TransLink breaks ground on landmark real estate development initiative

Broadway-Arbutus development marks launch of innovative new model to generate long-term revenue for transit

VANCOUVER, BC - TransLink and PCI Developments (PCI) have officially broken ground on a new mixed-use development at West Broadway and Arbutus, marking the beginning of construction on the first project under TransLink's Real Estate Development Program.

As successfully implemented by other transportation agencies around the world, this project represents a significant step for TransLink as it begins unlocking the value of transit-oriented development. By generating transit revenues through development, TransLink is modernizing its approach to funding transit - creating a sustainable source of revenue to reinvest into Metro Vancouver's transit system.

Instead of selling valuable land near transit, TransLink is taking a long-term approach by partnering with experienced developers to build complete, connected communities while maintaining an ongoing interest in the value created. This allows transit investments to continue benefiting from the land surrounding the system for generations to come.

"Today's groundbreaking is a historic milestone for TransLink," says TransLink CEO Kevin Quinn. "Some of the world's most successful transit agencies have shown what is possible when transit development and community building go hand in hand. We are bringing that innovative approach to Metro Vancouver by building homes and businesses around transit, while creating a new long-term revenue stream that can be reinvested into our transportation system."

Situated directly across from the future Arbutus Station and alongside the Arbutus Greenway, the development will bring housing, businesses, community amenities, and sustainable transportation together in one connected location.

Developed through a partnership between TransLink and PCI Developments, the Broadway-Arbutus project will include:

• A 31-storey mixed-use residential and commercial development
• 256 rental homes, including 47 below-market suites
• Over 5,200 square feet of ground-floor retail space
• Over 9,800 square feet of community space for the Ohel Ya'akov Community Kollel
• A public plaza integrated with the Arbutus Greenway and future Arbutus Station

As Metro Vancouver continues to grow, connecting housing and transportation solutions will be essential to building a more sustainable region. Projects like Broadway-Arbutus demonstrate how transit-oriented development can help create complete communities where people can live, work and access reliable transportation, while making the most of land already connected to the transit system. Construction is expected to be completed in 2029.

The development aligns with the City of Vancouver's Broadway Plan and supports the goals of Transport 2050 and Metro 2050 by bringing housing, jobs, community amenities, and transportation options together.

Quick facts

• The Broadway-Arbutus development is the first project under TransLink's Real Estate Development Program.
• Construction began in summer 2026 and is expected to be completed in 2029.
• The project is located at the southeast corner of West Broadway and Arbutus Street in Kitsilano, directly across the street from the future Arbutus SkyTrain Station.
• The development will include 256 homes, retail space, The Kollel, and a direct connection to the Arbutus Greenway.
• The Real Estate Development Program is intended to create a new long-term source of non-taxation revenue that can be reinvested into transit.
• The program draws on approaches used by leading transit agencies around the world, including Hong Kong's MTR.

More Information:
Project webpage
TransLink Real Estate Development Webpage

Media downloads:
Media can download renderings of the development here

Media Contacts:
TransLink Media Relations | [email protected]
PCI Developments Media Relations | 604-662-3500 | [email protected]