A proposal to transform an auto lot in South Vancouver into a transit-oriented hub with multi – level industrial, secured rental housing, and community amenities including a 2-acre park and daycare/senior’s facility in partnership with Marpole Oakridge Family Place.
The Project
PCI Developments is proposing to transform an under-utilized auto lot next to the Marine Drive Station and South Vancouver Bus Exchange into a transit-oriented hub with multi – level industrial, secured rental housing (market and below-market), and community amenities including a 2 acre park and daycare/senior’s facility in partnership with Marpole Oakridge Family Place.
The project would be directly connected to PCI Developments’ global award-winning Marine Gateway development and existing rapid and bus transit infrastructure.
More industrial space
Marine Gateway Phase 2 will help relieve pressure on the limited amount of industrial space in the region by creating an additional 400,000 sq. ft. of multi – level industrial space in Vancouver — a ninefold increase to what currently exists at the site.
Over 1,400 new rental homes
The project would create over 1,400 rental homes including 20% below-market households.
From parking lot to transit hub
With a direct connection to the Marine Drive Canada Line station, Marine Gateway Phase 2 would help optimize government investment in public transit by providing a significant and much-needed boost to post-pandemic ridership.
By following leading sustainability standards for construction and leveraging energy production synergies with the existing Marine Gateway complex, the project will catalyze economic activity while minimizing carbon emissions.
Supporting local and regional priorities
Marine Gateway Phase 2 supports several local and regional plans, including:
- Provincial Policy Manual: Transit-Oriented Areas (Province of British Columbia)
- Metro 2050: Regional Growth Strategy (Metro Vancouver)
- Marpole Community Plan (City of Vancouver)
- Marine Landing Policy Updates (City of Vancouver)
Location
The project site is located at 8530 Cambie street and would be directly connected to the existing Marine Gateway complex, Marine Drive Station and South Vancouver Bus Exchange. The site is a 5-minute drive from Vancouver’s International Airport and a 30-minute drive from two international ports.
Timeline
A rezoning application will be submitted to the City of Vancouver. Once approved, construction for the project is estimated to be complete within four years.
Industrial space is needed now in Vancouver more than ever. We are sitting at historically low vacancy rates, the lowest in North America. So the innovation behind Marine Gateway Phase 2’s stacked industrial space and the location make this a perfect project for Vancouver.
Chris MacCauley
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