Quote:
Originally Posted by djh
Does anybody else know more about this rumour?
I was talking to a retailer on that block (Broadway, between Cambie and Yukon). They said everybody on the south side of the road will be moving out by Spring 2019 as "the whole block is being redeveloped".
Now normally I would have taken this with a pinch of salt. But currently at least 1large retailer there has a "Moving Out" sale going on (and that shop up until recently had been renovating, so it looked like they planned to be long-term tenants).
Just under half of that block is a city-owned office building that is pretty aged, poorly-maintained, and has a sorry state of retailers occupying the ground floor. There is also the Cambie/Broadway SkyTrain station on the extreme west corner of the block.
I can see the potential for this block to be redeveloped to incorporate the Millennium Line intersection, a mixed-use development, and ground-floor retailers. But as of yet, I've not seen anything official. It's a very high-profile junction with major foot traffic.
Maybe there is some weight in this rumour. Anybody have hard facts?
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I think the city owns the whole block, and the site is a rumoured to be a future "civic campus". (You know, to house every possible SJW-worthy group they can think of, paid for by some yet-unknown new tax.)
I wouldn't expect much though, given the view cone restrictions in the area, both toward and away from city hell. Hall, sorry.