Broadway-Commercial Safeway Redevelopment Goes Full Rental

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Howard is a Staff Writer based in Vancouver. He was formerly the Deputy Editor of 604 Now, and has written about the media industry for OneZero and international politics for WhoWhatWhy.

​The proposal to redevelop the Safeway at Broadway-Commercial Station by Westbank and Crombie REIT has seen several revisions over the past five years.After submitting their original rezoning application for the Broadway-Commercial Safeway in Vancouver back in 2019, the developers of the site have now unveiled a revised plan, the latest iteration of a high-profile project that has already seen several revisions.

By November 2021, the plans were again changed to three towers between 24 and 29 storeys, with 214 market strata units, 438 rental units, and 93 below-market rental units, for a total density of 5.70. About two blocks west of the site is the eastern edge of the Broadway Plan area, however, which allows for 30 to 40 storeys and an FSR between 10.0 and 12.0 near SkyTrain stations. The developers point out that those stations, coming from the future Broadway Subway Project, will also likely attract fewer commuters and less traffic than Commercial-Broadway Station, which has access to both the Expo Line and Millennium Line, while also serving as an access point to the 99 B-Line bus to UBC.

The project's sustainable design will bring a 90% reduction in operational carbon, a 25% reduction in embodied carbon, and high-quality carbon offets purchased locally to mitigate residual emissions. Over a 60-year lifecycle and in terms of emissions, the developers say, "it will be as if our project was never constructed."has consistently stood against the redevelopment plans, pointing to "the lack of affordability and design of these behemoth upscale and luxury towers.

 

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