Real Estate
As Metro Vancouver’s transportation authority, TransLink holds land assets and rights throughout our region.
TransLink’s Real Estate division is responsible for acquiring, managing, and disposing of the enterprise’s properties in a manner that optimizes revenue, reduces capital and operating costs, and furthers our long-term goals for transportation infrastructure, sustainability, and a healthy environment.
The Real Estate division at TransLink oversees the following:
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Land acquisition for transit infrastructure development including expropriations
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Lease and tenant management
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Property and asset management
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Statutory Right of Way (SRW) management and enforcement
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Disposal of surplus properties
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Acquisition of strategic real estate assets
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Integrated developments
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Adjacent developments
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Portfolio management and strategy
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Station retail management
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Park and Ride facilities management
Retail Opportunities
Whether you’re looking to start a new business or find opportunities to expand your current business venture, our retail spaces will get you front and center with transit riders at high traffic urban hubs. Fill out the form below to find out how to partner with us and join some of the most recognized retailers on our transit network.
Real Estate Development Program
Transport 2050, the region’s new 30-year transportation strategy, will reshape how people move across Metro Vancouver, and create a more equitable and sustainable place to live.
The plan requires historic investments in transit services to meet the needs of the region’s rapidly growing population and increasing demand for sustainable transportation. To address these challenges and ease the burden on taxpayers, TransLink’s real estate division is actively exploring diverse sources of new revenue through its portfolio of land assets.
The development of TransLink-owned lands has been identified as a new source of non-fare and non-taxation revenue. Through the 2022 Investment Plan, TransLink’s Board of Directors and Mayors’ Council endorsed the pursuit of real estate development activities on these properties to:
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Generate new revenue to support transit investment;
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Enhance transit network connections and overall customer experience; and
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Support the Regional Growth Strategy, which may include rental and affordable housing supply near transit.
Proposed Moodyville Development
TransLink is proposing to build a new mixed-use development at 502-536 East 3rd Street in North Vancouver, located in the heart of the Moodyville neighbourhood. Our vision is to create a walkable neighbourhood hub with animated ground floor retail, vibrant outdoor public plaza space, and secured rental housing. Not only will the development deliver more housing and vibrant public spaces for the community, but it is also situated next to TransLink’s R2 RapidBus route, seamlessly connecting people to the Lonsdale Quay SeaBus Terminal and beyond.
Learn more about the proposed Moodyville Development hereWest Broadway and Arbutus Development
TransLink and PCI Developments (PCI) are partnering to build a mixed-use development in Kitsilano near the future Arbutus SkyTrain Station, at West Broadway and Arbutus.
This proposed development will be located next to the future terminus of the Broadway Subway, an incoming bus loop, and the Arbutus Greenway mixed-use walking and cycling path. It will improve people’s access to sustainable transportation options, generate new long-term funding for transit services, and provide much-needed housing options in the neighbourhood.
The transit-oriented mixed-use development will feature:
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A 30-storey mixed-use rental residential and commercial development.
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Street-level retail and over 200 residential rental units – 20 per cent of which will be rented below market and secured for moderate income households.
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Community space that will serve as the future home of the Ohel Ya’akov Community Kollel, a Jewish cultural, education and neighbourhood centre.
For more information, please visit pcibroadwayarbutus.com.
Adjacent and Integrated Developments
In recent years, there has been an increase in high-density and mixed-use real estate developments near key transit stops and stations in Metro Vancouver.
TransLink fully supports the development of transit-oriented communities, which encourage people to drive less and promote walking, cycling, and taking transit.
Are you a developer planning a real estate project near a transit stop or station? Do you wish to integrate your development with TransLink's assets? Is your project adjacent to transit infrastructure? If so, please explore the sections below or email us today at aidreview@translink.ca.
Key Considerations
Developers and project owners interested in building in proximity to transit infrastructure, or integrating into any transit assets, will require TransLink's acceptance.
Our review and acceptance generally extend 10 metres or more from transit infrastructure. This applies to, but not limited to:
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Any work that would impinge upon the transit statutory right of way and/or transit operations
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Crane swings
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Soil anchors and underpinning
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Potential settlement from development and site preparations, such as preloading, dewatering and densification
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Shoring
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Structures with opening windows above and next to the guideway or station
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Vibration from neighbouring development
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Construction debris
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Hazardous materials
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Any form of physical connection to the transit infrastructure or relocation of transit infrastructure or connections
Learn more about our SkyTrain Limits of Approach
Our Review Process
Developments and constructions near transit infrastructure are subject to our review and may require to go through the Adjacent and Integrated Developments (AID) Consent Process.
Here’s what to expect from our process:
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The developer or project owner presents a project overview to TransLink
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TransLink issues and executes a Support Agreement
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Developer or project owner provides a letter of credit for TransLink costs
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TransLink conducts detailed project review
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TransLink and the developer or project owner agree to mitigation and/or monitoring plan
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Detailed AID agreement(s) is drafted and executed
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Ongoing project monitoring and due diligence until the project is complete
As part of the project review and acceptance process, the developer or project owner and TransLink will enter into a support agreement, which outlines the terms and conditions through which TransLink would work with the developer or project owner to assess potential interfaces and impacts of the project to transit infrastructure. See our sample Support Agreement.
The final agreements will be tailored to suit project-specific conditions and requirements. Projects requiring the use of crane equipment will need to enter into a Crane Overswing Agreement with TransLink if the crane swing passes over the air space of transit facilities, infrastructure, or operations. See our sample Crane Overswing Agreement.
How to Apply
AID Request Form
If your proposed project is in proximity to TransLink’s infrastructure or would integrate into any transit assets, please complete the AID Request Form.
You can also learn more by reviewing our Guide for Project Owners.
Working Near Trolley Overhead Lines
We aim to ensure a safe, cost-effective, and reliable transit network. In recent years, we have seen an increase in development near trolley overhead (TOH) infrastructure. The TOH Adjacent Works Program responds to requests for building near TOH lines, using proven construction and management standards for third-party projects near TOH infrastructure.
These standards ensure that all construction activity is safe for our customers, employees, and the transit system. It also ensures that any costs for repairs caused by damages due to unsafe construction practices are not passed on to TransLink and taxpayers.
TOH Request Form
If your project is located around trolley overhead infrastructure, please complete the TOH Request Form, or contact us at tohreview@translink.ca for more information.