Posted May 10, 2026, 12:12 AM
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Registered User
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Join Date: Dec 2015
Posts: 15,469
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I assume no one has any money so the any way this happens is partnering with a private developer or getting federal money.
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VCC is advancing a major redevelopment of its Broadway Campus to create a modern education hub integrated with a large, transit-oriented residential community. This redevelopment is designed as a self-funded financial model that combines academic renewal, Indigenous placemaking, housing delivery, and climate infrastructure. In parallel, further development of the Downtown Campus will generate a long-term financial endowment, positioning the College to remain financially sustainable well into the future without increasing reliance on provincial capital funding.
VCC is currently constructing the Centre for Clean Energy and Automotive Innovation (CCEAI), which is scheduled to be opened in 2027. Future phases of the Broadway Campus redevelopment include the construction of an additional academic building and approximately 2,000 housing units, comprising a mix of social, affordable, below-market, and market housing. Construction of these phases is expected to be completed by 2033. In addition to addressing urgent housing needs, this development will significantly increase density in a SkyTrain-adjacent location, supporting transit-oriented growth and long-term community stability without displacement of existing residents or disruptions to small businesses.
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Quote:
The financial viability of the Broadway Campus redevelopment is enabled through a land value capture model that leverages VCC land. The plan includes six residential towers, one of which is integrated directly into an academic building. Revenue generated through this development will fully fund the construction of academic infrastructure, including the proposed second academic building, without requiring direct provincial capital investment. Independent financial modeling conducted by Avison Young confirms the market viability of this approach. The total value of the project is estimated to exceed $1.5 billion, inclusive of academic facilities.
Further financial sustainability is created through development opportunities at VCC’s Downtown Campus. The site has the potential to accommodate up to 800,000 square feet of commercial space, which is projected to generate an endowment in the order of $300 million. Together, the Broadway and Downtown Campus initiatives demonstrate how public post-secondary land can be leveraged to deliver housing, climate infrastructure, and modern learning facilities while securing long-term financial stability for the institution.
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https://www.vcc.ca/media/vancouver-commu...ry-sector-sustainability-review-2026.pdf
For anyone that missed it earlier in this thread:
https://www.avisonyoung.ca/viewpoints/fall-2025/reimagining-a-campus
https://www.urbanstrategies.com/project/...e,the%20Coast%20Salish%20First%20Nations.
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