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Expect delays but no cut-cover in construction of new Broadway subway line

Expect delays but no cut-cover in construction of new Broadway subway line
bc.ctvnews.ca - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bc.ctvnews.ca Daily Mail and Mail on Sunday newspapers.

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Major construction now officially underway on $2.8-billion Broadway Subway


The subway is a continuous westward extension of the existing Millennium Line from VCC-Clark Station to a new terminus station at Arbutus Street. Six underground stations will be built along the 5.7-km-long route, including a major interchange hub to the Canada Line at Broadway-City Hall Station.
“This is an exciting milestone for a critical infrastructure project that will transform the way people travel in and around the Broadway corridor and create good-paying jobs to support BC’s economic recovery,” said Rob Fleming, BC Minster of Transportation and Infrastructure, in a statement.
“Investments in public transit infrastructure are crucial to improving commute times, reducing carbon pollution and laying the foundation for strong economic growth.” ....

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CPABC: Major projects in Southwest B.C. increase despite pandemic, while housing starts down by nearly one quarter in 2020


VANCOUVER, British Columbia, Feb. 19, 2021 (GLOBE NEWSWIRE) According to
BC Check-Up: Invest, an annual report by the Chartered Professional Accountants of British Columbia (CPABC) on investment trends across the province, the number of housing units that began construction in Southwest B.C. fell by 21.7 per cent in 2020 compared to the number started in 2019.
“The COVID-19 pandemic caused great uncertainty for investors across the province, including in Southwest B.C.’s typically robust housing market. Throughout 2020, nearly 6,800 fewer housing units began construction compared to the previous year,” said Lori Mathison, FCPA, FCGA, LLB, president and CEO of CPABC. “With recent residential price increases due to excess demand, this does not bode well for the affordability crisis in the region going forward. However, the situation has improved in recent quarters.” ....

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