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Cardero's kind of a nothingburger - such a compromise means that both stations would be a 2-3 block walk to anything people actually want to go to.
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So? What is important is where the stations are. Cardero is the best because it's the best alignment if you don't want to dig under a bunch of buildings to make a curve. The stations are both in the centre of their areas, and keep in mind that most people going to the West End are going to residences, and since the density is pretty even around there, the best location is in the centre. Going to English Bay Beach is longer and more expensive and has a reduced walkshed.
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- English Bay's a dead end. If this one's going to tie into a second line coming in from Stanley Park and the First Narrows, by all means, but if it's on its own then it needs to serve the whole region.
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Actually it would allow for it to continue across False Creek/English Bay in the future. Not really a dead end. Extending the Expo Line to West Van is just a weird idea because there's barely any density there to justify it. It makes way more sense to have a second narrows alignment to serve the north shore.
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- Service to Waterfront gets cut in half. That probably makes it DOA
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Again, frequencies are so high, and will only get higher, that this isn't much of an issue. This is especially less of an issue once a north shore line would go in. Waterfront is the last station in the line, so it's not like all of downtown is getting reduced service.