3 lanes) 2. Pattullo Bridge Corridor - Rehabilitated Bridge (4 lanes) 3. Pattullo Bridge Corridor - New Bridge (4 lanes) 4. Pattullo Bridge Corridor - New Bridge (5 lanes) 5. Pattullo Bridge Corridor - New Bridge (6 lanes) 6. Sapperton Bar Corridor - New Bridge (4 lanes) coupled with Rehabilitated Pattullo Bridge (2-3 lanes) Options involving a new bridge are based on the implementation of user based charges (tolls) to help pay for the bridge upgrades.
    [Show full text]