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-   -   City of Vancouver buys Arbutus Corridor for $55 million (https://www.revscene.net/forums/707958-city-vancouver-buys-arbutus-corridor-%2455-million.html)

Presto 03-07-2016 11:15 AM

City of Vancouver buys Arbutus Corridor for $55 million
 
Quote:

VANCOUVER – A long-running dispute between the City of Vancouver and Canadian Pacific Railway (TSX:CP) over an old rail corridor has been settled.

The city has agreed to pay $55 million for the railway route, which stretches nine kilometres and consists of almost 17 hectares of open space.

Mayor Gregor Robertson says the agreement means the city will be able to transform the area into a greenway that connects neighbourhoods from False Creek near downtown to Marpole on the south side.

Residents have been growing gardens and planting trees on the land for over a decade.

Talks on the sale had broken off, and in 2014 the city said CP planned to start clearing the Arbutus corridor for railway use again.

The city says the deal ends four years of negotiation and means residents can continue to use the corridor as a walking and cycling route.
Good deal? It better be strict on the public access. I foresee residents staking out there own territory.

melloman 03-07-2016 11:41 AM

^^I'm sure the city will be quick to plot out the "community gardens" so residents can't just go out and do their thing.. That and hey, if the residents do go stake their own shit, City will just hand out fines and demolish whatever is in the way. :thumbsup:

GLOW 03-07-2016 12:06 PM

inb4 9 km long double wide bike lane :troll:

good on the city if they are creating community gardens and such. gl trying to boot people that laid claim to free land though. instead of battling CP it'll be CoV :ilied:

Timpo 03-07-2016 12:10 PM

ok so what are they gonna use it for?

Timpo 03-07-2016 12:11 PM

ok so I didn't know what Arbutus Corridor was, and according to Google...ummm it's like a railway??

http://img.src.ca/2014/08/15/635x357...uver_sn635.jpg
http://www.cbc.ca/polopoly_fs/1.2637...s-corridor.jpg

Spoon 03-07-2016 12:19 PM

Quote:

The city says the deal ends four years of negotiation and means residents can continue to use the corridor as a walking and cycling route.
Of course.

Devastator 03-07-2016 12:20 PM

City should build a 9 km long townhouse complex along with community gardens, cycling route and outdoor space and sell it to canadian citizens only.

nabs 03-07-2016 12:22 PM

They will eventually be sold to developers for more shitty condos.

Ikkaku 03-07-2016 05:29 PM

sweeeeet.. now I don't have to fear being stuck at the train track waiting for it to pass, while needing to take the shit of a lifetime

tiger_handheld 03-07-2016 07:50 PM

If the city was smart, they would bring the Bombardier train back into this rail line and just service it with a few stops. OR get rid of all bike lanes that go North / South and have everyone use this route.

Nlkko 03-07-2016 09:43 PM

Wow only 55 mil for all that.

StylinRed 03-08-2016 02:51 AM

they should use it for transit... a tram + bike/walking lanes over top the tram, and a road for cars too

but of course the city would never do that

asian_XL 03-08-2016 03:48 AM

Quote:

Originally Posted by Nlkko (Post 8735204)
Wow only 55 mil for all that.

or Erin Andrews nude video? BrokeBack

ancient_510 03-08-2016 12:32 PM

Quote:

Originally Posted by StylinRed (Post 8735253)
they should use it for transit... a tram + bike/walking lanes over top the tram, and a road for cars too

but of course the city would never do that

CP shouldn't have sold and instead pulled a "Blue Bus" and put in passenger service light rail that accepts Compass.

Route could have followed the (almost complete) right of way from Main Street SkyTrain, to Olympic Village Canada Line, to Granville Island, over to Arbutus, down to the Fraser, along south Burnaby, into New West, terminating at Columbia SkyTrain.

If Richmond Olympic Oval hadn't messed it up, you could have even had a spur line all the way to Steveston.

The obvious issue is one track two directions. Could probably have been solved with rigorous scheduling, traffic control, and switching. Construct several passing points en-route too.

Timpo 03-08-2016 05:20 PM

Quote:

Originally Posted by Devastator (Post 8734986)
City should build a 9 km long townhouse complex along with community gardens, cycling route and outdoor space and sell it to canadian citizens only.

holy fuck $55 million for 9kms?

That's $6.1 million/km
which is $1 million/163.9m

How wide are those railways?
It actually doesn't seem like a bad deal at all for that area.

Jmac 03-08-2016 05:58 PM

Quote:

Originally Posted by Timpo (Post 8735517)
holy fuck $55 million for 9kms?

That's $6.1 million/km
which is $1 million/163.9m

How wide are those railways?
It actually doesn't seem like a bad deal at all for that area.

0.17 km^2 / 9 km = 0.0189 km (18.9 m) on average.

Timpo 03-09-2016 10:50 AM

Quote:

Originally Posted by Jmac (Post 8735525)
0.17 km^2 / 9 km = 0.0189 km (18.9 m) on average.

ok so...

18.9m(width) x 163.9m(length) = 3,097.71 sq.m
3,097.71 sq.m =33,343.47 sq.ft

So the City of Vancouver bought, on average, 33,343 sq.ft of land for $1,000,000?

Seems like a steal :eek:

Hondaracer 03-09-2016 11:15 AM

It is, however the width of the property is pretty prohibitive

ancient_510 03-09-2016 02:33 PM

Quote:

Originally Posted by Hondaracer (Post 8735831)
It is, however the width of the property is pretty prohibitive

The typical Vancouver lot is 33 ft wide by 120 ft deep.
18.9m = 62 ft.

Turn the typical frontage 90°. I don't see the issue here.

Gnomes 03-09-2016 05:11 PM

CPR will also get 75% of 1st 50mil, 50% of 2nd 50mil, and 30% of 3rd 50mil if COV sells it. That is 37.5mil + 25mil + 15mil = potentially additional 77.5mil (if city sells land for >150mil)

Digitalis 03-09-2016 05:14 PM

So if they built they canada line on the railway we wouldn't of had to deal with 3 years of construction screwing up the cambie corridor?

snowball 03-09-2016 06:42 PM

Quote:

Originally Posted by Digitalis (Post 8735953)
So if they built they canada line on the railway we wouldn't of had to deal with 3 years of construction screwing up the cambie corridor?

Except it wouldn't make sense to put a transit stops on Arbutus when most of the public transit customers live no where near it.

GLOW 03-09-2016 07:13 PM

Quote:

Originally Posted by Gatorade (Post 8735988)
Except it wouldn't make sense to put a transit stops on Arbutus when most of the public transit customers live no where near it.

doesn't stop the city from taking out driving lanes and putting in bike lanes when most of the people would use the driving lane (car or bus) KappaPride


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