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Originally Posted by MovieBuff
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The bigger takeaway from the article was the future of the Centre Block:
“He wants to see greater density of office space, particularly on a former recreation centre site known as Centre Block. The site, owned by the city and Simon Fraser University, is adjacent to the City Centre SkyTrain station, and has development potential for two million square feet of space.
The SCDC completed a master plan last year and is submitting for rezoning this year. It will be one of the corporation’s final projects. The city announced in June it would dissolve the SCDC and transition real estate assets and operations to the city.
Heeney believes the key to Centre Block’s success will be a major tenant, such as offices for senior government, which typically requires 10s of thousands of square feet of space, or more.
“One of my big pushes before I depart, is to try and get as much momentum as I possibly can for this project,” he said. “The challenge is generating an order of magnitude of adjacent office development, to really tip the balance, and create that critical mass for a central business district — that’s the big challenge.””