Port Of Vancouver Releases New Plans For Critical Waterfront Lots

Dated: October 16 2015

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The Port of Vancouver has released a plan to redevelop 10 acres of its Terminal 1 waterfront property.


Many of the details are still unclear, but the unanimous approval from commissioners comes as public skepticism over its relationship to an adjacent waterfront project is still fresh, reports The Columbian.


Port officials have released a new proposal for a mix of uses on Vancouver's waterfront.Enlarge

Port officials have released a new proposal for a mix of uses on Vancouver's waterfront.


The port has altered its proposed plan for Terminal 1, which includes a Red Lion Hotel Vancouver at the Quay slated for shuttering. The revisions provide flexibility in the kinds of buildings and amenities allowed at the site.


Port officials maintain that the mix of hotel, office, retail, residential, dock and open space planned for Terminal 1 reflects extensive public input, according to The Columbian. Additionally, it complements the city’s vision for the waterfront and downtown, along with the adjacent project from Gramor Development, a $1.3 billion, 32-acre redevelopment of formerly industrial land.


Despite the port officials claims, Matt Grady, a vice president with Gramor Development, urged port commissioners to expand the public amenities slated for Terminal 1 so it does not resemble so closely the private developer’s project.


He encouraged a greater variety of public amenities at the Terminal 1 site, including an aquarium or maritime research facility, according to The Columbian.


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Mark Ross

For Mark Ross, founder of Ross NW Real Estate and professional real estate broker, real estate has always been the career of choice. During his 25+ years in the industry, Mark has gained experience in....

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